The nexus between government spending, economic growth, and tourism under climate change: testing the CEM model for the USA

This study examines the impact of government spending, income, and tourism consumption on CO2 emissions in the 50 US states through a novel theoretical model derived from the Armey Curve model and the Environmental Kuznets Curve hypothesis. The findings of this research are essential for policymaker...

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Main Authors: Bulut U., Ongan S., Dogru T., I??k C., Ahmad M., Alvarado R., Amin A., Rehman A.
Other Authors: 56088268800
Format: Article
Published: Springer Science and Business Media Deutschland GmbH 2024
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spelling my.uniten.dspace-340932024-10-14T11:17:56Z The nexus between government spending, economic growth, and tourism under climate change: testing the CEM model for the USA Bulut U. Ongan S. Dogru T. I??k C. Ahmad M. Alvarado R. Amin A. Rehman A. 56088268800 11440427500 57189716319 35317648700 57299699800 57188831567 57217247080 57216608130 Armey curve Climate change Environmental Kuznets curve Government expenditures Tourism Carbon Dioxide Climate Change Economic Development Government Internationality Tourism Hawaii carbon dioxide climate change economic growth environmental degradation Gross Domestic Product Kuznets curve policy making public spending sustainability tourism development trade-off climate change economic development government international cooperation tourism This study examines the impact of government spending, income, and tourism consumption on CO2 emissions in the 50 US states through a novel theoretical model derived from the Armey Curve model and the Environmental Kuznets Curve hypothesis. The findings of this research are essential for policymakers to develop effective strategies for mitigating environmental pollution. Utilizing panel cointegration analysis, the study provides valuable insights into whether continued increases in government spending contribute to higher pollution levels. By identifying the threshold point of spending as a percentage of GDP, policymakers can make informed decisions to avoid the trade-off between increased spending and environmental degradation. For instance, the analysis reveals that Hawaii's tipping point is 16.40%. The empirical results underscore the importance of adopting sustainable policies that foster economic growth while minimizing environmental harm. These findings will aid policymakers in formulating targeted and efficient approaches to tackle climate change and promote long-term environmental sustainability in the United States. Moreover, the impact of tourism development on CO2 emissions varies across states, with some US states experiencing a decrease while others see an increase. � 2023, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature. Final 2024-10-14T03:17:56Z 2024-10-14T03:17:56Z 2023 Article 10.1007/s11356-023-28319-w 2-s2.0-85163892645 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85163892645&doi=10.1007%2fs11356-023-28319-w&partnerID=40&md5=799a5f46e6a6c958de18e5ab32ae02f1 https://irepository.uniten.edu.my/handle/123456789/34093 30 36 86138 86154 Springer Science and Business Media Deutschland GmbH Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
topic Armey curve
Climate change
Environmental Kuznets curve
Government expenditures
Tourism
Carbon Dioxide
Climate Change
Economic Development
Government
Internationality
Tourism
Hawaii
carbon dioxide
climate change
economic growth
environmental degradation
Gross Domestic Product
Kuznets curve
policy making
public spending
sustainability
tourism development
trade-off
climate change
economic development
government
international cooperation
tourism
spellingShingle Armey curve
Climate change
Environmental Kuznets curve
Government expenditures
Tourism
Carbon Dioxide
Climate Change
Economic Development
Government
Internationality
Tourism
Hawaii
carbon dioxide
climate change
economic growth
environmental degradation
Gross Domestic Product
Kuznets curve
policy making
public spending
sustainability
tourism development
trade-off
climate change
economic development
government
international cooperation
tourism
Bulut U.
Ongan S.
Dogru T.
I??k C.
Ahmad M.
Alvarado R.
Amin A.
Rehman A.
The nexus between government spending, economic growth, and tourism under climate change: testing the CEM model for the USA
description This study examines the impact of government spending, income, and tourism consumption on CO2 emissions in the 50 US states through a novel theoretical model derived from the Armey Curve model and the Environmental Kuznets Curve hypothesis. The findings of this research are essential for policymakers to develop effective strategies for mitigating environmental pollution. Utilizing panel cointegration analysis, the study provides valuable insights into whether continued increases in government spending contribute to higher pollution levels. By identifying the threshold point of spending as a percentage of GDP, policymakers can make informed decisions to avoid the trade-off between increased spending and environmental degradation. For instance, the analysis reveals that Hawaii's tipping point is 16.40%. The empirical results underscore the importance of adopting sustainable policies that foster economic growth while minimizing environmental harm. These findings will aid policymakers in formulating targeted and efficient approaches to tackle climate change and promote long-term environmental sustainability in the United States. Moreover, the impact of tourism development on CO2 emissions varies across states, with some US states experiencing a decrease while others see an increase. � 2023, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
author2 56088268800
author_facet 56088268800
Bulut U.
Ongan S.
Dogru T.
I??k C.
Ahmad M.
Alvarado R.
Amin A.
Rehman A.
format Article
author Bulut U.
Ongan S.
Dogru T.
I??k C.
Ahmad M.
Alvarado R.
Amin A.
Rehman A.
author_sort Bulut U.
title The nexus between government spending, economic growth, and tourism under climate change: testing the CEM model for the USA
title_short The nexus between government spending, economic growth, and tourism under climate change: testing the CEM model for the USA
title_full The nexus between government spending, economic growth, and tourism under climate change: testing the CEM model for the USA
title_fullStr The nexus between government spending, economic growth, and tourism under climate change: testing the CEM model for the USA
title_full_unstemmed The nexus between government spending, economic growth, and tourism under climate change: testing the CEM model for the USA
title_sort nexus between government spending, economic growth, and tourism under climate change: testing the cem model for the usa
publisher Springer Science and Business Media Deutschland GmbH
publishDate 2024
_version_ 1814061165635960832
score 13.214268