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An evaluation of the tourism-induced environmental Kuznets curve (T-EKC) hypothesis: Evidence from G7 countries.

Ișik, C., Ahmad, M., Pata, U.K., Ongan, S., Radulescu, M., Adedoyin, F., Bayraktaroğlu, E., Aydın, S. and Ongan, A., 2020. An evaluation of the tourism-induced environmental Kuznets curve (T-EKC) hypothesis: Evidence from G7 countries. Sustainability, 12 (21), 9150.

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DOI: 10.3390/su12219150

Abstract

© 2020 by the authors. Licensee MDPI, Basel, Switzerland. This paper analyzes the legitimacy of the Environmental Kuznets Curve (EKC) hypothesis for a group of seven (G7) countries over the period 1995–2015. In addition to testing the EKC speculation, the authors also would like to understand the ways in which increases in renewable energy consumption and the international tourism receipt affect the CO2 emissions in G7 countries, because the energy and tourism sectors may have considerable direct impacts on CO2 emissions. In this investigation, a panel bootstrap cointegration test and an augmented mean group (AMG) estimator were applied. The empirical findings indicate that the tourism-induced EKC hypothesis is valid only for France. Additionally, it was detected that a rise in renewable energy consumption has a negative (reduction) impact on CO2 emissions in France, Italy, the UK, and the US. However, an increase in the receipt of international touristm has a positive (additional) impact on Italy’s CO2 emissions. Hence, this country’s decision-makers should re-review their tourism policy to adopt a renewable-inclusive one for sustainable tourism and the environment.

Item Type:Article
ISSN:2071-1050
Uncontrolled Keywords:EKC hypothesis; tourism; G7 countries; panel bootstrap cointegration test; AMG estimator
Group:Bournemouth University Business School
ID Code:34837
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:16 Nov 2020 14:37
Last Modified:16 Nov 2020 14:37

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