Dynamic relationship between tourism, economic growth, and environmental quality

Dados Bibliográficos

ID23354530
AutoresDanish Danish (0000-0003-1046-1655, Beijing Institute of Technology), Zhaohua Wang (0000-0002-3246-3494, Beijing Institute of Technology, autor correspondente)
Ano2018
Volume26
Fascículo11
Páginas1928-1943
Data de publicação2018-11-02
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoJournal of Sustainable Tourism (JOURNAL)
Identificadores do periódicoISSN: 0966-9582 • E-ISSN: 1747-7646
EditoraInforma UK Limited (PUBLISHER • GB)
DOI10.1080/09669582.2018.1526293
OpenAlexW2906811173
IdiomaEN
Citações recebidas79
Referências citadas53

In the recent era of globalisation, the tourism sector is growing rapidly and stimulates economic growth across the world, however, the inevitable environmental consequences of tourism cannot be ignored. For sustainable tourism, it is necessary to understand the interrelationship between economic growth, tourism, and environmental quality. Hence, the objective of the current research is to investigate the dynamic relationship between tourism, economic growth, and CO2 emissions from 1995 to 2014 in the context of BRICS economies. A group of econometric tests robust to heterogeneity and cross-sectional dependence is applied to achieve accurate and unbiased results. Empirical findings propose that tourism sector significantly encourages economic growth; however, tourism degrades the quality of the environment. Also, globalisation has a long-term relationship with economic growth but an insignificant relationship with CO2 emissions. The long-term elasticities further recommend that investment stimulate economic growth and mitigate CO2 emissions. Moreover, environmental Kuznets curve (EKC) holds in BRICS countries in its significance to tourism and globalisation. Finally, a heterogeneous panel non-causality test detects bi-directional causality between tourism receipts and CO2 emissions. Moreover, tourism and investment in tourism Granger cause each other. Empirical findings direct towards important policy implications.

Context (archaeology) · Econometrics · Economic growth · Economics · Empirical research · Environmental quality · Geography · Globalization · Granger causality · Green growth · Kuznets Curve · Market economy · Panel data · Political science · Sustainable development · Sustainable tourism · Tourism · Diverse Aspects of Tourism Research · Energy, Environment, Economic Growth · Environmental Sustainability in Business