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https://doi.org/10.1080/1331677X.2022.2041063

Dynamic relationship between international tourism, economic growth and environmental pollution in the OECD countries: evidence from panel VAR model

Ayfer Gedikli
Seyfettin Erdoğan
Emrah Ismail Çevik
Emre Çevik
Rui Alexandre Castanho
Gualter Couto


Puni tekst: engleski pdf 2.512 Kb

str. 5907-5923

preuzimanja: 361

citiraj


Sažetak

The aim of this study is to examine the impact of international
tourism on economic growth and carbon emissions by using the
Panel VAR model in selected OECD countries. By using yearly data
for the periods of 1995 and 2020, we examine the dynamic relationship
between international tourism, economic growth, and
carbon emissions using the Granger causality test and impulse
responses analysis. Although we could not determine the presence
of a causal link between the variables using the Granger
causality test, impulse responses analysis confirmed that
responses of carbon emissions and economic growth to an unexpected
international tourism shock are positive and significant.
On the other hand, impulse responses analysis results show that
responses of carbon emissions and economic growth to unexpected
international tourism are positive and significant. The
empirical findings also indicated that the responses of carbon
emissions to an unexpected international tourism shock are
higher than the responses of economic growth to an unexpected
international tourism shock and these findings indicate that the
negative impact of international tourism on environmental quality
is greater than its positive impact on economic growth.
Policymakers should take actions and measures to reduce the
impact of international tourism on environmental deterioration.
Improvements and dissemination of eco-friendly technologies in
all tourism activities may help to reduce the negative impact of
international tourism on carbon emissions.

Ključne riječi

International tourism; carbon emission; economic growth; panel VAR

Hrčak ID:

302956

URI

https://hrcak.srce.hr/302956

Datum izdavanja:

31.3.2023.

Posjeta: 592 *