Environmental quality and energy import dynamics

2019 ◽  
Vol 31 (3) ◽  
pp. 665-682 ◽  
Author(s):  
Andrew Adewale Alola ◽  
Kayode Kolawole Eluwole ◽  
Uju Violet Alola ◽  
Taiwo Temitope Lasisi ◽  
Turgay Avci
Keyword(s):  
Environmental Quality ◽  
Geographical Location ◽  
Tourism Development ◽  
International Tourism ◽  
Causality Test ◽  
Content Type ◽  
Mediterranean Countries ◽  
International Tourist ◽  
Global Tourism ◽  
Policy Direction

Purpose The geographical location and the ambiance of the Coastline Mediterranean Countries (CMCs) advantageously present the region as a tourist destination with rich cultures. The paper aims to discuss this issue. Design/methodology/approach As such, this study investigates the dynamics of energy import and environmental quality in relation to international tourism development for nine CMCs over the period 1995–2013 using a pooled mean group approach. Findings Although the impacts of energy import, CO2 (here as environmental quality) and GDP on international tourism receipts are observed to be significant and negative, international tourist arrival expectedly exerts positive and significant impact, all at the adjustment speed of 0.19. A heterogeneously robust Granger non-causality test further reveals a strong one-directional causal relationship from energy import to tourism receipts. Research limitations/implications The dynamics of the energy market amidst persistent evolution of new source(s) of energy would evidently play a significant role in the region’s tourism sector. It then suggests policy direction to governments of the region and by extension the global tourism market. Originality/value By providing insight into the nexus of environment, energy and tourism development, the current study is the first that addresses the concern in the context of the CMCs.

Do Country Risks Matter for Tourism Development? International Evidence

2020 ◽  
pp. 004728752095453 ◽  
Author(s):  
Chien-Chiang Lee ◽  
Mei-Ping Chen
Keyword(s):  
Financial Stability ◽  
Tourism Development ◽  
Country Risk ◽  
Global Perspective ◽  
International Tourism ◽  
Method Of Moment ◽  
Policy Makers ◽  
International Evidence ◽  
International Tourist ◽  
Sector Returns

This research fills the gap in the tourism literature on the impacts of country stability—including political, financial, and economic—on tourism development (i.e., international tourist arrivals, international tourism revenues, and travel and leisure sector returns). To account for possible asymmetric and nonlinear relationships among variables, we apply a new method of moment quantile regression, by using panel data from 106 countries spanning the period 2006–2017. From a global perspective, the empirical results indicate that higher country stability generally leads to higher tourism development, while there is no salient influence of financial stability on travel and leisure sector returns. This suggests that the effects of country risk ratings are mostly nonlinear across different tourism development quantiles. Additionally, different components of risk rating scores have diverse impacts on tourism development. The findings mean that policy makers should consider their tourism condition when setting country stability strategies.

Analysis of international tourism data for 1995–2017

2020 ◽  
Author(s):  
Dan Luo
Keyword(s):  
Dynamic Balance ◽  
Structural Break ◽  
Tourism Development ◽  
Data Bank ◽  
High Income ◽  
International Tourism ◽  
Causality Test ◽  
Middle Income ◽  
Economic Partnership ◽  
Cultural Similarity

Tourism is closely connected with a country’s economy. Tourism development differs among countries and changes with time. We identified the characteristics of international tourism over a 23-year period using nine tourism-related indicators from the World Data Bank. We found that tourism is well developed in high-income countries. Tourists from high-income countries tend to travel to other high-income countries. We inferred the direction of tourism flow by Granger-causality test using the data of number of arrivals and departures between countries. We found that cultural similarity, travel distance, differences in customs, and economic partnership were the main factors influencing destination choice. Globalization and diversification have developed in parallel with world tourism. The diversification mainly means some countries are unique in tourism development. Using the Gini coefficient and hidden Markov model, we found that tourism development shows a dynamic balance. Recent structural break dates occurred in 2001, 2005, 2010, and 2015. In terms of tourism receipts, more lower-middle-income countries are benefiting from tourism. Totally, we present the results of a comprehensive analysis of international tourism with different countries over time.

