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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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 |
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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 |
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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 |
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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. |
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56088268800 |
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56088268800 Bulut U. Ongan S. Dogru T. I??k C. Ahmad M. Alvarado R. Amin A. Rehman A. |
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Article |
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Bulut U. Ongan S. Dogru T. I??k C. Ahmad M. Alvarado R. Amin A. Rehman A. |
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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 |
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13.214268 |