Research Article

Effects of tourism and economic growth on sustainable electricity consumption: Fresh evidence from Türkiye

Volume: 5 Number: 2 January 4, 2024
EN

Effects of tourism and economic growth on sustainable electricity consumption: Fresh evidence from Türkiye

Abstract

This study investigated the impact of tourism and economic growth on electricity consumption in the Turkish economy, which operates under an open system, throughout the time span from 1995 to 2022. The analysis employed the ARDL bounds test method and the wavelet-based Fourier causality test. The empirical evidence demonstrates the presence of a long-term cointegration relationship among economic growth, tourist arrivals, and consumption of electricity. The research findings indicate a positive relationship between economic growth, tourist arrivals, and power consumption. To enhance the robustness of the findings, the series underwent wavelet processing, followed by the application of Fourier causality analysis to these transformed series. Wavelet-based causality analysis reveals that trade openness exerts a significant influence on not only electricity consumption but also on tourism and economic growth. The results additionally indicate that shocks exhibit persistence across all components.

Keywords

Tourism economy, Growth, Electricity Consumption, ARDL, Wavelet

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APA
Demirtaş, C. (2024). Effects of tourism and economic growth on sustainable electricity consumption: Fresh evidence from Türkiye. Journal of Tourism Leisure and Hospitality, 5(2), 135-143. https://doi.org/10.48119/toleho.1382389
AMA
1.Demirtaş C. Effects of tourism and economic growth on sustainable electricity consumption: Fresh evidence from Türkiye. TOLEHO. 2024;5(2):135-143. doi:10.48119/toleho.1382389
Chicago
Demirtaş, Cuma. 2024. “Effects of Tourism and Economic Growth on Sustainable Electricity Consumption: Fresh Evidence from Türkiye”. Journal of Tourism Leisure and Hospitality 5 (2): 135-43. https://doi.org/10.48119/toleho.1382389.
EndNote
Demirtaş C (January 1, 2024) Effects of tourism and economic growth on sustainable electricity consumption: Fresh evidence from Türkiye. Journal of Tourism Leisure and Hospitality 5 2 135–143.
IEEE
[1]C. Demirtaş, “Effects of tourism and economic growth on sustainable electricity consumption: Fresh evidence from Türkiye”, TOLEHO, vol. 5, no. 2, pp. 135–143, Jan. 2024, doi: 10.48119/toleho.1382389.
ISNAD
Demirtaş, Cuma. “Effects of Tourism and Economic Growth on Sustainable Electricity Consumption: Fresh Evidence from Türkiye”. Journal of Tourism Leisure and Hospitality 5/2 (January 1, 2024): 135-143. https://doi.org/10.48119/toleho.1382389.
JAMA
1.Demirtaş C. Effects of tourism and economic growth on sustainable electricity consumption: Fresh evidence from Türkiye. TOLEHO. 2024;5:135–143.
MLA
Demirtaş, Cuma. “Effects of Tourism and Economic Growth on Sustainable Electricity Consumption: Fresh Evidence from Türkiye”. Journal of Tourism Leisure and Hospitality, vol. 5, no. 2, Jan. 2024, pp. 135-43, doi:10.48119/toleho.1382389.
Vancouver
1.Cuma Demirtaş. Effects of tourism and economic growth on sustainable electricity consumption: Fresh evidence from Türkiye. TOLEHO. 2024 Jan. 1;5(2):135-43. doi:10.48119/toleho.1382389