The Nexus between External Debts and Military Expenditures for the Selected Transition Economies: A Panel Threshold Regression Approach

2020 ◽  
pp. 1-17 ◽  
Author(s):  
Olcay Çolak ◽  
M. Hilmi Özkaya
Keyword(s):  
Transition Economies ◽  
Threshold Regression ◽  
Regression Approach ◽  
Military Expenditures ◽  
Panel Threshold Regression

Tourism and environmental performance: New evidence using a threshold regression analysis

2021 ◽  
pp. 135481662110424
Author(s):  
Zhike Lv ◽  
Ting Xu
Keyword(s):  
Environmental Performance ◽  
Negative Impact ◽  
Tourism Development ◽  
Threshold Level ◽  
Optimal Level ◽  
Negative Influence ◽  
Threshold Regression ◽  
Regression Approach ◽  
New Evidence ◽  
Panel Threshold Regression

To verify whether the effect of tourism on environmental performance differs by the level of tourism development, a panel threshold regression approach is applied to observe the effects of tourism on environmental performance in 97 countries over the 2002–2012 periods. Our results suggest that tourism always has a significant negative influence on the environmental performance, implying that tourism will unavoidably result in environmental degradation, irrespective of how high the level of tourism development. However, when tourism development exceeds a certain value, tourism will relatively have less influence on environmental performance. In terms of policy prescriptions, considering that tourism wills inevitably worse environmental qualities, this finding implies that policymakers should consider the optimal level of tourism development at around the estimated threshold level to minimize the negative impact of tourism on environmental quality.

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