CO2 Emissions, Real GDP, Renewable Energy and Tourism: Evidence from Panel of the Most-Visited Countries
Previous studies on the energy-environment-growth literature overlook the investigation of the most-visited countries. Since these countries do not only belong to the largest economies and the top carbon dioxide (CO2) emitters in the world but are also listed in renewable energy country attractive...
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| Format: | Article |
| Language: | English |
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Czech Statistical Office
2017-09-01
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| Series: | Statistika: Statistics and Economy Journal |
| Subjects: | |
| Online Access: | https://www.czso.cz/documents/10180/45606531/32019717q3063.pdf/6d122018-ccb6-4836-a551-68c53740d2a3?version=1.0 |
| Summary: | Previous studies on the energy-environment-growth literature overlook the investigation of the most-visited
countries. Since these countries do not only belong to the largest economies and the top carbon dioxide (CO2)
emitters in the world but are also listed in renewable energy country attractiveness index, this study analyzes
the impacts of real GDP, renewable energy and tourism on the level of CO2 emissions for the top 10 mostvisited
countries. Applying several panel econometric approaches, we find out that renewable energy mitigates
the pollution whereas real GDP and tourism contribute to the level of emissions. Thus, regulatory policies
are necessary to increase the awareness of sustainable tourism. In addition, the use of renewable energy
and the adoption of clean technologies in tourism sector as well as in producing goods and services play
a significant role in CO2 mitigation. |
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| ISSN: | 0322-788X 1804-8765 |