Unveiling the linkage between hydropower growth and tourism sustainability in EU27 region: An empirical analysis

Abstract

Hydropower comes with a lot of inestimable values. It is indubitably an eco-systemfriendly resource that causes no harm to the natural state of the environment. This creates a better alternative to the heat energy radiating the earth. It is a cost-efficient source of energy and it offers unique opportunities to have cost-efficient tourism sector management in the EU region centers. The primary objective of this research is to determine the effect of hydropower output on tourism sustainability in the European Union (EU 27) states from 1990 to 2021. The autoregressive distributed lag (ARDL) was adopted for this study. Findings from this study show that a significant increase in the tourism sector growth can occur in EU14 emerging economies using hydropower output and economic growth variables than in EU13 emerging economies. In addition, among other variables captured in this study, population density and good governance were seen to have a higher level of contribution to tourism sector growth in EU14 emerging economies than in EU13 emerging economies. It was also found that a significant increase in the tourism sector growth could be achieved in the EU13 emerging economies due to the high consumption of fossil fuels than in EU14 emerging economies. This finding implies that the EU27 could achieve sustainability in their tourism sector significantly through the substitution of fossil fuel output with hydropower. This will foster the attainment of Energy Union aims by 2030. It is also a good way to combat climate change and environmental pollution. Using the pooled mean group (PMG), mean group (MG), and dynamic fixed effect (DFE) methods, the projected calculations were seen to be valid. The study, therefore, recommended that EU27 countries should prioritize hydropower in their pursuit of renewable energy production as this will help them to achieve sustainability in their tourism sector and become secure in their energy need now and in the future time. The government, Politicians, and all other concerned stakeholders in the EU27 countries should strive towards replacing fossil fuels with hydropower. This will help to ensure sustainability in their tourism sector and there will be security in the energy sector of these EU27 Countries.

Nature of property rights and motivation for blue growth: An empirical evidence from the fisheries industry

“…This result conflicts with the modernization hypothesis put forward by Alsaleh et al (2022), Wang and Wang (2022), Albasri and Sammut (2022), and Ramos and Drakeford ( 2021), yet it is in line with the theory. The FMOLS, FEOLS, and DOLS specifications provide strong statistically significant evidence for the growth hypothesis.…”

“…Second, because all property rights (including intellectual property rights and intellectual capital rights) inside the cluster are connected, it is essential to identify and display the kind and degree of networks between them. The following model was developed in part as a result of recent investigations by Alsaleh et al (2022Alsaleh et al ( , 2023 , Alsaleh and Abdul-Rahim (2021, 2022c), Anwar et al (2021), Ehigiamusoe et al (2020), Dogan and Seker (2016), and Apergis and Payne (2010). Studies on the determinants of the fisheries industry are typically divided into two dimensions, namely fish consumption and fish production. The common determinants of fisheries supply are oil price, carbon dioxide emissions, coal price, and gas price, (while the demand side is usually determined by energy use, oil price, carbon dioxide emissions, coal price, and gas price (Alsaleh et al, 2023)).…”

Attaining multiple sustainable development goals through storage hydropower development amidst community vulnerabilities

“…These are directed towards attainment of SDG8 (decent work and economic growth) and ultimately SDG1 (no poverty) in the long run. A recent study has shown a direct relationship between tourism sustainability and hydropower growth in Europe with prospects of economic development (Alsaleh et al, 2022). Furthermore, Nepal lies in the young and fragile Himalayas which is prone to frequent water induced natural disasters such as floods and landslides (Bhattarai, Bhattarai, et al, 2022; Devkota et al, 2020).…”

“…Furthermore, clean energy/electricity produced through hydro- and hydropower growth in Europe with prospects of economic development (Alsaleh et al, 2022). Furthermore, Nepal lies in the young and fragile Himalayas which is prone to frequent water induced natural disasters such as floods and landslides Devkota et al, 2020).…”

Rethinking the governance of geothermal power industry: The roadmap for sustainable development

“…As the research locale is based on the EU, all estimates relating to application-specific long-term economic geothermal energy benefits have been primarily updated, going on the subsurface data temperature, coined from the model developed by Alsaleh et al (2022bAlsaleh et al ( , 2022c. This constitutes a vital improvement to the model used in this study since the potentialities of geothermal were portrayed in the preceding versions in an elementary way.…”