Revolutionising tourism development in China: an effective role of ICT and Western Silk Road project

Shehzad, Khurram; Liu, Xiaoxing; Rauf, Abdul; Arif, Muhammad; Mazhar, Saman; Sohail, Nadeem; Amin, Waqas

doi:10.1080/10941665.2019.1653334

Cited by 40 publications

(33 citation statements)

References 47 publications

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“…Trade operations are an effective tool for China, which is attempting to promote them through the use of new technologies. In order to boost regional import and export operations, China has implemented policies that make possible and promote the application of ICT instruments into global trade [86]. The outcomes revealed that a one-unit increase in financial innovations expressively surges the economic growth by 0.238 units in the long run.…”

Section: Ardl Reckoningmentioning

confidence: 99%

An Officious Impact of Financial Innovations and ICT on Economic Evolution in China: Revealing the Substantial Role of BRI

et al. 2021

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The Belt and Road Initiative removes regional barriers and brings communities closer together. In addition, ICT and financial innovation have helped transform the world into a big village and promoted economic growth. The study assessed the dynamic impact of ICT, economic globalization, and financial innovation on China’s economic growth. The study used quarterly data from 2000 to 2019 and used the ARDL model to determine long-term and short-term consequences. The results of the study show that ICT has a positive affiliation with economic growth in China. In addition, financial innovation has also shown a direct impact on economic growth. The study shows that China’s One Belt One Road project (economic globalization) has a great positive impact on its GDP. The consequences of the causality test discovered the significant unidirectional causality running from ICT and economic globalization (ECGI) to GDP. The study recommends mandatory policies related to ICT, financial innovation, and economic globalization to achieve long-term and sustainable development in China.

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Section: Ardl Reckoningmentioning

confidence: 99%

An Officious Impact of Financial Innovations and ICT on Economic Evolution in China: Revealing the Substantial Role of BRI

et al. 2021

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“…In addition, China has become the largest source of international tourism, sending and receiving international tourists to and from many countries [6][7][8], several researchers think highly of the impact of Chinese tourism and Chinese tourists on the global economy [9,10].…”

Section: Introductionmentioning

confidence: 99%

Blockchain Technology for Winning Consumer Loyalty: Social Norm Analysis Using Structural Equation Modeling

et al. 2021

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Remarkable changes have taken in social operation mode and consumers’ behavior mode because of the foot ban during the pandemic spread of COVID-19. Digital technologies such as Blockchain have shown potential in gaining competitive advantages for enterprises in such situations. This study aims to provide an insight into how to gain consumer loyalty through the use of modern and efficient Blockchain technology. In contrast to the current literature, this study combined the technology acceptance model of planned behavior theory, social exchange theory to explain the loyalty of an online travel agency (OTA) consumer. A self-administered questionnaire was used to collect data from citizens in Hangzhou, a city full of technological innovation atmosphere. Using structural equation modeling with SmartPLS©, responses from 1403 citizens were analyzed. Social norm was discovered to have a positive and significant association with the consumers’ attitude toward technology and thus enhancing the perceived usability and hedonism of OTA application, which can increase consumer loyalty. The findings suggested OTAs may gain consumers’ loyalty through adopting Blockchain technology, and local governments have played a key role in creating such an environment. New technologies have become essential professional and social tools for society. The technological environment and Blockchain within the tourism sector are fundamental elements of China’s economic engine.

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“…Second, prior studies examining the effects of ICT on tourism development employ a limited number of different ICTs at one time for analysis, such as number of Internet users and mobile cellular subscriptions (Adeola and Evans 2020); websites, mobile apps, and touch screen (Pierdicca et al 2019); mobile and broadband subscriptions (Kumar and Kumar 2020); international telecommunication services, news related transactions among non-residents and residents, computer data, and technical services (Shehzad et al 2019); and mobile subscriptions (Kumar et al 2019). Therefore, the existing literature does not specifically address the impacts of six different ICTs in a destination nation on tourism development (i.e., international traveler arrivals, tourism receipts, and sector returns).…”

Section: Introductionmentioning

confidence: 99%

The impacts of ICTs on tourism development: International evidence based on a panel quantile approach

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Chen

et al. 2021

Inf Technol Tourism

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Revolutionising tourism development in China: an effective role of ICT and Western Silk Road project

Cited by 40 publications

References 47 publications

An Officious Impact of Financial Innovations and ICT on Economic Evolution in China: Revealing the Substantial Role of BRI

An Officious Impact of Financial Innovations and ICT on Economic Evolution in China: Revealing the Substantial Role of BRI

Blockchain Technology for Winning Consumer Loyalty: Social Norm Analysis Using Structural Equation Modeling

The impacts of ICTs on tourism development: International evidence based on a panel quantile approach

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