Dirty dance: tourism and environment
Serhan Cevik
International Review of Applied Economics, 2023, vol. 37, issue 1, 168-185
Abstract:
Tourism was one of the fastest-growing sectors of the global economy before the COVID-19 pandemic, accounting for around 10% of global GDP. This has created a number of challenges including environmental degradation, especially in small island countries where the carbon footprint of tourism constitute a substantial share of carbon dioxide (CO2) emissions. This study investigates the impact of tourism on CO2 emissions in a relatively homogenous panel of 15 Caribbean countries over the period 1960–2019. The results show that international tourist arrivals have a statistically and economically significant effect on CO2 emissions, after controlling for other economic, institutional and social factors. Managing tourism sustainably requires a comprehensive set of policies and reforms aimed at reducing its environmental impact, and curbing excessive dependency on fossil fuel-based energy consumption.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:irapec:v:37:y:2023:i:1:p:168-185
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DOI: 10.1080/02692171.2022.2117282
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