IDEAS home Printed from https://ideas.repec.org/a/taf/rcitxx/v26y2023i24p4034-4051.html
   My bibliography  Save this article

How do environmental taxes influence the effect of tourism on environmental performance? Evidence from EU countries

Author

Listed:
  • Ojonugwa Usman
  • Andrew Adewale Alola

Abstract

Evidence of the accumulation of carbon dioxide (CO2) and other greenhouse gases (GHGs) over the years is placing greater emphasis on the use of taxes to achieve a sustainable environment. This study evaluates the effectiveness of environmental taxes in mitigating the effect of tourism on environmental performance in EU-28 countries for the period 2002–2019. The empirical results of the panel threshold regression model suggest that the effect of tourism on environmental performance is dependent on the level of environmental taxes. Particularly, the effect of tourism on environmental performance is insignificant when environmental taxes are below the threshold level of 9.43%. However, once environmental taxes cross a threshold level, tourism would improve environmental performance. This suggests a significant difference in the way tourism influences environmental performance during periods of lower and higher environmental taxes. These findings, therefore, provide insights to policymakers and other stakeholders on the use of environmental taxes as an instrument to avert environmental degradation, and thus mitigate global warming and other significant climate changes.

Suggested Citation

  • Ojonugwa Usman & Andrew Adewale Alola, 2023. "How do environmental taxes influence the effect of tourism on environmental performance? Evidence from EU countries," Current Issues in Tourism, Taylor & Francis Journals, vol. 26(24), pages 4034-4051, December.
    • Handle: RePEc:taf:rcitxx:v:26:y:2023:i:24:p:4034-4051
    DOI: 10.1080/13683500.2022.2157706
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13683500.2022.2157706
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13683500.2022.2157706?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rcitxx:v:26:y:2023:i:24:p:4034-4051. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcit .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.