Exploring the Nexus among Tourism, Information Communication Technology and Economic Growth: A Case Study of Nigeria
Ifeoluwa Alao-Owunna, Olamide M. Adediwura, Olabisi S. Ayoade
Journal of Economics, Management and Trade · pp. 124–139 · Published 21 Nov 2023
10.9734/jemt/2023/v29i111168Abstract
The research investigates the relationship between economic growth and tourism as well as information and communications technology (ICT) between 1995 and 2021. Using the autoregressive distributed lag (ARDL) process and an enhanced Solow framework for cointegration analysis; we examine how these variables interact. The findings demonstrate that, when all three are forced to depend on one another, economic growth, foreign tourism receipts—which act as a stand-in for tourism—and mobile cellular subscriptions—which indicate the pervasiveness of ICT—all display cointegration. At the 1% level, both ICT and tourism have long-term statistically significant effects. ICT and tourism have short-run coefficients of 0.006 and 0.03 respectively. Furthermore, at the 1% level, the interaction term (LNTOUR*MCS) of tourism receipts and ICT is associated with a long-run coefficient (0.148) that indicates a positive and statistically significant effect on economic growth. This finding highlights the importance of fostering the mutually beneficial interaction between the development of technology and the growth of the tourist industry as key factors in Nigeria's economic prosperity.
References (61)
- 1 Bounds testing approaches to the analysis of level relationships [DOI]
- 2 Tourism and COVID-19: Impacts and implications for advancing and resetting industry and research [DOI]
- 3 Tourism as a long-run economic growth factor: the Spanish case [DOI]
- 4 Smart Tourism Destinations Enhancing Tourism Experience Through Personalisation of Services [DOI]
- 5 Autoregressive Distributed Lag (ARDL) cointegration technique: application and interpretation
- 6 Tourism information technology [DOI]
- 7 The Effects of Tourism on Economic Growth and CO 2 Emissions: A Comparison between Developed and Developing Economies [DOI]
- 8 Assessing the dynamic economic impact of tourism for island economies [DOI]
- 9 Tourism-led growth hypothesis in the top ten tourist destinations: New evidence using the quantile-on-quantile approach [DOI]
- 10 Trade openness and economic growth quality of China: Empirical analysis using ARDL model [DOI]
- 11 Is tourism an engine for economic recovery? Theory and empirical evidence [DOI]
- 12 Determinants of Malaysian Trade Balance: An ARDL Bound Testing Approach [DOI]
- 13 Does tourism effectively stimulate Malaysia's economic growth? [DOI]
- 14 Does tourism influence economic growth? A dynamic panel data approach [DOI]
- 15 Does trade openness affect long run growth? Cointegration, causality and forecast error variance decomposition tests for Pakistan [DOI]
- 16 Tourism expansion, tourism uncertainty and economic growth: New evidence from Taiwan and Korea [DOI]
- 17 ICT as a driver of economic growth: A survey of the literature and directions for future research [DOI]
- 18 How strong is the linkage between tourism and economic growth in Europe? [DOI]
- 19 Impact of Information and Communication Technology Infrastructure on Economic Growth: An Empirical Assessment for the EU Countries [DOI]
- 20 On the empirical relationship between tourism and economic growth [DOI]
- 21 Tourism and Economic Growth [DOI]
- 22 Testing the role of tourism and human capital development in economic growth. A panel causality study of micro states [DOI]
- 23 Future research issues in IT and tourism [DOI]
- 24 Tourism spatial spillover effects and urban economic growth [DOI]
- 25 The effects of ICT⁎ on output per worker: A study of the Chinese economy [DOI]
- 26 The relationship between tourism, foreign direct investment and economic growth: evidence from Iran [DOI]
- 27 Internet penetration, human capital and economic growth in the ASEAN economies: evidence from a translog production function [DOI]
- 28 The determinants and interrelationship of carbon emissions and economic growth in African economies: Fresh insights from static and dynamic models [DOI]
- 29 The tourism-led growth hypothesis: empirical evidence from Turkey [DOI]
