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

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 evalua...

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Bibliographic Details
Published in:Current issues in tourism 2019-07, Vol.22 (12), p.1480-1498
Main Authors: Akadiri, Seyi Saint, Akadiri, Ada Chigozie, Alola, Uju Violet
Format: Article
Language:English
Subjects:
Arrivals
Carbon
Carbon dioxide
Carbon dioxide emissions
carbon emissions
Economic development
Economic growth
Economic models
Emissions
Energy consumption
Environmental Kuznets curve
Hypotheses
international tourism
small island states
Time series
Tourism
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Summary: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.
ISSN:1368-3500
1747-7603
DOI:10.1080/13683500.2017.1381947