The impacts of tourism, energy consumption and political instability on economic growth in the MENA countries

Tang, Chor Foon; Abosedra, Salah

doi:10.1016/j.enpol.2014.01.004

Cited by 146 publications

(66 citation statements)

References 68 publications

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“…Capital investments in other sectors of the economy lead to an increase in energy consumption, and investments in the energy sectors induce economic development. Sbia, Shahbaz, and Hamdi (2014) and Tang and Abosedra (2014) have found results supporting the feedback hypothesis.…”

Section: Introductionsupporting

confidence: 76%

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

Işık

Doğru

Turk

2017

Journal of Tourism Research

208

109

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The purpose of this study is to examine the relationships between tourism development, renewable energy consumption, and economic growth in the United States, France, Spain, China, Italy, Turkey, and Germany using an innovative bootstrap panel Granger causality model. The results show that tourism development and economic growth are interdependent in Germany; whereas tourism development induces economic growth in China and Turkey, the reverse is true in Spain.Causal relationships between renewable energy and economic growth give credence to theories of renewable energy-led growth in Spain and growth-led renewable energy in China, Turkey, and Germany. Whereas the Italian and U.S. models demonstrate a bidirectional relationship, the Spanish, Italian, Turkish, and U.S. data show a causal link stemming from tourism development.Theoretical and policy implications are discussed within the realm of macroeconomics and sustainability.

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Section: Introductionsupporting

confidence: 76%

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

Işık

Doğru

Turk

2017

Journal of Tourism Research

208

109

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“…So, energy exploration policies should be appreciated to sustain economic growth for a long span of time. Apergis and Payne (2009) for OECD economies, Lean and Smyth (2010) for ASEAN economies, Wolde-Rufael (2010) for India, Tang and Shahbaz (2013) for Pakistan, Chandran and Tang (2013) for India, Soares et al (2014) for Indonesia, Tang and Abosedra (2014) for MENA economies and for Vietnam are the excellence examples of studies that supporting the growth hypothesis. Unlike the growth hypothesis presented earlier, the second hypothesis that is conservation hypothesis refers to the case where energy consumption is the result rather than the cause of economic growth, i.e.…”

Section: Studies On the Nexus Of Energy Consumption And Economic Growthmentioning

confidence: 98%

“…Apergis and Payne (2009) 1980 Kumar (2014) 1980-2010 (A) Vietnam ARDL; TYDL causality -AVAR EG; TOUR; K, TE; FD EG  TOUR 37. Tang and Abosedra (2014) 2001-2009 (A) MENA Statis panel data approach; Generalised method of moment (GMM) EG; EC; TOUR; PS; K TOUR  EG 38. Hatemi-J (2015) 1995-2014 (A) UAE TYDL causality -AVAR EG; TOUR TOUR  EG 39.…”

mentioning

confidence: 99%

Dynamic inter-relationships among tourism, economic growth and energy consumption in India

Tang

Tiwari

Shahbaz

2016

Geosystem Engineering

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This study attempts to explore the dynamic causal and inter-relationships among tourism, economic growth and energy consumption in India. This study covers the annual data from 1971 to 2012. This study applies the cointegration and generalised variance decomposition methods to verify the relationship. The bounds testing approach to cointegration and the Gregory-Hansen test for cointegration with structural break consistently reveal that energy consumption, tourism and economic growth in India are cointegrated. We find that tourism and economic growth strongly affects energy consumption in the long-run. Additionally, we also find that tourism and economic growth in India are inter-related, but the causal effect of tourism on economic growth is stronger than the other way around in both the short-and long-run. Therefore, this study concludes that the tourism-led growth hypothesis is valid but the energy-led growth hypothesis is invalid in India. With such findings, we can confirm that tourism is an important catalyst of growth to the Indian economy. Therefore, policymakers should promote and expand tourism industry in order to sustain the process of economic growth and development in India.Keywords: Cointegration; Economic growth; Energy consumption, Tourism; Variance decomposition 2 INTRODUCTIONOver the past decades, many studies pertaining to the engines of growth have been conducted with respect to developing countries. This is mainly due to the reason that they attempt to find an effective pillar to upgrade their status to developed countries. From our reading, we observe that energy and tourism are two common factors that hotly debated in the economic growth literature. Numerous studies have been conducted to verify the role of energy consumption and tourism in economic growth. However, their efforts failed to find a consistent causal relationship among economic growth, tourism and energy consumption.Some studies suggested that energy consumption and tourism stimulate long-term economic growth (e.g. Lean and Smyth, 2010;Lean and Tang, 2010;Hye and Khan, 2013;Tang and Shahbaz, 2013;Soares et al., 2014;, while other studies claimed the other way around or not related at all (e.g. Cheng, 1999;Ghosh, 2002;Oh, 2005; Katircioğlu, 2009;Alam et al., 2011;Ghosh, 2011;Ozturk and Acaravci, 2009). Therefore, it is very hard to derive a useful guideline for policymakers elsewhere to design appropriate growth policies for their economies.Apart from the ambiguity in the results, almost all existing studies likely to look at the impacts of energy consumption and tourism on economic growth separately, where these variables should be inter-related in nature. For example, tourism-related infrastructures and facilities require energy (e.g. oil and electricity) to operate them and energy is also one of the inputs of production that may link to economic growth. On the other hand, an increase in output and tourism demand such as tourist arrivals would increase the demand for energy.Then, an increase in international touri...

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“…Also, the rapidly growing leisure product and service consumption lead to the remarkable energy‐intense characteristics of tourism (Aall, ). For another thing, tourism development depends on energy consumption (Katircioglu, Feridun, & Kilinc, ; Tang & Abosedra, ). Those studies imply that the tourism industry is a sector with a high level or at least with increasing levels of energy consumption and energy consumption is crucial to sustainable tourism development.…”

Section: Literature Reviewmentioning

confidence: 99%

Exploring the impacts of carbon tax on tourism‐related energy consumption in China

Zhang

2018

Sustainable Development

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A carbon tax policy has been advocated as an effective tool to develop low‐carbon economy in China. As one of the most influential and dynamic industries, Chinese tourism industry will foresee a new challenge under the carbon tax scenario. Given this background, this study explores the impacts of carbon tax on tourism development from the perspective of energy consumption by using computable general equilibrium modeling in China. Our findings clearly indicate that (a) the proportion of tourism energy consumption to national energy consumption in China will increase over time, (b) the impacts of carbon tax on China's tourism fossil energy consumption, electricity consumption, and energy intensity will become increasingly weak, (c) the impacts of a carbon tax on electricity use are greater than the impacts on fossil fuel consumption, and (d) the impacts of different carbon taxes on the levels of energy consumption and energy intensity will vary to a significant degree between the different tourism sectors. Our results are conducive to recognizing the changes of tourism energy consumption levels after levying a carbon tax. Furthermore, this paper also has a certain reference value to guide any relevant, subsequent studies in other destinations or economic sectors, worldwide.

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The impacts of tourism, energy consumption and political instability on economic growth in the MENA countries

Cited by 146 publications

References 68 publications

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

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

Dynamic inter-relationships among tourism, economic growth and energy consumption in India

Exploring the impacts of carbon tax on tourism‐related energy consumption in China

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