Renewable Energy Matters for Tourism Industry in BRICS Plus Turkey Countries

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dc.contributor.authorSatrovic, Elma
dc.contributor.authorMuslija, Adnan
dc.contributor.authorOzelturkay, Eda Yasa
dc.date.accessioned2025-03-07T20:00:25Z
dc.date.available2025-03-07T20:00:25Z
dc.date.issued2020
dc.departmentÇağ Üniversitesi
dc.descriptionInternational Conference on Strategic Innovative Marketing and Tourism, ICSIMAT 2019
dc.description.abstractThe scope of this paper is to investigate whether or not the renewable energy influences the tourism industry in the case of BRICS plus Turkey countries. Due to the fact that the primary energy source in these countries is fossil fuels, this has risen up a serious concern on environmental issues. The motivation to select these countries lies in the fact that all of these six have recorded an exponential economic growth in the last few decades. As a consequence, the standard of living has been increased as well as the energy consumption. Thus, the annual panel data are collected in the period between 1995 and 2015 in the case of BRICS countries plus Turkey to explore the link of interest. We have employed the panel VAR methodology. The most important findings suggest a response of tourism industry to renewable energy to be significant and negative. However, this negative relationship holds true in the short-run while the long-run impact tends to be positive. These results can be of great importance for policy makers, thus this paper summarizes in detail the policy implications. © 2020, Springer Nature Switzerland AG.
dc.identifier.doi10.1007/978-3-030-36126-6_17
dc.identifier.endpage158
dc.identifier.isbn978-303036125-9
dc.identifier.issn2198-7246
dc.identifier.scopus2-s2.0-85126096921
dc.identifier.scopusqualityQ4
dc.identifier.startpage149
dc.identifier.urihttps://doi.org/10.1007/978-3-030-36126-6_17
dc.identifier.urihttps://hdl.handle.net/20.500.12507/2568
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSpringer Science and Business Media B.V.
dc.relation.ispartofSpringer Proceedings in Business and Economics
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_20241226
dc.subjectBRICS countries
dc.subjectRenewable energy
dc.subjectTourism
dc.subjectTurkey
dc.titleRenewable Energy Matters for Tourism Industry in BRICS Plus Turkey Countries
dc.typeConference Object

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