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The Impact of Tourism and Renewable Energy Use Over Economic Growth in Top 10 Tourism Destinations Read chapter Read first chapter

2021 | OriginalPaper | Chapter

2. The Possible Influence of the Tourism Sector on Climate Change in the US

Authors : Faik Bilgili, Yacouba Kassouri, Aweng Peter Majok Garang, H. Hilal Bağlıtaş

Published in: Strategies in Sustainable Tourism, Economic Growth and Clean Energy

Publisher: Springer International Publishing

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Abstract

The effect of tourism development on GHG has been a controversial research topic, and the existing literature fails to provide satisfactory evidence about the impact of tourism on climate change. To the best of our knowledge, this work is the first to study the dynamics of tourism development with several climate-changing substances through time- and regime (state)-varying analysis. Therefore, this article aims at contributing towards a novel analysis of the behaviour of carbon emissions and tourism development in the US following Markov regime-switching VAR (MS-VAR) models. This book chapter will observe the estimates to understand the effect of tourism on air pollution (CO2 emissions) at different regimes/states. The stochastic process generating the unobservable regimes is an ergodic Markov chain with a finite number of states (st = 1……N) which is defined by the transition probabilities. Most of the current studies provide mixed evidence on the relationship between tourism and climate change through time- and regime-invariant parameter estimations. In contrast, MS-VAR model predictions reveal the constant term and other parameter coefficients, which are also subject to change from one regime to another regime, to explore the effects of explanatory variables on CO2 in the US. The explanatory variables of this work are the Number of Tourist Visiting the US, Energy Consumption of Transportation Sector, and Industrial Production. MS-VAR models also monitored seasonality effects. In the estimations, we aim at observing accurately the impact of tourism on CO2 emissions, as well as the effects of industrial production and transportation sector's energy usage on emissions, in the US.

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previous chapter The Impact of Tourism and Renewable Energy Use Over Economic Growth in Top 10 Tourism Destinations
next chapter Tourism Sector and Environmental Quality: Evidence from Top 20 Tourist Destinations
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Metadata
Title
The Possible Influence of the Tourism Sector on Climate Change in the US
Authors
Faik Bilgili
Yacouba Kassouri
Aweng Peter Majok Garang
H. Hilal Bağlıtaş
Copyright Year
2021
Book
Strategies in Sustainable Tourism, Economic Growth and Clean Energy

Print ISBN: 978-3-030-59674-3

Electronic ISBN: 978-3-030-59675-0

Copyright Year: 2021

DOI
https://doi.org/10.1007/978-3-030-59675-0_2