The role of tourism, trade, renewable energy use and carbon dioxide emissions on economic growth: evidence of tourism-led growth hypothesis in EU-28

Balsalobre‐Lorente, Daniel; Leitão, Nuno Carlos

doi:10.1007/s11356-020-10375-1

Cited by 120 publications

(37 citation statements)

References 75 publications

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“…The variables utilized are transformed into their natural logarithm. This was conducted to ensure that data is normally distributed (Kirikkaleli et al 2020 ; Balsalobre-Lorente and Leitão 2020 ). Table 1 shows the data source, measurement, and unit of measurement.…”

Section: Methodsmentioning

confidence: 99%

“…Following the studies of Balsalobre-Lorente and Leitão ( 2020 ), Odugbesan and Adebayo ( 2020a , b ), Magazzino et al ( 2020 ), Ayobamiji and Kalmaz ( 2020 ), Kirikkaleli and Adebayo ( 2020 ), and Zhang et al ( 2021 ), the present research incorporates GDP into the model. The interrelationship between environmental pollutions and economic growth is projected to be positive.…”

Section: Methodsmentioning

confidence: 99%

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Determinants of consumption-based carbon emissions in Chile: an application of non-linear ARDL

Adebayo

Udemba

Ahmed

et al. 2021

Environ Sci Pollut Res

136

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In recent years, a growing number of scholars have employed various proxies of environmental degradation to understand the reasons behind rising environmental degradation. However, very few studies have considered consumption-based carbon emissions, even though a clear understanding of the impact of consumption patterns is essential for redirecting the pattern to more sustainable consumption. Thus, this study takes a step forward by using consumption-based carbon emissions (CCO 2 ) as a proxy of environmental degradation using the novel non-linear ARDL technique for Chilefrom 1990 to 2018. To the best understanding of the investigators, no prior studies have investigated the drivers of consumption-based carbon emissions utilizing non-linear ARDL. The study employed ADF and KSS (non-linear) tests to check the data series’ stationary level. Additionally, the symmetric and asymmetric ARDL approaches are utilized to explore cointegration and long-run linkages. According to the results, there is no symmetric cointegration among the variables; however, the empirical estimates reveal a long-run asymmetric connection between the indicators and CCO 2 emissions. The novel results from the asymmetric ARDL indicate that negative and positive changes in economic growth deteriorate the quality of the environment. Interestingly, a reduction in economic growth makes a more dominant contribution to environmental degradation. Moreover, positive changes in renewable energy usage improve the quality of Chile’s environment, inferring that the country can achieve a reduction in environmental degradation by boosting renewable energy consumption. Surprisingly, the study found that technological innovation is ineffective in reducing consumption-based carbon emissions, which implies that Chile’s technological innovation is not directed towards manufacturing green technology. Finally, the policy implications are discussed with respect to reducing consumption-based carbon emissions.

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Section: Methodsmentioning

confidence: 99%

Section: Methodsmentioning

confidence: 99%

Determinants of consumption-based carbon emissions in Chile: an application of non-linear ARDL

Adebayo

Udemba

Ahmed

et al. 2021

Environ Sci Pollut Res

136

View full text Add to dashboard Cite

show abstract

“…The variables utilized are transformed into their natural logarithm. This was conducted to ensure that data is normally distributed Balsalobre-Lorente & Leitão, 2020). Table 1 exemplifies the data source, measurement, and unit of measurement.…”

Section: Descriptions Of Data and Theoretical Foundationmentioning

confidence: 99%

Determinants of Consumption-Based Carbon Emissions in Chile: Application of Non-Linear ARDL

Adebayo

Udemba

Ahmed

et al. 2021

Preprint

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In recent years, a growing number of scholars have employed various proxies of environmental degradation to understand the reasons behind rising environmental degradation. However, very few studies consider consumption-based carbon emissions even though a clear understanding of the impact of consumption patterns is essential to redirecting the pattern to more sustainable consumption. Thus, this study takes a step forward by using consumption-based carbon emissions (CCO2) as a proxy of environmental degradation using the novel non-linear ARDL. To the understanding of the investigators, no prior studies have investigated the drivers of consumption-based carbon emissions utilizing non-linear ARDL. The study employed ADF and KSS (non-linear) tests to check the stationary level of the data series. Additionally, the symmetric and asymmetric ARDL approaches are utilized to explore cointegration and long-run linkages. The results could not find symmetric cointegration among variables; however, the empirical estimates divulge the long-run asymmetric connection of indicators with the CCO2 emissions. The novel results from the asymmetric ARDL unfold that negative and positive changes in economic growth deteriorate the quality of the environment. Interestingly, a reduction in economic growth has a more dominant contribution to environmental degradation. Moreover, positive changes in renewable energy usage improve the quality of the environment in Chile inferring that Chile can achieve a reduction in environmental degradation by boosting renewable energy consumption. Surprisingly, the study found the ineffectiveness of technological innovation in reducing consumption-based carbon emissions which implies that technological innovation in Chile is not directed towards manufacturing green technology. Finally, the policy implications are discussed to reduce consumption-based carbon emissions.

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“…The finding suggests the need for renewable energy regulations to further promote energy innovation. Related studies (Bilgili et al, 20201;Zeraibi et al, 2021;Adedoyin et al, 2020;Balsalobre-Lorente and Leitão, 2020;Balsalobre-Lorente et al, 2019;) have investigated electricity energy and economic growth along other important variable like energy innovation, transport, ICT, financial development, environment and tourism. Despite these, we have not come across a recent study that examines electricity power, democratic governance and economic growth in Nigeria.…”

Section: Literature Reviewmentioning

confidence: 99%

Electricity Power, Democratic Governance and Economic Growth: Evidence from Nigeria

Maji¹,

Wazirib

2021

IJBME

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The study examines the impact of democratic governance and corruption on electricity power supply in Nigeria. To achieve this goal, an integrated regression analysis such as Dynamic Ordinary Least Squares (DOLS), Fully Modified OLS, Canonical Cointegrating Regression and OLS were utilized to estimate data spanning the period of 1986 – 2020. The result revealed a negative and significant impact of democracy and corruption on electricity power generation in Nigeria. On the other hand, economic growth has shown a positive and important impact on electricity generation, suggesting that higher GDP growth will increase the supply of electricity in Nigeria. The implication of this findings are as follows: (i) one of the dividends of democracy which is providing public good to the citizens have not been achieved, as such, policymakers need to give more attention to the provision electricity supply; (ii) the institutions in charge of fighting corruption such as the Economic and Financial Crime Commissions (EFCC) need to be further strengthened in Nigeria.

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The role of tourism, trade, renewable energy use and carbon dioxide emissions on economic growth: evidence of tourism-led growth hypothesis in EU-28

Cited by 120 publications

References 75 publications

Determinants of consumption-based carbon emissions in Chile: an application of non-linear ARDL

Determinants of consumption-based carbon emissions in Chile: an application of non-linear ARDL

Determinants of Consumption-Based Carbon Emissions in Chile: Application of Non-Linear ARDL

Electricity Power, Democratic Governance and Economic Growth: Evidence from Nigeria

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