How do globalization indicators de jure–de facto and total factor productivity affect tourism development in European countries?

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Panayiotis Tzeremes
Keyword(s):  
Total Factor Productivity ◽  
Generalized Method Of Moments ◽  
Tourism Development ◽  
European Countries ◽  
Productivity Index ◽  
Factor Productivity ◽  
Causality Test ◽  
Content Type ◽  
Vector Autoregressive ◽  
First Time

PurposeThis research analyzes, for the first time, the linkage among the gathered dataset of globalization indicators, the total factor productivity index and tourism development in a panel of 25 European countries during the 1995–2016 period.Design/methodology/approachThe Generalized Method of Moments estimator for panel Vector Autoregressive Regression model is implemented and as a robustness test, the panel Granger causality test is used.FindingsThe findings have divulged that globalization and total factor productivity increase tourism development. An increase in the economic globalization de factor indicator will cause an increase in tourism development in European countries. Moreover, an increase in the social globalization de jure indicator will lead to a higher level of tourism development in European countries.Practical implicationsPolicy-makers should use the complementary association between globalization and international tourism to promote productivity in European countries. These countries can also utilize the tourism sector as a tool to enhance the connectivity of their economies and societies with other parts of the world.Originality/valueWe use for the first time the globalization index as proposed by Gygli et al. (2019) in the tourism discipline. We evaluate the total factor productivity index instead of the economic growth applied by the majority of the researchers and we employ for the first time in the tourism field the GMM–PVAR framework.

Testing the Tourism-Led Growth hypothesis: The case of Malta

2009 ◽  
Vol 59 (3) ◽  
pp. 331-343 ◽  
Author(s):  
S. Katircioglu
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Relevant Literature ◽  
International Tourism ◽  
Test Results ◽  
Causality Test ◽  
Mediterranean Countries ◽  
Long Run ◽  
Equilibrium Relationship ◽  
Causality Tests

Tourism-Led Growth (TLG) hypothesis results are inconclusive for Mediterranean countries in the relevant literature. This study contributes to the literature by employing the bounds test for co-integration and Granger causality tests to investigate level relationship and the direction of causality between international tourism and economic growth in the case of Malta. Results reveal that a long-run equilibrium relationship exists between international tourism and economic growth in the case of Malta. On the other hand, Granger causality test results suggest that both the Tourism-Led Growth and output-driven tourism hypotheses can be inferred for Malta since there is bidirectional causation between international tourism and economic growth.

scholarly journals STATISTICAL ANALYSIS OF CURRENT TRENDS IN THE TOURISM DEVELOPMENT OF THE VISEGRAD GROUP

2021 ◽  
Author(s):  
Tatyana Derkach ◽  
Olha Mylashko
Keyword(s):  
Comparative Analysis ◽  
Regression Model ◽  
Impact Analysis ◽  
Tourism Development ◽  
International Tourism ◽  
The European Union ◽  
International Tourist ◽  
The World ◽  
The Impact ◽  
Visegrad Group

The paper presents the research results of tourism state and patterns development in the Visegrad Group. The regional grouping of Central and Eastern Europe, the Visegrad Group, has become a separate subsystem of the European Union, which has received economic, logistical, cultural and political content. These processes are important for Ukraine. The experience of the Visegrad Group, the ability to quickly solve current issues and face the challenges, understanding the real hierarchy of priorities while preserving the national identity of the Visegrad Group (VG) are significant for Ukraine. Tourism is an area that can positively influence both the development of the integrated structure as a whole and the socio-economic development of its member countries. The article carries out a comparative analysis of tourism development trends in the Visegrad Group countries, Europe and the world, as well as develops recommendations for assessing the cooperation prospects between Ukraine and the VG using econometric methods. To achieve the goal of the study, a comparative analysis of global, European and Visegrad trends in tourism was developed, arrivals of international tourists on the amount of income from international tourism by conducting a correlation-regression analysis, substantiated and developed applied aspects for forecasting the potential mutual benefit from cooperation between Ukraine and the VG. According to the World Trade Organization, the forecast of the number of international tourists in the world for 2020-2021 was made. Based on the impact assessment of the number of international tourist arrivals on the amount of income from international tourism, a linear regression model was built, the adequacy and reliability of the regression coefficient was confirmed by Fisher's and Student's estimates. During the analysis (from a priori analysis, proving the quantitative and qualitative homogeneity of the two sets, to the construction, evaluation and analysis of the obtained model) a regression model was built, which can be recommended to be used in the impact analysis of tourist arrivals on international tourism. A comparative analysis of the dynamics of international tourist arrivals and revenues from international tourism in Poland and Ukraine was done. As a result of Poland's experience research, a model of revenues from international tourism is recommended, the factors of which are gross investment (% of GDP) and the number of tourist arrivals.

