The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries
Autor(a) principal: | |
---|---|
Data de Publicação: | 2020 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.6/10872 |
Resumo: | This paper examines the impacts of the tourism sector on the overall eco-efficiency of 22 Latin America and Caribbean countries from 1995 to 2016. A two-stage Data Envelopment Analysis methodology was used in order to first calculate the overall eco-efficiency of the countries from the sample (considering the CO2 emissions as the input and the economic growth as the output), with the outcomes pointing to an eco-efficiency decrease in the majority of countries. Posteriorly, a Panel Autoregressive Distributed Lag model was applied to analyse the impacts of tourism arrivals, tourism capital investment, and direct tourism contribution to employment on the previously calculated overall eco-efficiency. Moreover, given the presence of cross-sectional dependence, heteroscedasticity, and first order autocorrelation in the model, the Driscoll-Kraay estimator was used, and the results indicate that tourism arrivals, use of nonrenewables to generate (a substantial part of) electric power to consumption, and trade openness contributed to the decrease in these countries' eco-efficiency, both in the short- and long-run. Contrariwise, tourism capital investment, direct tourism contribution to employment, and Human Development Index seem to promote eco-efficiency in the long-run. These findings suggest that policymakers should pay attention to these destinations carrying capacity given that, if they ignore this feature, it can produce environmental and climatic shocks to these countries, as well as bringing constraints to their development (both in the short- and long-run). Simultaneously, in order to grant their sustainable development, they must continue to encourage investments in sustainable tourism projects and productive employment to all. Lastly, we see that the error correction mechanism has a negative and statistically significant value in the estimation, which points to the existence of a cointegration/long memory relationship between our variables. |
id |
RCAP_c90188b7d1d55c8920aefdddcb3e5789 |
---|---|
oai_identifier_str |
oai:ubibliorum.ubi.pt:10400.6/10872 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countriesA two-stage DEA approachChegadas de TuristasContribuição Direta do Turismo Para O EmpregoEco-EficiênciaInvestimento de Capital Em TurismoPaíses da América Latina e CaraíbasTwo-Stage DeaDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis paper examines the impacts of the tourism sector on the overall eco-efficiency of 22 Latin America and Caribbean countries from 1995 to 2016. A two-stage Data Envelopment Analysis methodology was used in order to first calculate the overall eco-efficiency of the countries from the sample (considering the CO2 emissions as the input and the economic growth as the output), with the outcomes pointing to an eco-efficiency decrease in the majority of countries. Posteriorly, a Panel Autoregressive Distributed Lag model was applied to analyse the impacts of tourism arrivals, tourism capital investment, and direct tourism contribution to employment on the previously calculated overall eco-efficiency. Moreover, given the presence of cross-sectional dependence, heteroscedasticity, and first order autocorrelation in the model, the Driscoll-Kraay estimator was used, and the results indicate that tourism arrivals, use of nonrenewables to generate (a substantial part of) electric power to consumption, and trade openness contributed to the decrease in these countries' eco-efficiency, both in the short- and long-run. Contrariwise, tourism capital investment, direct tourism contribution to employment, and Human Development Index seem to promote eco-efficiency in the long-run. These findings suggest that policymakers should pay attention to these destinations carrying capacity given that, if they ignore this feature, it can produce environmental and climatic shocks to these countries, as well as bringing constraints to their development (both in the short- and long-run). Simultaneously, in order to grant their sustainable development, they must continue to encourage investments in sustainable tourism projects and productive employment to all. Lastly, we see that the error correction mechanism has a negative and statistically significant value in the estimation, which points to the existence of a cointegration/long memory relationship between our variables.Este estudo pretende analisar os impactos do sector do turismo na eco-eficiência total de 22 países da América Latina e Caraíbas, para um período de 1995 a 2016. A metodologia twostage Data Envelopment Analysis foi utilizada para calcular primeiramente a eco-eficiência dos países da amostra (considerando as emissões de CO2 como input e o crescimento económico como output), apontado os resultados para um decréscimo da eco-eficiência na maioria dos países. Posteriormente, foi aplicado o modelo Panel Autoregressive Distributed Lag para analisar os impactos das chegadas de turistas, do investimento de capital em turismo e da contribuição direta do turismo para o emprego na eco-eficiência anteriormente calculada. Considerando a presença de dependência seccional, heterocedasticidade e autocorrelação de primeira ordem no modelo, o estimador DriscollKraay foi utilizado e os