2,471
Views
59
CrossRef citations to date
0
Altmetric
Original Articles

Assessing the dynamic impact of tourism, industrialization, urbanization, and globalization on growth and environment in Southeast Asia

ORCID Icon & ORCID Icon
Pages 362-371 | Received 16 Jul 2016, Accepted 10 Sep 2016, Published online: 26 Sep 2016
 

ABSTRACT

The purpose of this article is to investigate the impact of growth and environment in Southeast Asia. Extending existing research, this research builds on variables such as tourism, industrialization, urbanization, globalization, economic growth, and environment in a multivariate format. Cointegration tests and panel regression models are employed in the empirical analysis using panel data of Southeast Asian countries. The research discovers a long-run equilibrium relationship between carbon dioxide emissions, tourism, industrialization, urbanization, globalization, and economic growth. Accordingly, pertaining to short-run analysis, tourism, urbanization, and globalization directly affect economic growth while industrialization is insignificant. Further analysis shows the extent to which these factors impact environment. The results reveal an intriguing paradox that tourism negatively impacts carbon emissions in the region while industrialization and urbanization directly cause carbon emissions. These findings suggest the effectiveness of green or ecotourism in the region and highlight how Southeast Asian countries develop policies to curb carbon emission levels and leverage these attributes for sustainable environment.

Disclosure statement

No potential conflict of interest was reported by the authors.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.