The nexus between tourism, economic growth, renewable energy consumption, and carbon dioxide emissions: contemporary evidence from OECD countries
Autor: | Emrah Koçak, Cem Işık, Ercan Sirakaya-Turk, Umit Bulut, Tarik Dogru, Courtney Suess |
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Přispěvatelé: | İktisadi ve İdari Bilimler Fakültesi, Ümit Bulut / 0000-0002-8964-0332 |
Jazyk: | angličtina |
Rok vydání: | 2020 |
Předmět: |
Canada
Slovakia Bootstrap panel cointegration Turkey Luxembourg Natural resource economics Health Toxicology and Mutagenesis Environmental pollution 010501 environmental sciences 01 natural sciences Gross domestic product Belgium Environmental Chemistry Renewable Energy Organisation for Economic Co-Operation and Development Economic growth Sustainable tourism 0105 earth and related environmental sciences Cointegration business.industry Tourism development General Medicine Energy consumption Carbon Dioxide Gross national product Pollution Renewable energy Italy Economic Development France business Tourism New Zealand |
Popis: | The relationship between tourism development, economic growth, renewable energy consumption, and carbon dioxide emissions has been examined in a variety of contexts; however, the extant studies report contradictory findings mainly due to utilizing arbitrary empirical techniques. We present a comprehensive literature review and the effects of tourism development, economic growth, and renewable energy consumption on the carbon dioxide (CO2) emission. Specifically, the effects of gross domestic product, renewable energy consumption, and tourism receipts on carbon dioxide emissions in OECD countries are examined utilizing the bootstrap panel cointegration technique and the augmented mean group estimator. The results showed that tourism development has negative and significant effects on CO2 emission in Canada, Czechia, and Turkey, while tourism development has positive and significant effects on CO2 emission in Italy, Luxembourg, and the Slovak Republic. Also, Belgium, France, New Zealand, and the Slovak Republic have shifted towards sustainable tourism practices. Theoretical and practical implications are discussed. © 2020, Springer-Verlag GmbH Germany, part of Springer |
Databáze: | OpenAIRE |
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