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An Empirical Note on Tourism and Sustainable Development Nexus

Mehmet Destek and Sercan Aydın

MPRA Paper from University Library of Munich, Germany

Abstract: The goal of this research is to investigate the impact of tourism on sustainable development in the 10 most visited countries. For this purpose, following the STIRPAT model, the impact of urbanization, energy intensity and tourism on the newly designed sustainable development index is examined for the period 1995-2015. In doing so, tourism is represented by two different indicators, the number of tourists and tourism receipts. In addition, the impact of tourism on economic growth is analyzed to compare the effects of tourism development on economic growth and sustainable development. While doing this, second generation panel data methods are used to take into account the possible inter-country dependency. According to the findings obtained in the study, tourism, energy intensity and urbanization have positive effects on economic growth. On the other hand, the effects of all three factors on the sustainable development index are negative and statistically significant. These findings indicate that the harmful effects of tourism on other dimensions of sustainable development are greater than the beneficial effects of tourism on economic growth.

Keywords: Tourist Arrivals; Sustainable Development Index; Energy Intensity; Urbanization; Panel Data (search for similar items in EconPapers)
JEL-codes: Q5 (search for similar items in EconPapers)
Date: 2021-09-09
New Economics Papers: this item is included in nep-ene, nep-env and nep-tur
References: View references in EconPapers View complete reference list from CitEc
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Published in Environmental Science and Pollution Research 29.23(2022): pp. 34515-34527

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