Analyzing the causalities between economic growth, financial development, international trade, tourism expenditure and/on the CO₂emissions in Greece

Role of Economic Growth, Financial Development, Trade, Energy and FDI in Environmental Kuznets Curve for Lithuania: Evidence from ARDL Bounds Testing Approach

“…Table 4 presents the estimates for all ARDL models, and these results evident that coefficients of ΔGDP, ΔGDP 2 are positive and negative respectively, and both are statistically significant, confirming the EKC hypothesis for GDP in the short run. These results are consistent with the Balaguer and Cantavella (2018), Bekhet and Othman (2018), , Sinha and Shahbaz (2018), Zhang (2018), Shahzad et al (2017), Bekhet and Othman (2017), Isik et al (2017), Ali, Law, and Zannah (2016), , and Dogan and Turkekul (2016). Conversely, trade improves the environmental degradation in the short run.…”

“…EKC is an extension ofthe Kuznets Curve (KC).5 For the similar evidences, seeBekhet and Othman (2018),Balaguer and Cantavella (2018),Sinha and Shahbaz (2018),Zhang (2018),,Salahuddin el al. (2017),Shahzad et al (2017),Bekhet and Othman (2017),Isik et al (2017),Ali, Law, and Zannah (2016),Ali et al …”

Energy, tourism, finance, and resource depletion: panel data analysis

“…The "income-growth hypothesis" and the "natural resources-based view" of firms are found in the works of Lopez (1994) and Hart (1995), where the former's analysis is based on the environmental Kuznets curve while the latter's is based on management theory that is aligned with natural capital as a means to increase sustainable global economic gains. The recent spike in published studies confirms that eco-tourism policies (Marsiglio 2015), renewable energy sources (Zhang and Gao 2016), cleaner production technologies (Naradda Gamage, Hewa Kuruppuge, and Haq 2017), green financial agendas (Işik, Kasımatı, and Ongan 2017), and pollution abatement policies (Gupta and Dutta 2018) are helpful for achieving green development across countries.…”

A nexus of linear and non‐linear relationships between tourism demand, renewable energy consumption, and economic growth: Theory and evidence

“…It is a stylized fact that the tourism industry plays a significant role in the economic development of many countries in the world by creating additional jobs, income, and taxes (Choi & Sirakaya, 2005;Smeral, 2015). Despite occasional external shocks to regional economies via armed conflicts or terror treats, overall global tourism grows by a healthy 4% to 5% annually; the liberalization of foreign trade and financial sectors coupled with technological advances has probably been responsible for this growth (Işik, Kasımatı, & Ongan, 2017;Işik & Radulescu, 2017b). Despite its many positive economic impacts, the tourism industry is one of the main contributors to greenhouse gas (GHG) emissions due to its heavy reliance on traditional energy resources (i.e., fossil fuels; Becken, 2004;Gossling, 2000Gossling, , 2002Scott, Peeters, & Gössling, 2010).…”