Environmental consequences of tourism: do oil-exporting countries import more CO2 emissions?
|Author(s):|| Shahriyar Aliyev MSc., J.Mikayilov, S.Mukhtarov and J.Mammadov|
|Type:||Articles in journals with impact factor|
|ISSN / ISBN:||1556-7249|
|Published in:||Taylor&Francis Online|
|Keywords:||Tourism’s impact on environment; consumptionbased CO2 emissions; environmental Kuznets curve; exports; imports; resource-rich country|
|Abstract:||The study explores the impact of international tourism on consumptionbased CO2 emissions in the case of Azerbaijan for the period of 1995–2013.
The results of the long-run estimations revealed that the relationship
between CO2 emissions and international tourism revenues is N-shaped.
This finding also indicates that the EKC hypothesis does not hold in the case
of Azerbaijan. The found curvature of the relationship and the positive
impact of tourism on CO2 emissions are in line with the expectations,
considering the developing path of the country. Moreover, the impacts of
imports and exports are found to be positive and negative, respectively,
which are in line with the expectations and with the theoretical findings
discussed in the theoretical framework section. The positive impact of
tourism and the higher impact of imports highlights the importance of
utilizing the environmentally friendly policies in tourism activities as well as
in international trade relations.