Ensuring Green Growth and Sustainability

• 발행기관: 한국유통과학회
• 저자명: Jung Wan Lee Michael Kwag
• 간행물 정보: 『KODISA ICBE (International Conference on Business and Economics)』2013 International Conference on Business and Economics (ICBE 2013), 129~136쪽, 전체 8쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2013.07.13

영문 초록

The study investigates the influence of tourism and hospitality industry on economic growth and CO2 emissions. In the empirical analysis, unit root tests, cointegration test and vector error correction model regression using time series data of South Korea from the first quarter of 1970 to the third quarter of 2010 are performed to examine the long-run equilibrium relationship and short-run dynamics among the tourism and hospitality industry, CO2 emissions, economic growth and other industry sectors. Results from cointegration techniques and vector error correction models indicate that a long-run equilibrium relationship exists among these variables. Furthermore, the tourism and hospitality industry and CO2 emissions have high significant positive effect on economic growth. The tourism and hospitality industry in Korea, in turns, shows a high significant positive impact on economic growth while the industry sector incurs a high significant negative impact on CO2 emissions.

목차

Abstract

1. Introduction

2. Literature Review

3. Research Methodology

4. Discussion and Policy Implications

References

키워드

tourism hospitality economic growth carbon emissions Korea