resultados indicam que as chegadas de turistas, a utilização de não renováveis para gerar (uma parte substancial da) energia elétrica para consumo e a abertura do comércio contribuem para reduzir a eco-eficiência destes países, tanto no curto como no longo prazo. Contrariamente, o investimento de capital em turismo, a contribuição direta do turismo para o emprego e o Índice de Desenvolvimento Humano promovem a ecoeficiência, no longo prazo. Estes factos sugerem que os decisores políticos devem prestar mais atenção à capacidade de carga dos destinos dado que, caso ignorem, esta pode resultar em choques ambientais e climáticos nestes países assim como constrangimentos ao seu desenvolvimento (tanto no curto como no longo prazo). Simultaneamente, para garantir o seu desenvolvimento sustentável, devem continuar a incentivar projetos de investimentos turísticos sustentáveis assim como a criação de emprego. Por fim, confirma-se que o mecanismo de correção de erros tem um valor negativo e estatisticamente significante na estimação, o que aponta para a existência de uma relação de cointegração/longa memória entre as variáveis.Fuinhas, José Alberto Serra Ferreira RodriguesMarques, António Manuel CardosouBibliorumCastilho, Daniela dos Reis2020-12-22T15:13:25Z2020-07-212020-06-292020-07-21T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.6/10872TID:202560350enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-12-15T09:52:56Zoai:ubibliorum.ubi.pt:10400.6/10872Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T00:50:43.833394Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries A two-stage DEA approach |
title |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries |
spellingShingle |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries Castilho, Daniela dos Reis Chegadas de Turistas Contribuição Direta do Turismo Para O Emprego Eco-Eficiência Investimento de Capital Em Turismo Países da América Latina e Caraíbas Two-Stage Dea Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries |
title_full |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries |
title_fullStr |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries |
title_full_unstemmed |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries |
title_sort |
The impacts of the tourism sector on the ecoefficiency of the Latin America and Caribbean countries |
author |
Castilho, Daniela dos Reis |
author_facet |
Castilho, Daniela dos Reis |
author_role |
author |
dc.contributor.none.fl_str_mv |
Fuinhas, José Alberto Serra Ferreira Rodrigues Marques, António Manuel Cardoso uBibliorum |
dc.contributor.author.fl_str_mv |
Castilho, Daniela dos Reis |
dc.subject.por.fl_str_mv |
Chegadas de Turistas Contribuição Direta do Turismo Para O Emprego Eco-Eficiência Investimento de Capital Em Turismo Países da América Latina e Caraíbas Two-Stage Dea Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Chegadas de Turistas Contribuição Direta do Turismo Para O Emprego Eco-Eficiência Investimento de Capital Em Turismo Países da América Latina e Caraíbas Two-Stage Dea Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
This paper examines the impacts of the tourism sector on the overall eco-efficiency of 22 Latin America and Caribbean countries from 1995 to 2016. A two-stage Data Envelopment Analysis methodology was used in order to first calculate the overall eco-efficiency of the countries from the sample (considering the CO2 emissions as the input and the economic growth as the output), with the outcomes pointing to an eco-efficiency decrease in the majority of countries. Posteriorly, a Panel Autoregressive Distributed Lag model was applied to analyse the impacts of tourism arrivals, tourism capital investment, and direct tourism contribution to employment on the previously calculated overall eco-efficiency. Moreover, given the presence of cross-sectional dependence, heteroscedasticity, and first order autocorrelation in the model, the Driscoll-Kraay estimator was used, and the results indicate that tourism arrivals, use of nonrenewables to generate (a substantial part of) electric power to consumption, and trade openness contributed to the decrease in these countries' eco-efficiency, both in the short- and long-run. Contrariwise, tourism capital investment, direct tourism contribution to employment, and Human Development Index seem to promote eco-efficiency in the long-run. These findings suggest that policymakers should pay attention to these destinations carrying capacity given that, if they ignore this feature, it can produce environmental and climatic shocks to these countries, as well as bringing constraints to their development (both in the short- and long-run). Simultaneously, in order to grant their sustainable development, they must continue to encourage investments in sustainable tourism projects and productive employment to all. Lastly, we see that the error correction mechanism has a negative and statistically significant value in the estimation, which points to the existence of a cointegration/long memory relationship between our variables. |
publishDate |
2020 |
dc.date.none.fl_str_mv |
2020-12-22T15:13:25Z 2020-07-21 2020-06-29 2020-07-21T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.6/10872 TID:202560350 |
url |
http://hdl.handle.net/10400.6/10872 |
identifier_str_mv |
TID:202560350 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799136397510049792 |