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Research on Factors Affecting Public Risk Perception of Thai High-Speed Railway Projects Based on “Belt and Road Initiative”

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  • Sangsomboon Ploywarin

    (School of Economics and Management, Harbin Engineering University, Harbin 150001, China
    International Strategy Division, Rajamangala University of Technology, Thanyaburi 12110, Pathum Thani, Thailand)

  • Yan Song

    (School of Economics and Management, Harbin Engineering University, Harbin 150001, China)

  • Dian Sun

    (School of Economics and Management, Harbin Engineering University, Harbin 150001, China)

Abstract

Studies on the factors affecting public risk perception of high-speed railway projects in Thailand are very limited. The aim of this study was to assess the influencing factors of public railway project risk perception, which described the public trust degrees of government, enterprise, media and experts with a combination of variables. Therefore, the study used the widely accepted influential factors and proposed a comprehensive framework to clarify the mechanism among various factors in the public risk perception. Dataset of 675 samples was collected from Don Muang area Bangkok, Pak Thong Chai, Pak Chong, Kaengkhoi area, and Nakhon Ratchasima Province, Thailand through questionnaire. Rationality of the questionnaire was ensured through its high reliability and efficiency. The dimension hypothesis of the second-order factor was validated by confirmatory factor analysis, and the relationship among information acquisition, trust, emotion and risk perception was analyzed through the structural equation model. The results show that, within the factors that affect risk perception, the public has a more direct effect on the factors of social emotion of railway projects compared with information acquirement and the factors of trust level of each subject. This study exerts practical implications to reduce public risk perception of railway projects and promote the development of railway in Thailand.

Suggested Citation

  • Sangsomboon Ploywarin & Yan Song & Dian Sun, 2018. "Research on Factors Affecting Public Risk Perception of Thai High-Speed Railway Projects Based on “Belt and Road Initiative”," Sustainability, MDPI, vol. 10(6), pages 1-13, June.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:6:p:1978-:d:152160
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    References listed on IDEAS

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    Cited by:

    1. Wang, Xueqin & Wong, Yiik Diew & Yuen, Kum Fai & Li, Kevin X., 2020. "Environmental governance of transportation infrastructure under Belt and Road Initiative: A unified framework," Transportation Research Part A: Policy and Practice, Elsevier, vol. 139(C), pages 189-199.
    2. Tengyuan Chang & Xiaopeng Deng & Bon-Gang Hwang, 2019. "Investigating Political Risk Paths in International High-Speed Railway Projects: The Case of Chinese International Contractors," Sustainability, MDPI, vol. 11(15), pages 1-15, August.
    3. Qian Luo & Guohua Fang & Jian Ye & Min Yan & Chengxuan Lu, 2020. "Country Evaluation for China’s Hydropower Investment in the Belt and Road Initiative Nations," Sustainability, MDPI, vol. 12(19), pages 1-19, October.
    4. Qianqian, Li & Yijun, Liu, 2020. "The China-Pakistan economic corridor: The Pakistani media attitudes perspective," Technology in Society, Elsevier, vol. 62(C).
    5. Edmundas Kazimieras Zavadskas & Jonas Šaparauskas & Jurgita Antucheviciene, 2018. "Sustainability in Construction Engineering," Sustainability, MDPI, vol. 10(7), pages 1-7, June.
    6. Chuchu Zhang & Chaowei Xiao & Helin Liu, 2019. "Spatial Big Data Analysis of Political Risks along the Belt and Road," Sustainability, MDPI, vol. 11(8), pages 1-16, April.

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