The Validation of the Tourism-Led Growth Hypothesis in the Next Leading Economies: Accounting for the Relevant Role of Education on Carbon Emissions Reduction?

Festus Bekun, Festus Fatai Adedoyin (), Daniel Balsalobre-Lorente () and Oana M. Driha ()
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Festus Fatai Adedoyin: Bournemouth University
Daniel Balsalobre-Lorente: University of Castilla-La Mancha
Oana M. Driha: University of Alicante

Chapter Chapter 14 in Strategies in Sustainable Tourism, Economic Growth and Clean Energy, 2021, pp 249-278 from Springer

Abstract: Abstract Over the last few decades, a significant volume of research has been documented on the tourism-led growth hypothesis (TLGH). However, the role of education over environmental degradation is yet to be given the desired attention. This study explores the impact of air transport over economic growth between 1994 and 2014 in China, India and the US, the three economies predicted to be the largest in forthcoming years. This way, TLGH is tested while also introducing the connection between education and pollutant emissions (CO2) for these economies. Thus, suggesting how development in air transport contributes positively to enhance economic growth in the long run. In contrast, ascending CO2 emissions are negatively connected to economic growth contributing to its reduction in selected countries. Further empirical results also confirm the positive effects of energy use and education on economic growth. Based on these results, education is seen to mitigate the pernicious effects of environmental degradation over economic growth's dampening effects.

Keywords: Tourism-led growth hypothesis; Education; Environmental degradation; CO2 emissions; GDP per capita; Air transport (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-59675-0_14

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DOI: 10.1007/978-3-030-59675-0_14

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