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