Is there growth impact of tourism? Evidence from selected small island states


Akadiri S. S., Akadiri A. C., VİOLET UJU A.

Current Issues in Tourism, vol.22, no.12, pp.1480-1498, 2019 (SSCI, Scopus) identifier identifier

  • Publication Type: Article / Article
  • Volume: 22 Issue: 12
  • Publication Date: 2019
  • Doi Number: 10.1080/13683500.2017.1381947
  • Journal Name: Current Issues in Tourism
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus
  • Page Numbers: pp.1480-1498
  • Keywords: carbon emissions, economic growth, energy consumption, international tourism, small island states
  • Open Archive Collection: Article
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

This study investigates the growth impact of international tourist arrivals on carbon emissions in selected small island states via Environmental Kuznets Curve (EKC) hypothesis. The study employed a panel-based multivariate model for seven small islands between the periods of 1995 and 2013 to evaluate the long-run equilibrium relationships between international tourism and carbon emissions through the channels of energy consumption and economic growth. Findings from the panel cointegration results show the existence of a long-run equilibrium relationship between the variables of interest. International tourist arrivals have a negatively significant impact on carbon dioxide emissions in the long run. Thus, we infer that the law of diminishing marginal returns with regard to tourism-induced EKC hypothesis holds in the case of small island states.