Tourism, renewable energy and CO2 emissions: evidence from Europe and Central Asia

Raufhon Salahodjaev, Kongratbay Sharipov (), Nizomiddin Rakhmanov () and Dilshod Khabirov ()
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Kongratbay Sharipov: Tashkent State University of Economics
Nizomiddin Rakhmanov: Tashkent State Technical University
Dilshod Khabirov: Tashkent State University of Law

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2022, vol. 24, issue 11, No 33, 13282-13293

Abstract: Abstract In this study, we explore the relationship between tourism, renewable energy and CO2 emissions in Europe and Central Asia countries over the period 1990–2015. Using two-step GMM estimator, we find that tourism has positive effect on CO2 emissions, while renewable energy reduces carbon emissions. For example, when renewable electricity production increases by 10 percentage points, CO2 per capita emissions decrease by 4.1%. Our results also suggest that GDP per capita has inverted U-shaped relationship with environmental degradation in ECA region, confirming existence of Environmental Kuznets curve (EKC) phenomena in this region.

Keywords: Tourism; Renewable energy; CO2 emissions; Europe; Central Asia (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s10668-021-01993-x

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