Testing tourism-led growth hypothesis in Laos?

2018 ◽  
Vol 73 (2) ◽  
pp. 242-251 ◽  
Author(s):  
Phouphet Kyophilavong ◽  
John Luke Gallup ◽  
Teerawat Charoenrat ◽  
Kenji Nozaki
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Tourism Development ◽  
Causality Test ◽  
Content Type ◽  
Distributed Lag ◽  
Long Run ◽  
Causality Tests ◽  
Econometric Approach ◽  
Growth Hypothesis

Purpose The purpose of this paper is to investigate the tourism-led growth hypothesis in Laos. Design/methodology/approach The authors test the tourism-led growth hypothesis using autoregressive distributed lag (ARDL) cointegration estimation (Pesaran et al., 2001) and Granger causality tests. Findings The results of this paper show that when tourism is forcing variable, there is no long-run relationship between tourism development and economic growth. The Granger causality test demonstrates that there is a uni-directional causality running from economic growth in tourism. Social implications The empirical results and policy recommendation may be useful for other small developing countries. Originality/value This study is the first study to investigate the relationship between tourism development and growth in Laos, using a relatively new econometric approach – ARDL bound testing.

The tourism led growth hypothesis: the Lebanese case

2015 ◽  
Vol 70 (1) ◽  
pp. 43-55 ◽  
Author(s):  
Charbel Bassil ◽  
Mohamad Hamadeh ◽  
Nisrine Samara
Keyword(s):  
Economic Growth ◽  
Structural Breaks ◽  
Tourism Development ◽  
Tourism Industry ◽  
Development Economic ◽  
Impulse Response Functions ◽  
Causality Test ◽  
Content Type ◽  
Positive Shock ◽  
Growth Hypothesis

Purpose – The purpose of this paper is to study the direction of the causality between tourism development and economic growth in Lebanon between 1995 and 2013, after taking into consideration terrorist incidents and their intensities. These are considered as exogenous shocks that affect tourism development and economic growth instantaneously and with a lag. Design/methodology/approach – To reach the objectives, the authors estimate a vector auto regressive model with exogenous variables, applying a series of unit root tests with and without structural breaks and the Granger causality test. Findings – The findings suggest a positive unidirectional causality running from tourism development to economic growth in the short run. Thus, the authors find evidence for the tourism-led growth hypothesis (TLGH) in Lebanon despite the exposure of the country to frequent terrorist incidents. The impulse response functions reveal that tourism development (economic growth) responds positively to a positive shock to economic growth (tourism development). Practical implications – The findings call for Lebanese policy makers aiming at promoting growth to design policies that encourage tourism, such as implementing tourism marketing policies and building the needed tourism infrastructure. Such policies will have positive but transitory effects on economic growth. The findings may also be useful for regional representatives of intergovernmental organizations and the offices of statistics of United Nations World Tourism Organization and the World Bank to better understand the tourism industry in Lebanon and similar countries suffering from instabilities. Originality/value – This paper contributes to the existing literature in three points: despite the importance of the tourism industry to the Lebanese economy, this topic did not receive careful attention in the literature; it takes into consideration the presence of structural breaks and possible nonlinearities in the number of tourist arrivals; and it investigates the TLGH after accounting for instability in the country.

scholarly journals The impact of air quality on tourism: a systematic literature review

