ENERGY TRAILS OF TOURISM: ANALYZING THE RELATIONSHIP BETWEEN TOURIST ARRIVALS AND ENERGY CONSUMPTION IN MALAYSIA

Q1 Social Sciences Geojournal of Tourism and Geosites Pub Date : 2023-12-29 DOI:10.30892/gtg.514spl19-1174

Asif Raihan, Liton Chandra Voumik, M. A. Esquivias, Abdul Rahim Ridzuan, Nora Yusma Mohamed Yusoff, Asmaul Husna Haris Fadzilah, Sahoo Malayaranjan

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Abstract

This study aims to investigate the long-term relationship between Malaysian tourism, energy consumption, and their association with economic growth, and financial development, using the Autoregressive Distributed Lag (ARDL) method. Utilizing annual data spanning from 1990 to 2020, this research examines how increased international tourist arrivals, economic growth, and financial development contribute to energy consumption in Malaysia. The study's findings reveal that growing tourism escalates energy demands for transportation, accommodation, and leisure activities. Furthermore, economic expansion drives energy usage through business expansion and increased industrial activities. Financial progress facilitates capital accessibility, leading to investments in energy-intensive sectors. In conclusion, to ensure sustainable future energy demand, this study underscores the importance of eco-friendly tourism practices that stimulate economic growth while minimizing emissions. Sustainable economic and financial strategies are also essential.

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旅游业的能源足迹：分析马来西亚游客人数与能源消耗之间的关系

本研究采用自回归分布滞后（ARDL）方法，旨在探讨马来西亚旅游业、能源消耗及其与经济增长和金融发展之间的长期关系。利用 1990 年至 2020 年的年度数据，本研究探讨了国际游客人数的增长、经济增长和金融发展如何促进马来西亚的能源消耗。研究结果表明，不断增长的旅游业增加了交通、住宿和休闲活动的能源需求。此外，经济扩张通过业务扩张和工业活动的增加推动了能源使用。金融业的发展促进了资本的获取，从而带动了对能源密集型行业的投资。总之，为确保未来能源需求的可持续发展，本研究强调了生态友好型旅游业在刺激经济增长的同时最大限度减少排放的重要性。可持续的经济和金融战略也至关重要。

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来源期刊

Geojournal of Tourism and Geosites Social Sciences-Geography, Planning and Development

CiteScore

3.90

自引率

0.00%

发文量

156

审稿时长

24 weeks

期刊介绍： GeoJournal of Tourism and Geosites is a scientific publication, with an international status. The Journal is issued under the aegis of the University of Oradea, Department of Geography, Tourism and Territorial Planning, Territorial Studies and Analysis Centre (Romania) and the Academy of Physical Education and Sports from Gdańsk, Faculty of Tourism and Recreation (Poland). At the initiative of an international group of specialists, based on an editorial and scientific committee with a wide international coverage, including leading figures in the field, in 2008 was published the first English issue of the GeoJournal of Tourism and Geosites. The printable format (2-3 issues per year) is supported by the on-line version. The journal aims to publish relevant contributions in tourism, geosites and other areas whose analysis is related to these fields, standing out through originality and scientific contribution to the knowledge and development of this area. An important objective is to promote academic and applied research based on interdisciplinarity with a complex local and global approach.