The Role of ICT and Infrastructure in Tourism Development: New Evidence From Asian Economies
The Emerald Handbook of Tourism Economics and Sustainable Development
ISBN: 978-1-83753-709-9, eISBN: 978-1-83753-708-2
Publication date: 18 September 2024
Abstract
The adoption and usage of information and communication technology (ICT) has introduced transformation in the tourism arena with ICT applications extensively used in tourism industry. In addition to ICT, an advanced infrastructure is essential for the development of tourism industry. Thus, the goal of present research is to probe the impact of ICT and infrastructure on tourism development (TD) in 28 Asian economies using method of moments panel quantile regression (MM-QR) model introduced by Machado and Silva (2019) applied to a panel data from 2008 to 2020. Empirical findings demonstrate that there is an asymmetric non-linear effect of ICT and infrastructure through all quantile range. This indicates that ICT has negative effect on TD in poor countries while positive impact in rich countries. Negative impact in poor countries may be due to higher establishment cost and information technology (IT) productivity paradox. However, results confirm the importance of ICT and infrastructure in endorsing the development of tourism sector in Asian nations by lessening time and money costs and facilitating travelers.
Keywords
Citation
Arsh, S., Nasreen, S. and Nghiem, X.-H. (2024), "The Role of ICT and Infrastructure in Tourism Development: New Evidence From Asian Economies", Hunjra, A.I. and Sharma, A. (Ed.) The Emerald Handbook of Tourism Economics and Sustainable Development (Building the Future of Tourism), Emerald Publishing Limited, Leeds, pp. 119-145. https://doi.org/10.1108/978-1-83753-708-220241007
Publisher
:Emerald Publishing Limited
Copyright © 2024 Saira Arsh, Samia Nasreen and Xuan-Hoa Nghiem. Published under exclusive licence by Emerald Publishing Limited