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Environmental disclosure and idiosyncratic risk in the European manufacturing sector. Energy Economics. a104715.

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Article (Accepted Version) http://sro.sussex.ac.uk Tzouvanas, Panagiotis, Kizys, Renatas and Tsend-Ayush, Bayasgalan (2019) Momentum trading in cryptocurrencies: short-term returns and diversification benefits. Economics Letters.

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Since the introduction of the carbon Kuznets-curve hypothesis in the mid-1990s, the inverted U–shaped relationship between economic development and carbon emissions has remained a subject of debate in the social sciences. We engage tourism research in this debate, in a fourfold manner. First, we offer a systematic literature review concerning the role of tourism in the carbon Kuznets-curve hypothesis using a protocol-based reporting process. Second, we present the level of consensus with the carbon Kuznets-curve hypothesis and the conceptual gaps in the identified literature (n = 22). Third, we introduce an emerging concept, offering a novel tourism corporate/performance orientation to the carbon Kuznets-curve hypothesis. Fourth, we provide evidence of empirical validity using different econometric techniques from an international tourism corporation (n = 86) data set (2005–2018). The inverted U–shaped relationship between measures of economic and carbon performance among tourism corporations is a robust result under many different specifications.