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on Tourism Economics |
| By: | Adel Ben Youssef (Université Côte d'Azur, France; GREDEG CNRS); Adelina Zeqiri (University of Prishtina "Hasan Prishtina") |
| Abstract: | This paper investigates the main principles supporting hospitality industry 4.0, the effects of hospitality industry activities on climate change, and the ways that hospitality industry 4.0 might contribute to combating climate change. In the context of the focus of contemporary industries on sustainable development, the fourth industrial revolution or industry 4.0 can be considered an enabler of sustainability. Among those industries considered to be major contributors to climate change is the hospitality industry which has increased research interest in this sector. The hospitality industry includes the travel and tourism, accommodation and food and beverages sectors all of which are contributing in different ways to greenhouse gas (GHG) emissions. The introduction of industry 4.0 technologies could help hospitality industry to reduce its effects on climate change through increased energy efficiency, recycling and re-use of water, and reduced food waste. The notion of circular hospitality involving reuse, recycling, redesign, replacement and rethinking strategies, and use of virtual reality to reduce transport and travel are enabled by industry 4.0 technologies. Hospitality industry 4.0 technologies offer new opportunities for enhancing sustainable development and reducing GHG emissions through the use of environmentally friendly approaches, to achieve the Paris agreement objectives. |
| Keywords: | Hospitality, Hospitality Industry 4.0, Climate Change, Circular Hospitality, Sustainability, Energy Efficiency |
| JEL: | Q54 L83 O33 |
| Date: | 2020–05 |
| URL: | http://d.repec.org/n?u=RePEc:gre:wpaper:2020-23&r=all |
| By: | Balsalobre-Lorente, Daniel; Driha, Oana M.; Sinha, Avik |
| Abstract: | This paper validates the tourism-led growth hypothesis for a panel of selected OECD countries, including the effects of per capita CO2, globalization and energy use during the period 1994-2014. The long-term relationship between economic growth and the above-mentioned variables is confirmed by applying unit root tests and cointegration approaches. The Generalized Method of Moments (GMM) methodology confirms a N-shaped relationship between international tourism and per capita economic growth. Globalization does not appear to be very effective in the short run for promoting economic growth; its impact on growth is determined through a finite-lag distribution, as the optimal effect can only be achieved in the long term. A direct relationship is detected between economic growth, energy use and globalization. The recommendation is to reshape regulatory frameworks with a clearer focus on promoting international tourism and more efficient energy use as a means of enhancing sustainable economic growth in developed countries. The empirical results reveal that fossil fuels account for a large part of the energy mix, so policy makers should consider reinforcing the promotion of clean energy sources and the use of more efficient processes. |
| Keywords: | tourism-led growth hypothesis, globalization, CO2 emissions, energy use |
| JEL: | L83 Q5 Q53 |
| Date: | 2020 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:100078&r=all |
| By: | Jean-François Hoarau |
| Date: | 2020 |
| URL: | http://d.repec.org/n?u=RePEc:tep:teppwp:wp20-04&r=all |