scholarly journals Estimating the Nexus of Tourism on Sustainable Development Goals in Nigeria

2021 ◽  
Vol 20 ◽  
pp. 751-771
Author(s):  
Ngozi Helen Oguchi ◽  
Fen Luo
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Tourism Industry ◽  
Distributed Lag ◽  
Long Run ◽  
Time Series Dataset ◽  
Causality Tests ◽  
Short Run ◽  
Development Goals

Tourism industry has become one of the principal sources of economic growth and a viable platform of employment both in Africa and globally. Considering that economic growth and job creation are the focal points of sustainable development goals (SDGs), this study is focused on investigating the relationship they have with tourism in Nigeria. A gross domestic product (GDP) time series dataset is utilized to represent economic growth variable while, statistical data obtained from the WTTC is employed to denote Tourism revenues and arrivals in Nigeria. The study employed Autoregressive Distributed Lag (ARDL) bounds test of cointegration, the Error Correction model and Granger causality tests to empirically examine the impacts tourism has on economic growth and employment in the LACKET states of Nigeria for the period between 1999 to 2019. Generally, the investigations indicate that both in the short - and long - run, tourism is positively related to economic growth and employment rate in Nigeria. However, regarding short -run relationship, a lower positive link of tourism revenue is recorded.

Electricity Consumption–Economic Growth Nexus: Evidence from ARDL Bound Testing Approach in the Tunisian Context

2020 ◽  
pp. 097215092092543 ◽  
Author(s):  
Zouheir Mighri ◽  
Hanen Ragoubi
Keyword(s):  
Economic Growth ◽  
Electricity Consumption ◽  
Bounds Testing ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Long Run ◽  
Causality Tests ◽  
Short Run ◽  
Testing Approach ◽  
Causal Nexus

This article investigates the causal nexus between electricity consumption and economic growth in Tunisia for the period 1971–2013 by using autoregressive distributed lag (ARDL) bounds testing approach of cointegration and Granger causality tests. The empirical findings indicate the existence of a long-term relationship between electricity consumption and economic growth. Besides, they support the conservation hypothesis in the long run, while they confirm the growth hypothesis in the short run.

scholarly journals PESANTREN AS HALAL TOURISM CO-BRANDING: HALAL INDUSTRY FOR SUSTAINABLE DEVELOPMENT GOALS

2019 ◽  
Vol 4 (1) ◽  
pp. 11 ◽  
Author(s):  
GALUH WIDITYA QOMARO
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Public Awareness ◽  
Tourism Industry ◽  
Educational Process ◽  
Decent Work ◽  
The Sustainable Development ◽  
Development Goals ◽  
Travel Services

One of the sustainable development goals is to promote inclusive and sustainable economic growth, full and productive employment and decent work for all. Tourism industry has recently become one of the important aspects in the Indonesia's economic growth. Halal tourism is considered a plus value for the tourism industry in Indonesia. Pesantren, as one of the stakeholder institutions in Pentahelix system of halal tourism industry, plays an important role in many things, among others: identifying halal tourism destination, raising public-awareness in processing food, choosing travel services and concepts, determining the payment method of travel services. Pesantren is involved in the educational process about Islamic business ethics, formal or non-formal training for halal tourism industry practitioners, and also the syar'i daily life concept for the residents of halal tourism area. This study aims to identify the importance of Pesantren's role, socially and psychologically, as one of the main pillars of halal tourism development in Indonesia. The result of this qualitative research shows that Pesantren ought to participate holistically and comprehensively in the agenda of Indonesia's halal industry so that with maximal management makes a big contribution to achieve the internationalization program of Indonesian halal tourism and to succeed SDG’s agenda in supporting sustainable tourism and creates employment while supporting local cultures and products in 2030.

Does Tourism Affect Sustainable Development in MINT Countries?

