How does energy investment affect the energy utilization-growth-tourism nexus? Evidence from E7 Countries

Basit Öğe Kaydı
dc.authoridGyamfi, Bright Akwasi/0000-0002-7567-9885
dc.authoridGyamfi, Bright Akwasi/0000-0002-7567-9885
dc.authoridBekun, Festus Victor/0000-0003-4948-6905
dc.authoridBein, Murad Abdurahman/0000-0002-3248-4316
dc.contributor.authorGyamfi, Bright Akwasi
dc.contributor.authorBein, Murad A.
dc.contributor.authorAdedoyin, Festus Fatai
dc.contributor.authorBekun, Festus Victor
dc.date.accessioned2024-09-11T19:52:13Z
dc.date.available2024-09-11T19:52:13Z
dc.date.issued2022
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractTourism is an important driver of economic growth for several countries in the world. However, the rise in tourism activities has raised concerns regarding emissions resulting from tourist activities such as transportation as well as the consequent effect on the quality of the environment. Hence, this study examines the impact of tourism and other factors such as investments, energy utilization and economic growth on carbondioxide (CO2) emission in the emerging industrialized seven countries namely (China, India, Brazil, Mexico, Russia, Indonesia and Turkey) for the period 2000 to 2018. The study uses the Pool Mean Group Autoregressive Distributed Lag (PMG-ARDL), ordinal least square (OLS), dynamic ordinals least square (DOLS) and fully modified least square (FMOLS) estimators as well as Dumitrescu and Hurlin Causality Test. Long run regression estimates reveal that a increase in tourism activities lower carbondioxide emissions in the E7 countries which can be traced to the adoption of environmentally friendly tourism. Furthermore, investment in energy and economic growth, the majority of the regression results point that both factors lower carbondioxide emissions in the emerging seven (E7) countries while energy consumption is a driver of CO2 emissions in the E7 countries. The study suggests that the implementation of environmentally friendly tourism be sustained to continually improve the quality of the natural environment in the blocs. Similarly, strict regulations of economic activities in line with the protection of the environment are advised while the use of renewable energy is needed to reduce emissions in the E7 countries.en_US
dc.identifier.doi10.1177/0958305X21999752
dc.identifier.endpage376en_US
dc.identifier.issn0958-305X
dc.identifier.issn2048-4070
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-85113627058en_US
dc.identifier.startpage354en_US
dc.identifier.urihttps://doi.org/10.1177/0958305X21999752
dc.identifier.urihttps://hdl.handle.net/11363/7930
dc.identifier.volume33en_US
dc.identifier.wosWOS:000690422100001en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherSage Publications Ltden_US
dc.relation.ispartofEnergy & Environmenten_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmz20240903_Gen_US
dc.subjectTourismen_US
dc.subjectenergy utilizationen_US
dc.subjectenvironmental sustainabilityen_US
dc.subjecteconomic growthen_US
dc.subjectcarbondioxide emissionsen_US
dc.subjectinvestment in the energy sectoren_US
dc.subjectE7 economiesen_US
dc.titleHow does energy investment affect the energy utilization-growth-tourism nexus? Evidence from E7 Countriesen_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu