The role of globalization, real income, tourism in environmental sustainability target. Evidence from Turkey.

The role of globalization, real income, tourism in environmental sustainability target. Evidence from Turkey.

Akadiri, Seyi Saint;Alola, Andrew Adewale;Akadiri, Ada Chigozie;
The Science of the total environment 2019 Vol. 687 pp. 423-432
165
akadiri2019thethe

Abstract

In this study, we examine the role of real income, globalization and tourism on environmental sustainability target by applying Autoregressive Distributed Lag (ARDL) bounds testing approach that controls for structural breaks and Vector Error Correction Model (VECM) Granger causality approach that produces robust, efficient and reliable short-run and long-run estimates in the case of Turkey over the periods 1970-2014. To achieve our research objective, we examine stationarity properties of the series via unit root test after which we applied Bayer-Hanck combined cointegration technique to evaluate the presence of a long-run cointegration relationship among the series. The empirical results show that a 1% increase in real income level and international tourists' arrivals led to 0.625% and 0.129% increase in metric ton per capita CO emissions in the short-run and 0.345% and 0.071% increase in metric tons per capita CO emissions in the long-run, while globalization has non-significant negative impacts on CO emissions. The causality analysis suggest that tourism Granger causes CO emissions both in the short- and long-run, while real income and globalization only Granger cause CO emissions in the long-run. Findings also show that a one standard deviation shock to CO emissions has a noticeable positive and persistent impact on tourism, globalization and economic growth in the long-run.

Citation

ID: 29563
Ref Key: akadiri2019thethe
Use this key to autocite in SciMatic or Thesis Manager

References

Blockchain Verification

Account:
NFT Contract Address:
0x95644003c57E6F55A65596E3D9Eac6813e3566dA
Article ID:
29563
Unique Identifier:
S0048-9697(19)32710-X
Network:
Scimatic Chain (ID: 481)
Loading...
Blockchain Readiness Checklist
Authors
Abstract
Journal Name
Year
Title
5/5
Creates 1,000,000 NFT tokens for this article
Token Features:
  • ERC-1155 Standard NFT
  • 1 Million Supply per Article
  • Transferable via MetaMask
  • Permanent Blockchain Record
Blockchain QR Code
Scan with Saymatik Web3.0 Wallet

Saymatik Web3.0 Wallet