2022 ◽  
pp. 097491012110643
Author(s):  
Tolulope Osinubi ◽  
Ajayi Adedoyin ◽  
Osinubi Olufemi ◽  
Folorunsho Ajide
Keyword(s):  
Sustainable Development ◽  
Millennium Development Goals ◽  
Sustainable Development Goals ◽  
Tourism Industry ◽  
Developmental Issues ◽  
Sustainable Tourism Development ◽  
Long Run ◽  
The World ◽  
Common Correlated Effects ◽  
Development Goals

Following the failure to achieve Millennium Development Goals by most countries in the world, Sustainable Development Goals are now at the center of developmental issues. Consequently, this study aims to examine if tourism can be an ally to sustainable development in MINT (Mexico, Indonesia, Nigeria, Turkey) countries between 1995 and 2018. The study uses adjusted net saving and international tourism receipts in these countries as measures of sustainable development and tourism, respectively. In achieving its objectives, the study employs the augmented mean group (AMG) estimation technique to estimate the long-run parameters. Besides, mean group (MG) and common correlated effects MG techniques are employed to check the robustness of the estimates obtained via the AMG approach. The results from the three estimators show that tourism is indeed an ally to sustainable development in MINT countries since there is a significant positive relationship between tourism and sustainable development. In other words, tourism can put the MINT countries on the path to sustainable development. This implies that any policy that will enhance the performance of the tourism industry will ensure sustainable development in MINT countries. Thus, the governments of MINT countries should focus basically on achieving sustainable tourism development, as this will translate to sustainable development in their countries.

scholarly journals THE CONTRIBUTION OF AGRICULTURAL PRODUCTION ON SELECTED SUSTAINABLE DEVELOPMENT GOALS IN THE BRICS: A PANEL ANALYSIS

2020 ◽  
Vol 8 (3) ◽  
pp. 154-167
Author(s):  
Rufaro Garidzirai ◽  
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Income Inequality ◽  
Agricultural Production ◽  
Sustainable Development Goals ◽  
Agricultural Sector ◽  
Brics Countries ◽  
Pooled Mean Group ◽  
Long Run ◽  
Development Goals

Does agriculture contribute to Sustainable Development Goals in the BRICS countries? This question remains one of the unanswered questions in the academic arena. Thus, an examination of this question is crucial. Accordingly, the objectives of the study are twofold. The first objective was to examine the contribution of agriculture on economic growth in the BRICS bloc. The second objective was to investigate the contribution of agriculture on income inequality. The study employed Pooled Mean Group over a period 1995-2018 and found that agriculture production contributes to economic growth and reduces income inequality in the BRICS countries. All the variables met the expected priori and the study confirmed that all the disequilibrium in the shortrun could be corrected in the long-run. Therefore, the BRICS government should strengthen the agricultural sector since it is one of its strongholds sector.

scholarly journals Conceptualizing Pathways of Sustainable Development in the Union for the Mediterranean Countries with an Empirical Intersection of Energy Consumption and Economic Growth

2020 ◽  
Vol 17 (15) ◽  
pp. 5614
Author(s):  
Rashid Latief ◽  
Yusheng Kong ◽  
Yuanyuan Peng ◽  
Sohail Ahmad Javeed
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Energy Consumption ◽  
Method Of Moment ◽  
Mediterranean Countries ◽  
Long Run ◽  
Causality Tests ◽  
Short Run ◽  
The Mediterranean ◽  
Union For The Mediterranean

The availability of sufficient and trustworthy energy services at the reasonable cost in a securely and environmentally friendly manner, and conventionality with economic and social development requirements, is an important factor of sustainable development (SD). Energy plays a significant role in eliminating poverty and increasing living standards. However, most of the present energy forms of energy supply and consumption are unsustainable. This paper analyzes the association between economic growth (EG), energy consumption (EC), and sustainable development (SD) among other economic factors. The sample of 14 developed and developing member states of the Union for the Mediterranean (UFM) was selected. To deal with the endogeneity issue, the system- generalized method of moment (GMM) model was employed. Moreover, panel co-integration, Granger causality tests, and robustness tests were employed to examine the long-run and short-run causality among variables of interest. The results confirmed the short-run dynamic association from sustainable development (SD) to energy consumption (EC), and economic growth (EG) to sustainable development (SD). Moreover, the results validated the presence of long-run equilibrium association in the equations of EC and sustainable development (SD). The findings of this study will be supportive for the policymakers to formulate sustainable energy policies to stimulate the economic growth (EG) in the way of sustainable development (SD) in the UFM countries.

