Evaluating the mitigating potential of tourism on economic growth-induced ecological footprint: Insights from Asian countries

Over the past three decades, Asian countries have experienced rapid economic growth, leading to a substantial increase in ecological footprint and posing significant challenges to sustainability. This study investigates the potential of tourism as a sustainable development strategy to mitigate the e...

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Main Author: Bin Guo
Format: Article
Language:English
Published: Elsevier 2024-11-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844024146348
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author Bin Guo
author_facet Bin Guo
author_sort Bin Guo
collection DOAJ
description Over the past three decades, Asian countries have experienced rapid economic growth, leading to a substantial increase in ecological footprint and posing significant challenges to sustainability. This study investigates the potential of tourism as a sustainable development strategy to mitigate the ecological footprint induced by economic growth. Utilizing data from 1990 to 2022 across 28 Asian countries, rigorous econometric methods including panel cointegration tests were employed to detect co-integration relationships. The results not only confirm the existence of co-integration but also reveal that tourism plays a crucial role in reducing the ecological footprint associated with economic growth in Asian countries. Furthermore, the study identifies specific mechanisms through which tourism contributes to mitigating environmental impact, such as promoting sustainable practices, conservation efforts, and eco-friendly infrastructure development. These findings underscore the importance of integrating tourism into sustainable development strategies and highlight its potential to balance economic growth with environmental conservation in Asian nations. This research provides actionable insights for policymakers and stakeholders, emphasizing the need for sustainable tourism initiatives to address the challenges of economic growth-induced ecological footprint in Asia.
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issn 2405-8440
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spelling doaj-art-5304d40fd65e4db58dff2d85e68950a02024-11-15T06:12:22ZengElsevierHeliyon2405-84402024-11-011021e38603Evaluating the mitigating potential of tourism on economic growth-induced ecological footprint: Insights from Asian countriesBin Guo0Geely University of China, Chengdu, Wang Lingji, Guo Bin, 610000, ChinaOver the past three decades, Asian countries have experienced rapid economic growth, leading to a substantial increase in ecological footprint and posing significant challenges to sustainability. This study investigates the potential of tourism as a sustainable development strategy to mitigate the ecological footprint induced by economic growth. Utilizing data from 1990 to 2022 across 28 Asian countries, rigorous econometric methods including panel cointegration tests were employed to detect co-integration relationships. The results not only confirm the existence of co-integration but also reveal that tourism plays a crucial role in reducing the ecological footprint associated with economic growth in Asian countries. Furthermore, the study identifies specific mechanisms through which tourism contributes to mitigating environmental impact, such as promoting sustainable practices, conservation efforts, and eco-friendly infrastructure development. These findings underscore the importance of integrating tourism into sustainable development strategies and highlight its potential to balance economic growth with environmental conservation in Asian nations. This research provides actionable insights for policymakers and stakeholders, emphasizing the need for sustainable tourism initiatives to address the challenges of economic growth-induced ecological footprint in Asia.http://www.sciencedirect.com/science/article/pii/S2405844024146348Tourism developmentEcological footprintEconomic developmentNon-linear approachSustainable development
spellingShingle Bin Guo
Evaluating the mitigating potential of tourism on economic growth-induced ecological footprint: Insights from Asian countries
Heliyon
Tourism development
Ecological footprint
Economic development
Non-linear approach
Sustainable development
title Evaluating the mitigating potential of tourism on economic growth-induced ecological footprint: Insights from Asian countries
title_full Evaluating the mitigating potential of tourism on economic growth-induced ecological footprint: Insights from Asian countries
title_fullStr Evaluating the mitigating potential of tourism on economic growth-induced ecological footprint: Insights from Asian countries
title_full_unstemmed Evaluating the mitigating potential of tourism on economic growth-induced ecological footprint: Insights from Asian countries
title_short Evaluating the mitigating potential of tourism on economic growth-induced ecological footprint: Insights from Asian countries
title_sort evaluating the mitigating potential of tourism on economic growth induced ecological footprint insights from asian countries
topic Tourism development
Ecological footprint
Economic development
Non-linear approach
Sustainable development
url http://www.sciencedirect.com/science/article/pii/S2405844024146348
work_keys_str_mv AT binguo evaluatingthemitigatingpotentialoftourismoneconomicgrowthinducedecologicalfootprintinsightsfromasiancountries