The Trade-Off Between Tourism and Pollution for Japanese Economic Growth

Autor:	Carla Massidda, Giovanni Bella
Rok vydání:	2021
Předmět:	Pollution environmental Kuznets curve tourism pollution VECM analysis long run causality Japan Tourism Leisure and Hospitality Management Long run causality media_common.quotation_subject Geography Planning and Development Economics International economics Trade-off Tourism media_common
Zdroj:	Tourism: An International Interdisciplinary Journal Volume 69 Issue 3
ISSN:	1849-1545 1332-7461
Popis:	This paper proposes a vector error correction model to investigate the relationship between polluting emissions and GDP levels in Japan, in the period 1970-2014, and tests the validity of the Environmental Kuznets Curve (EKC) hypothesis driven by tourist arrivals. Our results validate the existence of two different causality channels among the selected variables. In particular, we find that a trade-off might exist between increasing the number of tourists, which drives economic growth, and the pattern of a sustainable development, due to the increase of polluting emissions. The analysis allows us to propose appropriate policy strategies to promote a robust and sustainable long run economic growth.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::edf51e5d0b42a4306ebf6fdd10942c0c https://doi.org/10.37741/t.69.3.4 Zobrazit plný text záznamu