scholarly journals Sustainable Development Goals Localisation in the Hospitality Sector in Botswana and Zimbabwe

2021 ◽  
Vol 13 (15) ◽  
pp. 8457
Author(s):  
Kaitano Dube
Keyword(s):  
Sustainable Development ◽  
Continuous Monitoring ◽  
Sustainable Development Goals ◽  
Hotel Industry ◽  
Secondary Data ◽  
Preliminary Evidence ◽  
Tourism Industry ◽  
Annual Reports ◽  
Development Goals ◽  
Hospitality Sector

Many countries have fronted tourism as a tool for achieving Sustainable Development Goals (SDGs) in their voluntary national reviews. Nevertheless, very few studies have examined how the tourism industry has been localising SDGs. Therefore, this study is borne out of that knowledge gap. A qualitative approach comprising the use of primary and secondary data from integrated annual reports was adopted. The study found some progress made by hotel companies in localising SDGs. It emerged that Cresta Hotels and the African Sun group of hotels are only at the inception stage of SDG localisation, focusing on several SDGs that respond to the socio-economic and environmental demands of the environments they work in. Given that most of the work under the SDGs only began inception between 2018 and 2019, there is still a long way to go before meaningful progress can be reported regarding SDG localization, with preliminary evidence showing that the hotel industry is likely to have made significant inroads when the SDGs lapse in 2030 if their efforts are not disturbed by the COVID-19 pandemic. The study recommends continuous monitoring and support for the sector as the SDG framework offers a better and more focused sector to achieve sustainable and responsible tourism in Zimbabwe and Botswana.

Fish Exports and Economic Growth: The Pakistan’s Experience

2019 ◽  
Vol 20 (2) ◽  
pp. 279-296 ◽  
Author(s):  
Syed Tehseen Jawaid ◽  
Mohammad Haris Siddiqui ◽  
Zeeshan Atiq ◽  
Usman Azhar
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Positive Impact ◽  
Impulse Response Function ◽  
Policy Implications ◽  
Sensitivity Analyses ◽  
Series Data ◽  
Distributed Lag ◽  
Long Run ◽  
Short Run

This study attempts to explore first time ever the relationship between fish exports and economic growth of Pakistan by employing annual time series data for the period 1974–2013. Autoregressive distributed lag and Johansen and Juselius cointegration results confirm the existence of a positive long-run relationship among the variables. Further, the error correction model reveals that no immediate or short-run relationship exists between fish exports and economic growth. Different sensitivity analyses indicate that initial results are robust. Rolling window analysis has been applied to identify the yearly behaviour of fish exports, and it remains negative from 1979 to 1982, 1984 to 1988, 1993 to 1999, 2004 and from 2010 to 2013, and it shows positive impact from 1989 to 1992, 2000 to 2003 and from 2005 to 2009. Furthermore, the variance decomposition method and impulse response function suggest the bidirectional causal relationship between fish exports and economic growth. The findings are beneficial for policymakers in the area of export planning. This study also provides some policy implications in the final section.

scholarly journals Higher Education and Sustainable Development Goals (SDG)—Potential Contribution of the Undergraduate Courses of the School of Social Sciences of the University of Évora

2021 ◽  
Vol 13 (4) ◽  
pp. 1828
Author(s):  
Elisa Chaleta ◽  
Margarida Saraiva ◽  
Fátima Leal ◽  
Isabel Fialho ◽  
António Borralho
Keyword(s):  
Social Sciences ◽  
Economic Growth ◽  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Quality Education ◽  
The Other ◽  
Potential Contribution ◽  
Decent Work ◽  
Development Goals ◽  
The University

