The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data Study
Digital facilities are changing the way companies market to consumers. The use of smartphones and what we called Internet of Things (IoT) are changing the way citizens consume. In this article we perform a cross-country panel data study to analyze how the implementation of business Internet use for...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Academicus
2019-07-01
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| Series: | Academicus International Scientific Journal |
| Subjects: | |
| Online Access: |
http://www.academicus.edu.al/nr20/Academicus-MMXIX-20-199-222.pdf
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| _version_ | 1818852053896658944 |
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| author | Laura Lorente Bayona Aurora Ruiz Rua |
| author_facet | Laura Lorente Bayona Aurora Ruiz Rua |
| author_sort | Laura Lorente Bayona |
| collection | DOAJ |
| description | Digital facilities are changing the way companies market to consumers. The use of smartphones and what we called Internet of Things (IoT) are changing the way citizens consume. In this article we perform a cross-country panel data study to analyze how the implementation of business Internet use for buying/selling goods and services, and for interaction with customers influences, for example, the international travel and tourism incomes. Our results show that the use of electronic commerce attracts international tourism and increases tourism revenue, as well as decreases the degree of tourism specialization in the country’s export structure, the relative capability of tourism in generating foreign revenues decrease compare with the other sectors that become more powerful. Besides, we present one of the main political and governmental inhibitor that in this issue the companies must deal with in an international context, the currency exchange control, not yet greatly studied in previous literature. |
| first_indexed | 2024-12-19T07:14:49Z |
| format | Article |
| id | doaj.art-4d261beebd244997bd1327969538ee1c |
| institution | Directory Open Access Journal |
| issn | 2079-3715 2309-1088 |
| language | English |
| last_indexed | 2024-12-19T07:14:49Z |
| publishDate | 2019-07-01 |
| publisher | Academicus |
| record_format | Article |
| series | Academicus International Scientific Journal |
| spelling | doaj.art-4d261beebd244997bd1327969538ee1c2022-12-21T20:31:07ZengAcademicusAcademicus International Scientific Journal2079-37152309-10882019-07-01MMXIX2019922210.7336/academicus.2019.20.15The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data StudyLaura Lorente BayonaAurora Ruiz RuaDigital facilities are changing the way companies market to consumers. The use of smartphones and what we called Internet of Things (IoT) are changing the way citizens consume. In this article we perform a cross-country panel data study to analyze how the implementation of business Internet use for buying/selling goods and services, and for interaction with customers influences, for example, the international travel and tourism incomes. Our results show that the use of electronic commerce attracts international tourism and increases tourism revenue, as well as decreases the degree of tourism specialization in the country’s export structure, the relative capability of tourism in generating foreign revenues decrease compare with the other sectors that become more powerful. Besides, we present one of the main political and governmental inhibitor that in this issue the companies must deal with in an international context, the currency exchange control, not yet greatly studied in previous literature. http://www.academicus.edu.al/nr20/Academicus-MMXIX-20-199-222.pdf e-commerce; e-payment; tourism competitiveness; foreign exchange control |
| spellingShingle | Laura Lorente Bayona Aurora Ruiz Rua The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data Study Academicus International Scientific Journal e-commerce; e-payment; tourism competitiveness; foreign exchange control |
| title | The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data Study |
| title_full | The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data Study |
| title_fullStr | The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data Study |
| title_full_unstemmed | The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data Study |
| title_short | The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data Study |
| title_sort | importance of online payment on travel and tourism incomes a cross country panel data study |
| topic | e-commerce; e-payment; tourism competitiveness; foreign exchange control |
| url |
http://www.academicus.edu.al/nr20/Academicus-MMXIX-20-199-222.pdf
|
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