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Celeste Eusébio ◽  
Maria João Carneiro ◽  
Mara Madaleno ◽  
Margarita Robaina ◽  
Vítor Rodrigues ◽  
...  
Keyword(s):  
Air Quality ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Tourism Development ◽  
Tourism Demand ◽  
Research Gaps ◽  
Content Type ◽  
Global Tourism ◽  
New Research ◽  
The Impact

Purpose Tourism may have important positive and negative economic, socio-cultural and environmental impacts. However, cultural and natural resources are also the base to the development of competitive destinations and changes in these resources can have an important impact on tourism development. Despite the considerable literature regarding the impacts of tourism, a limited number of studies examine the impact of the environment on tourism, specifically the impact of air quality (AQ). Therefore, this paper aims to review what is known about the impact of AQ on tourism demand, analysing the different methods and approaches used, as well as the results obtained. Design/methodology/approach A systematic literature review method was used to examine the state of the art in this topic and identify research gaps and new research directions. Only 26 papers were identified that examine the impact of AQ on tourism demand. Findings The majority of the studies were carried out in China and investigate the impact of AQ on tourism from the perspective of tourism demand. Both global (tourism demand) and individual (tourist perceptions) approaches have been used to investigate the impact of AQ on tourism. Originality/value This is the first systematic literature review on the impact of outdoor AQ on tourism demand. Moreover, this paper analyses the methods and approaches that have been used in the literature to examine the impact of outdoor AQ on tourism demand. The paper ends with a discussion on the identified research gaps concerning the influence of AQ on tourism development.

Exploring the effects of economic growth, population density and international trade on energy consumption and environmental quality in India

2020 ◽  
Vol 14 (6) ◽  
pp. 1177-1203 ◽  
Author(s):  
Mohammad Mafizur Rahman
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Energy Consumption ◽  
Population Density ◽  
Environmental Quality ◽  
Annual Data ◽  
Causality Test ◽  
Content Type ◽  
Explanatory Variables ◽  
Positive Effects

Purpose This paper aims to investigate the effects of economic growth, population density and international trade on energy consumption and environmental quality in India. Design/methodology/approach Taking annual data of 1971-2011, autoregressive distributed lag bounds testing technique is applied to explore the long run link between the series. The Granger causality test is used to determine the direction of causality between the variables. Findings The obtained results confirm the cointegration of variables, and economic growth and population density are found to have significant positive effects on energy consumption in both the short and long runs. CO2 emissions are also positively and significantly affected by population density and energy consumption, and negatively affected by economic growth. Originality/value The paper is original and valuable in the sense that it has considered two relevant additional explanatory variables, namely, population density and trade openness, which got little attention in the past. This research is an improvement over the previous studies because it has looked at the separate effects of explanatory variables on energy consumption, in addition to the effects on carbon emissions. Therefore, the findings of this research are more reliable because this adopted methodology is better and extensive, and the authors have properly addressed the issue of omitted variable bias.

International Tourism Dynamics in a Globalized World: A Social Network Analysis Approach

2019 ◽  
Vol 59 (3) ◽  
pp. 387-403 ◽  
Author(s):  
Min Gon Chung ◽  
Anna Herzberger ◽  
Kenneth A. Frank ◽  
Jianguo Liu
Keyword(s):  
Social Network ◽  
Network Models ◽  
International Tourism ◽  
Factors Affecting ◽  
International Tourist ◽  
Tourist Flows ◽  
Strategic Factors ◽  
Global Tourism ◽  
Globalized World ◽  
Over Time

A complex network of tourism has emerged in the globalized world, but there is little research on the dynamics of global tourism networks and the underlying forces that affect those dynamics. Using international tourism data for 124 countries between 2000 and 2013, we integrated cluster analyses and social network models to identify the structures of global tourism networks and uncover factors affecting changes in international tourist flows. Results indicate that global tourism networks have become highly consolidated over time and that reduced transaction costs (e.g., language, distance, and visa policies) are more important in attracting international tourists than natural and cultural attractions. Furthermore, cost of living differences between countries decreased in importance over time. Finally, international tourist flows are resilient to political instability and terrorism risks. Our approach and findings highlight the key strategic factors for decision-making to implement proactive tourism policies.

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