In this work we analyzed the mapping of Sustainable Development Goals in the curricular units of the undergraduate courses of the School of Social Sciences at the University of Évora. Of a total of 449 curricular units, only 374 had students enrolled in 2020/2021. The data presented refer to the 187 course units that had Sustainable Development Goals in addition to SDG4 (Quality Education) assigned to all the course units. Considering the set of curricular units, the results showed that the most mentioned objectives were those related to Gender Equality (SDG 5), Reduced Inequalities (SDG 10), Decent Work and Economic Growth (SDG 8) and Peace, Justice and Strong Institutions (SDG 16). Regarding the differences between the departments, which are also distinct scientific areas, we have observed that the Departments of Economics and Management had more objectives related to labor and economic growth, while the other departments mentioned more objectives related to inequalities, gender or other.

The relationship between financial development and economic growth in Eswatini (formerly Swaziland)

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Siphe-okuhle Fakudze ◽  
Asrat Tsegaye ◽  
Kin Sibanda
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Financial Development ◽  
Granger Causality Test ◽  
Causality Test ◽  
Content Type ◽  
Distributed Lag ◽  
Long Run ◽  
Short Run ◽  
The Relationship

PurposeThe paper examined the relationship between financial development and economic growth for the period 1996 to 2018 in Eswatini.Design/methodology/approachThe Autoregressive Distributed Lag bounds test (ARDL) was employed to determine the long-run and short-run dynamics of the link between the variables of interest. The Granger causality test was also performed to establish the direction of causality between financial development and economic growth.FindingsThe ARDL results revealed that there is a long-run relationship between financial development and economic growth. The Granger causality test revealed bidirectional causality between money supply and economic growth, and unidirectional causality running from economic growth to financial development. The results highlight that economic growth exerts a positive and significant influence on financial development, validating the demand following hypothesis in Eswatini.Practical implicationsPolicymakers should formulate policies that aims to engineer more economic growth. The policies should strike a balance between deploying funds necessary to stimulate investment and enhancing productivity in order to enliven economic growth in Eswatini.Originality/valueThe study investigates the finance-growth linkage using time series analysis. It determines the long-run and short-run dynamics of this relationship and examines the Granger causality outcomes.

scholarly journals Industry 4.0 and Sustainability Implications: A Scenario-Based Analysis of the Impacts and Challenges

2018 ◽  
Vol 10 (10) ◽  
pp. 3740 ◽  
Author(s):  
Silvia Bonilla ◽  
Helton Silva ◽  
Marcia Terra da Silva ◽  
Rodrigo Franco Gonçalves ◽  
José Sacomano
Keyword(s):  
Sustainable Development ◽  
Industry 4.0 ◽  
Sustainable Development Goals ◽  
Big Data Analytics ◽  
Industrial Process ◽  
Raw Material ◽  
The Sustainable Development ◽  
Long Run ◽  
Development Goals ◽  
Negative Impacts

The new evolution of the production and industrial process called Industry 4.0, and its related technologies such as the Internet of Things, big data analytics, and cyber–physical systems, among others, still have an unknown potential impact on sustainability and the environment. In this paper, we conduct a literature-based analysis to discuss the sustainability impact and challenges of Industry 4.0 from four different scenarios: deployment, operation and technologies, integration and compliance with the sustainable development goals, and long-run scenarios. From these scenarios, our analysis resulted in positive or negative impacts related to the basic production inputs and outputs flows: raw material, energy and information consumption and product and waste disposal. As the main results, we identified both positive and negative expected impacts, with some predominance of positives that can be considered positive secondary effects derived from Industry 4.0 activities. However, only through integrating Industry 4.0 with the sustainable development goals in an eco-innovation platform, can it really ensure environmental performance. It is expected that this work can contribute to helping stakeholders, practitioners and governments to advance solutions to deal with the outcomes emerging through the massive adoption of those technologies, as well as supporting the expected positive impacts through policies and financial initiatives.

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