Is there growth impact of tourism? Evidence from selected small island states

Seyi Akadiri, Ada Chigozie Akadiri and Uju Violet Alola

Current Issues in Tourism, 2019, vol. 22, issue 12, 1480-1498

Abstract: This study investigates the growth impact of international tourist arrivals on carbon emissions in selected small island states via Environmental Kuznets Curve (EKC) hypothesis. The study employed a panel-based multivariate model for seven small islands between the periods of 1995 and 2013 to evaluate the long-run equilibrium relationships between international tourism and carbon emissions through the channels of energy consumption and economic growth. Findings from the panel cointegration results show the existence of a long-run equilibrium relationship between the variables of interest. International tourist arrivals have a negatively significant impact on carbon dioxide emissions in the long run. Thus, we infer that the law of diminishing marginal returns with regard to tourism-induced EKC hypothesis holds in the case of small island states.

Date: 2019
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DOI: 10.1080/13683500.2017.1381947

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