Does tourism contribute towards zero-carbon in Australia? Evidence from ARDL modelling approach. (September 2022)
- Record Type:
- Journal Article
- Title:
- Does tourism contribute towards zero-carbon in Australia? Evidence from ARDL modelling approach. (September 2022)
- Main Title:
- Does tourism contribute towards zero-carbon in Australia? Evidence from ARDL modelling approach
- Authors:
- Avishek Khanal,
Rahman, Mohammad Mafizur
Khanam, Rasheda
Velayutham, Eswaran - Abstract:
- Abstract: Climate change is an increasingly serious problem, resulting in significant environmental degradation, and various policies and regulations have been adopted to achieve zero-carbon with the goal of ameliorating this issue. To end this, along with economic growth, governments should consider human activities such as tourism and energy consumption, which are responsible for raising CO2 emissions, a proxy for environmental degradation, in the atmosphere. Tourism may contribute to climate change through various adverse activities such as transportation and hotel stays. Thus, this study investigates the long-run cointegrating relationship between tourism and environmental degradation, focusing on some other specific factors. Using data from 1976 to 2019, the autoregressive distributed lag bounds test approach is applied to obtain both long-run and short-run coefficients. The estimated results indicate that tourism obstructs the achievement of zero-carbon in Australia. Along with tourist arrivals, energy consumption and gross domestic product are also significant contributors which have a positive and statistically significant long-run relationship with carbon emissions. This study provides policy implications for zero-carbon and sustainable tourism growth in Australia. Highlights: Climate change is an increasingly serious issue, resulting in environmental degradation. Investigates the tourist arrivals and CO2 emissions nexus. Results show tourism has significant impactAbstract: Climate change is an increasingly serious problem, resulting in significant environmental degradation, and various policies and regulations have been adopted to achieve zero-carbon with the goal of ameliorating this issue. To end this, along with economic growth, governments should consider human activities such as tourism and energy consumption, which are responsible for raising CO2 emissions, a proxy for environmental degradation, in the atmosphere. Tourism may contribute to climate change through various adverse activities such as transportation and hotel stays. Thus, this study investigates the long-run cointegrating relationship between tourism and environmental degradation, focusing on some other specific factors. Using data from 1976 to 2019, the autoregressive distributed lag bounds test approach is applied to obtain both long-run and short-run coefficients. The estimated results indicate that tourism obstructs the achievement of zero-carbon in Australia. Along with tourist arrivals, energy consumption and gross domestic product are also significant contributors which have a positive and statistically significant long-run relationship with carbon emissions. This study provides policy implications for zero-carbon and sustainable tourism growth in Australia. Highlights: Climate change is an increasingly serious issue, resulting in environmental degradation. Investigates the tourist arrivals and CO2 emissions nexus. Results show tourism has significant impact on the environment and is barrier to achieve zero-carbon. Energy consumption and GDP are also significant contributor to the CO2 emissions. Policy considerations are proposed. … (more)
- Is Part Of:
- Energy strategy reviews. Volume 43(2022)
- Journal:
- Energy strategy reviews
- Issue:
- Volume 43(2022)
- Issue Display:
- Volume 43, Issue 2022 (2022)
- Year:
- 2022
- Volume:
- 43
- Issue:
- 2022
- Issue Sort Value:
- 2022-0043-2022-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-09
- Subjects:
- Tourism -- Energy consumption -- Zero-carbon -- Environment -- ARDL -- Australia
Energy policy -- Periodicals
333.7905 - Journal URLs:
- http://www.sciencedirect.com/science/journal/2211467X ↗
http://www.sciencedirect.com/ ↗ - DOI:
- 10.1016/j.esr.2022.100907 ↗
- Languages:
- English
- ISSNs:
- 2211-467X
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 23330.xml