Media Trend: Berkala Kajian Ekonomi dan Studi Pembangunan
Vol 14, No 2 (2019): OKTOBER

The Impacts Of Inbound Tourism Activities And Macroeconomic Variables On Environmental Degradation In Asean-4

Ekan Widiarso (Faculty of Economic and Business, University of Jember,Indonesia)
Regina Niken Wilantari (Faculty of Economics and Business, University of jember, Jember, Indonesia)
Agus Luthfi (Faculty of Economics and Business, University of jember, Jember, Indonesia)



Article Info

Publish Date
27 Dec 2019

Abstract

This study aims to analyze the impacts and causal relationship between inbound tourism activities and macroeconomic variables on environmental degradation and  to analyze the environmental degradation response due to shocks that occur in inbound tourism activities and macroeconomic variables in four countries with the highest international tourist visits in the ASEAN region of Indonesia, Malaysia, Singapore and Thailand known as ASEAN-4 for Periode 1995-2015. The method used in the research is panel vector error correction model (PVECM). The results showed that inbound tourism activities positively influence in the long-term and short-term  environmental degradation in ASEAN-4. Among  macroeconomic variables only gross domestic product (GDP) positively affects environmental degradation in the long term and short term whereas energy consumption only affects environmental degradation in the short term. There is a direct causal relationship of inbound  tourism activity with environmental degradation and environmental degradation with GDP. Energy consumption and environmental degradation manifest  bidirectional causality with a feedback effect. Impulse response function indicates environmental degradation responds negatively to the shocks that occur in Inbound tourism and GDP activities. The positive response is indicated by environmental degradation in case of shock to energy consumption.

Copyrights © 2019






Journal Info

Abbrev

MEDIATREND

Publisher

Subject

Economics, Econometrics & Finance

Description

Economic Development Program provides a platform for researchers who want to publish their research results through "MEDIATREND", the periodical Journal of economic studies and development studies. Journal "MEDIATREND" published two (2) times a year in March and October and can be accessed online. ...