From an economic viewpoint, tourism is heralded as bringing income to local communities. From an ecological standpoint, tourism poses a threat to environments. Sustainable tourism should leave a minimum negative impact on the places visited and preferably have rather positive impact on society. The digitization of the tourism economy is conducive to increasing the efficiency of enterprises operations, but also have positive impact on consumers. The objectives of the study are: to seek an answer to the question whether there is a relationship between the development of the tourism industry and GDP growth. Based on it there are two specific questions: What is a relationship between the level of development of digitization (e-commerce) and the development of the tourism industry and what is a relationship between the development of the tourism industry and sustainability factors? The originality of our research results among others results from three groups of variables use in the analysis (ICT group, SDG group and E&T group). Our research explores the factors affecting the tourism industry and relations of the digitization of tourism economy, sustainability and economy growth.
Current research assesses the impact of industrialization and the renewable energy sector on greenhouse gas emissions, proxied by CO2 emissions in Europe and Central Asia. We rely on a two-step system GMM estimator on a sample of 48 countries over the period 2000–2018. Empirical results show that industrialization has a positive effect on CO2 emissions: a 10% increase in industry value added as % of GDP leads to an increase of 2.6% in CO2 emissions. In contrast, renewable energy mitigates CO2 emissions. Ten percentage points increase in renewable energy consumption reduces CO2 emissions per capita by 2.2%. The interaction term between renewable energy and industry value added is negative, suggesting that renewable energy consumption compensates for the negative effect of industrialization on environmental quality. Our main results also confirm the U-shaped inverted relationship between GDP per capita and CO2 emissions. Our study has a number of policy implications and avenues for future research.
This study explores the effect of renewable energy and agriculture on CO2 emissions in a sample of 94 middle-income countries for the years 2000–2015. Using two-step generalized method of moments (GMM) regression, we find there is a negative relationship between renewable energy production, agriculture value added and per capita CO2 emissions. If causal, a 1% increase in renewable electricity output leads to a 0.18% decrease in CO2 emissions. Our results remain robust when we include additional control variables. Our study suggests that policy tools such as subsidies or low interest loans can be used to promote renewable energy consumption in middle-income countries.
The purpose of the article is analysis of participatory budgets as a tool for shaping decisions of local communities on the use of public funds. The authors ask the question of whether the current practice of using the participatory budget is actually a growing trend in local government finances or, after the initial euphoria resulting from participation, society ceased to notice the real possibilities of influencing the directions of public expenditures as an opportunity to legislate public policies implemented. It is expected that the conducted research will allow us to evaluate the participatory budget and indicate whether this tool practically acts as a stimulus for changes in the scope of tasks under public policies. The authors analyzed and evaluated the announced competitions for projects as part of the procedure for elaborating participatory budgeting for selected LGUs. Then, they carried out an in-depth analysis of the data used to assess real social participation in the process of establishing social policies.
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