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dc.contributor.authorAlam, M. S.en
dc.contributor.authorParamati, S.R.en
dc.contributor.authorChen, C.en
dc.date.accessioned2018-11-07T09:37:21Z
dc.date.available2018-11-07T09:37:21Z
dc.date.issued2016-09-21
dc.identifier.citationParamati, S.R., Alam, M.S., and Chen, C-F. (2016) The Effects of Tourism on Economic Growth and CO2 Emissions: A Comparison between Developed and Developing Economies. Journal of Travel Research, 56(6), pp.712-724.en
dc.identifier.issn0047-2875
dc.identifier.urihttp://hdl.handle.net/2086/17073
dc.descriptionThe file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.en
dc.description.abstractThe objective of this study is to empirically examine the effect of tourism on economic growth and CO2 emissions across the panels of developed and developing economies around the world. The study also investigates the Environmental Kuznets Curve (EKC) hypothesis between tourism revenue and CO2 emissions. To achieve these objectives, study employs robust panel econometric techniques on balanced panel data sets of developed and developing economies. The cointegration test results confirm the long-run equilibrium relationship among the variables. Similarly, the long-run elasticities indicate that tourism has a significant positive impact on economic growth and CO2 emissions of both developed and developing economies. The results also imply the presence of EKC hypothesis between tourism and CO2 emissions. More specifically, our results indicate that after a threshold point the contribution of tourism to the CO2 emissions is negligible, and the reduction is much greater in developed economies than those of developing economies. Overall, our findings reveal that tourism plays a significant role in stimulating economic development and prosperity; though it increases CO2 emissions. However, the effect of tourism on the CO2 emissions can be minimized by adopting more sustainable tourism policies and efficient management across developed and developing economies.en
dc.language.isoenen
dc.publisherSageen
dc.subjectTourismen
dc.subjectCO2 emissionsen
dc.subjecteconomic growthen
dc.subjectdeveloped and developing economiesen
dc.titleThe Effects of Tourism on Economic Growth and CO2 Emissions: A Comparison between Developed and Developing Economiesen
dc.typeArticleen
dc.identifier.doihttps://doi.org/10.1177/0047287516667848
dc.peerreviewedYesen
dc.funderN/Aen
dc.projectidN/Aen
dc.cclicenceCC-BY-NCen
dc.date.acceptance2016-08-02en
dc.researchinstituteInstitute for Applied Economics and Social Value (IAESV)en
dc.exception.ref2021codes252cen


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