The role of tourism growth in generating additional energy consumption: empirical evidence from major tourist destinations

Katircioglu S., GÖKMENOĞLU KARAKAYA K., Eren B. M.

Environmental and Ecological Statistics, cilt.26, sa.4, ss.303-323, 2019 (SCI-Expanded) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 26 Sayı: 4
  • Basım Tarihi: 2019
  • Doi Numarası: 10.1007/s10651-019-00429-0
  • Dergi Adı: Environmental and Ecological Statistics
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.303-323
  • Anahtar Kelimeler: Energy consumption, Exchange rates, Tourism, Urbanization
  • Ankara Hacı Bayram Veli Üniversitesi Adresli: Evet

Özet

© 2019, Springer Science+Business Media, LLC, part of Springer Nature.This study investigates the role of tourism growth in generating additional energy consumption in the case of major tourist countries. Panel data that range from 1995 to 2014 have thus been constructed. Significant results of this study confirm long term economic effects of tourism growth in energy usage in tourist destinations; tourism exerts positively significant but inelastic effects on the overall energy consumption. Finally, this study finds that changes in exchange rates cause changes in tourism and changes in tourism cause significant changes in energy consumption in the same direction; therefore, it is proposed that tourism sector acts as a successful mediator between exchange rate changes and energy consumption which is an essential policy concern for countries heavily depending on foreign energy imports.