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Nexus between tourism, hydropower, and CO2 emissions in India: fresh insights from ARDL and cumulative fourier frequency domain causality

Author

Listed:
  • Arunava Bandyopadhyay

    (Indian Institute of Technology Kharagpur
    University of Petroleum & Energy Studies)

  • Soumen Rej

    (Indian Institute of Technology Kharagpur
    University of Petroleum & Energy Studies)

  • Kashif Raza Abbasi

    (Shanghai University
    ILMA University)

  • Ashar Awan

    (Nisantasi University
    University of Azad Jammu and Kashmir)

Abstract

Tourism industry is the lifeblood of many developing economies across the globe, and India is a hotspot of diverse cultural heritage and a beautiful natural landscape that has emerged as an attractive tourism destination recently. However, the global challenges of greenhouse gas emission have been acting as a detriment in sustainable tourism-led economic growth for India. In this study, the relationship between economic growth, hydropower consumption, and CO2 emission has been revisited for India by including tourism polynomials and energy intensity in the Environmental Kuznets Curve specification. The unique outcome provides evidence of “Inverted N-shaped” relationship between tourism and CO2 emission. Further, the negative impact of hydropower consumption suggests that a higher proportion of hydropower in the Indian energy mix would help to achieve its sustainable development goals while accelerating its economic growth. The outcome suggests sustainable tourism practices aligned with capital investment and hydropower promotion to achieve environmental sustainability in India.

Suggested Citation

  • Arunava Bandyopadhyay & Soumen Rej & Kashif Raza Abbasi & Ashar Awan, 2023. "Nexus between tourism, hydropower, and CO2 emissions in India: fresh insights from ARDL and cumulative fourier frequency domain causality," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(10), pages 10903-10927, October.
    • Handle: RePEc:spr:endesu:v:25:y:2023:i:10:d:10.1007_s10668-022-02511-3
    DOI: 10.1007/s10668-022-02511-3
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