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The impacts of energy resource and tourism on green growth: Evidence from Asian economies  ( EI收录)   被引量:102

文献类型:期刊文献

英文题名:The impacts of energy resource and tourism on green growth: Evidence from Asian economies

作者:Shang, Yunfeng[1];Lian, Yi[2];Chen, Hui[3];Qian, Fangbin[1]

机构:[1]Zhejiang Yuexiu Univ, Sch Hospitality Adm, Shaoxing, Peoples R China;[2]Zhejiang Univ Sci & Technol, Sch Econ & Management, Hangzhou, Peoples R China;[3]Shaoxing Univ, Coll Arts & Sci, Shaoxing, Peoples R China

年份:2023

卷号:81

外文期刊名:RESOURCES POLICY

收录:SSCI(收录号:WOS:000930778400001)、、EI(收录号:20230713582433)、Scopus(收录号:2-s2.0-85147797079)、WOS

基金:There are four popular theories about the linkage between tourism and GDP growth. The TLGH (Tourism-led economic growth hypothesis) and EDTH (economic-driven tourism growth hypothesis) are two essential discourses expressing the existence of uni-directional causality linkage from tourism to economic growth (i.e., TLGH). At the same time, EDTH denotes the presence of uni-directional causality linkage from economic growth to the tourism industry. In addition, the third hypothesis, BC, supports a bi-directional causality relationship between tourism and economic growth. In contrast, the NC hypothesis confirms the absence of any relationship between these two variables. These four hypotheses can be employed in the case of green economic growth and tourism. Tourism can make spillover effects and encourage investment, increase foreign exchange revenues and enhance transportation infrastructure may lead to a higher rate of sustainable GDP growth (Parrilla et al., 2007; Sugiyarto et al., 2003), however green economic growth may make favorable investment climate and green governance leading to a better tourism sector's activities. This statement is in line with EDTH, supported by earlier studies like Narayan (2004). The bi-directional causality linkage between tourism and green economic growth may be existed as Ridderstaat et al. (2014) and Lee and Chang (2008), while the absence of a relationship between these two variables has been confirmed by earlier studies like Katircioglu (2009) and Tang (2013).

语种:英文

外文关键词:Fossil fuels; Tourism; Green energy deployment; Green economic growth; Asia

外文摘要:In recent years, the discourse of "Green growth" has been expanded among scholars as an approach to reach environmental protection and a long-term solution to the climate change challenge. The primary purpose of this paper is to explore the impacts of tourism and energy resources (fossil fuels and renewable energy) on green economic growth from 2000 to 2021 for the case of Asian countries divided by the proxy of income level. The findings confirmed that in high-income Asian countries, the long-term impact of the sector of tourism on sustainable GDP (Gross Domestic Product) growth is positive. In contrast, tourism progress is an obstacle to long-term green economic growth in low-income Asian economies. In addition, the consumption of fossil fuels harms the sustainable GDP growth for both groups of examined economies. The recommended practical policies for low-income level Asian economies are enhancing ecotourism policy, green regionalism, and developing a green financial market. The high-income Asian countries should try to have financial and tax support for SMEs and develop green projects guaranteed by green bonds.

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