A Structural Equation Model of the Factors Affecting the Belt and Road Initiative (BRI) on the Perceived Benefits and Intention of Thai People to Use the China-Laos High-Speed Rail Service

Author:

Theerathitichaipa Kestsirin1,Wisutwattanasak Panuwat1,Se Chamroeun1,Seefong Manlika1,Jomnonkwao Sajjakaj1,Champahom Thanapong2,Ratanavaraha Vatanavongs1,Kasemsri Rattanaporn1

Affiliation:

1. Suranaree University of Technology

2. Rajamangala University of Technology Isan

Abstract

Abstract

The Belt and Road Initiative (BRI) policy, with the China-Laos high-speed railway being a part of the BRI project. As it is well known, Thailand shares a border with Laos and has significant cross-border trade with China. In terms of tourism, Thailand is a globally popular destination, with Chinese tourists being the largest group of visitors. This study takes place in Thailand, a developing country, to examine the opportunities that may arise if Thailand prepares to handle the China-Laos high-speed railway. The objective of this research is to study the relationship between factors affecting BRI and Thai people's perceived benefits and their intention to use the China-Laos high-speed railway. Data was collected through a survey conducted in key trade gateway areas along the Thailand-Laos border, using Stratified Random Sampling of 1,540 Thai residents living in border provinces along the BRI route. The research findings indicate that Perceived Emotional is the most important factor in explaining Thai people's perception. Additionally, foreign direct investment, tourism, employment, living standards and society, economy, and logistics transportation positively influence the perceived benefits of BRI. Furthermore, the perceived benefits of BRI have a positive relationship with the attitudes of Thai people. The results also reveal that perceived benefits, attitudes, and subjective norms positively correlate with the intention to use the China-Laos high-speed railway. These findings can be utilized to provide in-depth insights to relevant agencies and assist in formulating policies and measures that align with the BRI policy. This alignment will enhance development to sustainable changes.

Publisher

Springer Science and Business Media LLC

Reference84 articles.

1. Ab Hamid, M.R., Sami, W., Sidek, M.M.: Discriminant validity assessment: Use of Fornell & Larcker criterion versus HTMT criterion. Paper presented at the Journal of physics: Conference series. (2017)

2. Exploration of the impact of China’s outward foreign direct investment (FDI) on economic growth in Asia and North Africa along the Belt and Road (B&R) Initiative;Abdulsalam A;Sustainability,2021

3. Ajzen, I.: Constructing a TPB questionnaire: Conceptual and methodological considerations. (2002)

4. Alarcón, D., Sánchez, J.A., De Olavide, U.: Assessing convergent and discriminant validity in the ADHD-R IV rating scale: User-written commands for Average Variance Extracted (AVE), Composite Reliability (CR), and Heterotrait-Monotrait ratio of correlations (HTMT). Paper presented at the Spanish STATA meeting. (2015)

5. Nexus between green logistic operations and triple bottom line: evidence from infrastructure-led Chinese outward foreign direct investment in Belt and Road host countries;An H;Environ. Sci. Pollut. Res.,2021

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3