- 30 Exploring the Nexus between Information and Communications Technology, Tourism and Growth in Fiji [DOI]
- 31 The Impact of Capital Formation on the Growth of Nigerian Economy
- 32 Growth effects of leisure tourism and the level of economic development [DOI]
- 33 The relationship between tourism and sustainable economic growth in the Republic of Benin [DOI]
- 34 The Effect of Information and Communication Technology on Economic Growth: Arab World Case
- 35 Causality between tourism and economic growth nexus [DOI]
- 36 TOURISM DEVELOPMENT AND ECONOMIC GROWTH NEXUS: NIGERIA’S EXPERIENCE
- 37 Tourism, Internet penetration and economic growth [DOI]
- 38 Information and Communication Technologies in Tourism 1999 [DOI]
- 39 Tourism–growth nexus in Pacific Island Countries: A panel study on information and communication technology as a contingent factor [DOI]
- 40 Determinants of Touristic Attraction in Portuguese Regions and Their Impact on GDP [DOI]
- 41 Tourism development and regional production efficiency: Evidence from southwestern China [DOI]
- 42 La contribución del Turismo al crecimiento económico de México: Un análisis por ramas características del sector [DOI]
- 43 The Economic Contribution of Tourism in Iran: An Input–output Approach [DOI]
- 44 Strategies for development of Ukrainian energy market under conditions of geopolitical challenges [DOI]
- 45 The Role of ICT in Tourism Industry on Economic Growth: Case study Iran
- 46 Digital Technologies and Tourism as Drivers of Economic Growth in Europe and Central Asia [DOI]
- 47 Role of ICT And Tourism in Economic Growth of India [DOI]
- 48 Dimensional Entrepreneurial Deployment of Information and Communication Technology for Economic Empowerment in Nigeria [DOI]
- 49 ICT and Economic Growth [DOI]
- 50 The Contribution of Tourism to Economic Growth: An Empirical Analysis for the Case of Chile
- 51 An Autoregressive Distributed-Lag Modelling Approach to Cointegration Analysis [DOI]
- 52 ICT and economic growth – Comparing developing, emerging and developed countries [DOI]
- 53 Advancements in technology and digital media in tourism [DOI]
- 54 Smart Tourism Ecosystem: A New Dimension toward Sustainable Value Co-Creation [DOI]
- 55 Does Tourism Affect Economic Growth of China? A Panel Granger Causality Approach [DOI]
- 56 Econometric Analysis of the Relationship Between Tourism Revenues, Inflation and Economic Growth: The Case of Morocco and South Africa [DOI]
- 57 Assessment of Tourism Potentials and Their Contributions to The Socio-Economic Development of Idanre People, Ondo State, Nigeria
- 58 Information Communication Technology and Its Impact on the Economic Growth of Nigeria [DOI]
- 59 Tourism and Economic Growth Nexus in Maldives: Asymmetric Analysis and Role of ICT [DOI]
- 60 Institutional Quality, Human Capital Development and Poverty Level in Nigeria (1981-2021) [DOI]
- 61 Impacts of Energy Consumptions, Economic Growth, ICT, Military Expenditure, and Tourism on CO2 Emissions: Evidence from G20 Countries [DOI]
Cited by 5
Olamide M. Adediwura, Abiodun A. Adegboye, Ifeoluwa Alao-Owunna, Olabisi Ayoade · Asian Journal of Economics, Business and Accounting · 2024
L. Tashpulatova, F. Suyunova · Journal of Central Asian Studies · 2025
Showing 2 of 5 known citations — external sources report more than can currently be individually listed.
Related research
- Frequency of H. pylori Infection among Patients with Gastrointestinal Symptoms Attending Somali Sudanese Specialized Hospital (SSSH), Mogadishu, Somalia — shares topic coverage
- A Survey of Junior and Senior High School Teachers’ Perceptions and Perceived Skills of ICT Integration in Teaching and Learning of Mathematics — shares topic coverage
- Improving Delta State Polytechnic Ogwashi-Uku (DSPG) Website for Effective Marketing Cum Global Ranking — shares topic coverage
- ICTs in Smart Agriculture: Paths to Build SDGs of Bangladesh — shares topic coverage
- A Review of Recent Trends in the Application of Information and Communication Technology in Nigeria (1999-2015) — shares topic coverage
Article metrics
Real usage data collected on this platform.
52
Page views
0
PDF downloads
24
Outbound clicks
5
Citations
Views over time
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
Traffic sources
Referring site, by host.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.