Do trade in environmental goods and remittances promote tourism development? New insights from RCEP countries
Bibliographic Data
| ID | 21699744 |
|---|---|
| Authors | Xia Liu (0000-0003-1136-4742, Zhengzhou University), Liu Xia (0000-0002-2854-9666, Business School, Zhengzhou University, Zhengzhou City, People’s Republic of China), Sorphasith Xaisongkham (0000-0002-6669-8419, Business School, Zhengzhou University, Zhengzhou City, People’s Republic of China, corresponding author) |
| Year | 2024 |
| Volume | 27 |
| Issue | 16 |
| Pages | 2533-2537 |
| Publication date | 2024-08-17 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Current Issues in Tourism (JOURNAL) |
| Journal identifiers | ISSN: 1368-3500 • E-ISSN: 1747-7603 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13683500.2023.2252558 |
| OpenAlex | W4386277586 |
| Language | EN |
| References cited | 17 |
This study presents new perspectives by empirically examining the impact of trade in environmental goods and remittances on tourism development in RCEP countries over the period 1995-2021. We deployed the novel 2SIV-DPD model, the two-step system GMM and the D-K standard error approach. Results found new evidence that trade in environmental goods and remittances boost tourism development while economic growth hampers foreign tourism in RCEP countries. In addition, our results suggested that RCEP countries should bolster trade in environmental goods, improve infrastructure networks of transfer channels, and control price levels to achieve tourism development goals
Business · Economics · International economics · International trade · Political science · Tourism · Diverse Aspects of Tourism Research · Energy, Environment, Economic Growth · Fiscal Policy and Economic Growth
| Highly cited | No |
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