Beyond employing the cooling and heating degree days variables for evaluating the climatic conditions and the expected energy needs in the United States, a subtle concern is the underpinning role of the environmental sustainability amidst socio-economic activities. As such, the current study is design to examine the role of fossil fuel energy consumption, ecological footprint, and urban population on the degree days viz-a-vis the cooling and heating days in the United States over the period 1960-2015. The Autoregressive Distributed Lag bound testing model employed reveals the importance of the ecological footprint, fossil fuel energy consumption, and urban population on the cooling and heating degree days of the United States.
View Article and Find Full Text PDFIn this study, we examine the role of real income, globalization and tourism on environmental sustainability target by applying Autoregressive Distributed Lag (ARDL) bounds testing approach that controls for structural breaks and Vector Error Correction Model (VECM) Granger causality approach that produces robust, efficient and reliable short-run and long-run estimates in the case of Turkey over the periods 1970-2014. To achieve our research objective, we examine stationarity properties of the series via unit root test after which we applied Bayer-Hanck combined cointegration technique to evaluate the presence of a long-run cointegration relationship among the series. The empirical results show that a 1% increase in real income level and international tourists' arrivals led to 0.
View Article and Find Full Text PDFThis paper examines the relationship between carbon emissions and international tourism growth through the channels of globalization, energy consumption, and real income via testing the environmental Kuznets curve over the periods of 1995 to 2014 for 15 selected tourism destination states that prioritized tourism as a means of maximizing economic growth. Using the panel data analysis, results confirm globalization-tourism-induced EKC hypothesis for tourist destination states. This implies international tourism growth and carbon emissions, through the channels of energy consumption, globalization, and real income, are in a long-term equilibrium relationship.
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