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      The importance of online payment on Travel and Tourism incomes - A Cross-Country Panel Data Study

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          Abstract

          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.

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          Most cited references16

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          Role of social media in online travel information search

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            User generated content: the use of blogs for tourism organisations and tourism consumers

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              The effect of mobile retailing on consumers' purchasing experiences: A dynamic perspective

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                Author and article information

                Journal
                Academicus : International Scientific Journal
                Academicus Journal
                01 January 2019
                : MMXIX
                : 20
                : 199-222
                Article
                4d261beebd244997bd1327969538ee1c
                10.7336/academicus.2019.20.15
                5958f264-7000-4d6d-8b86-7bee358b2c0b

                Distributed under the terms of the https://creativecommons.org/licenses/by-nc-nd/4.0/, which permits noncommercial use and distribution in any medium, provided the original author(s) and source are credited, and the original work is not modified.

                History
                Categories
                Social Sciences
                H
                Economics as a science
                HB71-74

                Sociology,Political science,Social & Behavioral Sciences,Law,Philosophy,Economics
                E-commerce; E-Payment; tourism competitiveness; foreign exchange control

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