Revealing the interrelationship of economic, environmental, and social factors with globalization in G-7 countries tourism growth: A CS-ARDL approach
Sustainable tourism is a key driver of economic growth in G-7 countries, contributing significantly to gross domestic product (GDP) and employment. However, its rapid expansion raises concerns about environmental impact, including CO2 emissions and resource consumption, while globalization and green...
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| Format: | Article |
| Language: | English |
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Elsevier
2025-06-01
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| Series: | Sustainable Futures |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S266618882500053X |
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| author | Arifa Jannat Md. Monirul Islam Kentaka Aruga |
| author_facet | Arifa Jannat Md. Monirul Islam Kentaka Aruga |
| author_sort | Arifa Jannat |
| collection | DOAJ |
| description | Sustainable tourism is a key driver of economic growth in G-7 countries, contributing significantly to gross domestic product (GDP) and employment. However, its rapid expansion raises concerns about environmental impact, including CO2 emissions and resource consumption, while globalization and green technology offer both challenges and opportunities for sustainable growth. This study explores the dynamic relationship between climate change, economic growth, green technology, globalization, government effectiveness, and tourism growth in G-7 countries from 1996 to 2019, providing new insights into the dynamics of sustainable tourism. Using the cross-sectional autoregressive distributed lag (CS-ARDL) model and panel data techniques, the findings reveal that GDP and green technology innovations positively impact sustainable tourism growth, while CO2 emissions hinder it. Specifically, a 1% increase in GDP and green innovations boost sustainable tourism by 0.83% and 4.71%, respectively, while higher emissions reduce growth by 0.77%. The research emphasizes the importance of economic development and green technology for fostering sustainable tourism in G-7 nations. |
| format | Article |
| id | doaj-art-f6b27ab9c9954a00b1c331c4472ca68d |
| institution | OA Journals |
| issn | 2666-1888 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Sustainable Futures |
| spelling | doaj-art-f6b27ab9c9954a00b1c331c4472ca68d2025-08-20T02:06:39ZengElsevierSustainable Futures2666-18882025-06-01910048310.1016/j.sftr.2025.100483Revealing the interrelationship of economic, environmental, and social factors with globalization in G-7 countries tourism growth: A CS-ARDL approachArifa Jannat0Md. Monirul Islam1Kentaka Aruga2School of Agriculture, Food and Wine, University of Adelaide, Urrbrae SA 5064, Australia; Institute of Agribusiness and Development Studies, Bangladesh Agricultural University, Mymensingh 2202, Bangladesh; Corresponding author.Department of Agricultural Economics, Bangladesh Agricultural University, Mymensingh 2202, Bangladesh; Commonwealth Scientific and Industrial Research Organisation - CSIRO, Waite Campus, Adelaide, 5064, South AustraliaGraduate School of Humanities and Social Sciences, Saitama University, 255 Shimo-Okubo, Sakura-ku, Saitama 338-8570, JapanSustainable tourism is a key driver of economic growth in G-7 countries, contributing significantly to gross domestic product (GDP) and employment. However, its rapid expansion raises concerns about environmental impact, including CO2 emissions and resource consumption, while globalization and green technology offer both challenges and opportunities for sustainable growth. This study explores the dynamic relationship between climate change, economic growth, green technology, globalization, government effectiveness, and tourism growth in G-7 countries from 1996 to 2019, providing new insights into the dynamics of sustainable tourism. Using the cross-sectional autoregressive distributed lag (CS-ARDL) model and panel data techniques, the findings reveal that GDP and green technology innovations positively impact sustainable tourism growth, while CO2 emissions hinder it. Specifically, a 1% increase in GDP and green innovations boost sustainable tourism by 0.83% and 4.71%, respectively, while higher emissions reduce growth by 0.77%. The research emphasizes the importance of economic development and green technology for fostering sustainable tourism in G-7 nations.http://www.sciencedirect.com/science/article/pii/S266618882500053XSustainable tourismGDPCO2 emissionGreen technology innovationGovernment effectivenessCS-ARDL |
| spellingShingle | Arifa Jannat Md. Monirul Islam Kentaka Aruga Revealing the interrelationship of economic, environmental, and social factors with globalization in G-7 countries tourism growth: A CS-ARDL approach Sustainable Futures Sustainable tourism GDP CO2 emission Green technology innovation Government effectiveness CS-ARDL |
| title | Revealing the interrelationship of economic, environmental, and social factors with globalization in G-7 countries tourism growth: A CS-ARDL approach |
| title_full | Revealing the interrelationship of economic, environmental, and social factors with globalization in G-7 countries tourism growth: A CS-ARDL approach |
| title_fullStr | Revealing the interrelationship of economic, environmental, and social factors with globalization in G-7 countries tourism growth: A CS-ARDL approach |
| title_full_unstemmed | Revealing the interrelationship of economic, environmental, and social factors with globalization in G-7 countries tourism growth: A CS-ARDL approach |
| title_short | Revealing the interrelationship of economic, environmental, and social factors with globalization in G-7 countries tourism growth: A CS-ARDL approach |
| title_sort | revealing the interrelationship of economic environmental and social factors with globalization in g 7 countries tourism growth a cs ardl approach |
| topic | Sustainable tourism GDP CO2 emission Green technology innovation Government effectiveness CS-ARDL |
| url | http://www.sciencedirect.com/science/article/pii/S266618882500053X |
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