Tourism at the Crossroads between Well-Being, Public Health and the Environment: Panel Data Evidence from the European Union
Abstract
:1. Introduction
2. Literature Review
2.1. Environmental Protection, Health, Well-Being and Happiness
2.2. Perspectives on Happiness, Environment and Tourism
2.2.1. Happiness, Environment and Tourism: A Tourists’ Perspective
2.2.2. Happiness, Environment and Tourism: A Residents’ Perspective
2.3. International Tourism and Global Public Health
3. Data and Methodology
4. Calculation
5. Empirical Results and Discussion
6. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Conflicts of Interest
Appendix A
Dependent Variable: International Tourism Measured by the Number of Arrivals | ||||||||
---|---|---|---|---|---|---|---|---|
Country | Model 1 | Model 2 | ||||||
ECT | HAPP | ENV | HAPP × ENV | ECT | HAPP | HEALTH | HAPP × HEALTH | |
Short-term coefficients | Short-term coefficients | |||||||
Austria | 0.03 *** | −0.35 | −0.07 | 0.02 | 0.03 *** | 2.66 | 0.69 | −0.34 |
Belgium | 0.03 *** | 6.66 | 1.84 | −0.89 * | 0.03 *** | 4.45 | 1.31 | −0.64 |
Bulgaria | 0.07 *** | 6.09 | 1.45 * | −1.03 ** | −0.01 *** | 0.18 | 0.45 | −0.06 |
Cyprus | −0.07 *** | −1.41 | −0.74 | 0.32 | 0.05 *** | 2.24 | 0.42 | −0.29 |
Denmark | 0.08 *** | 5.05 | 1.22 | −0.48 | 0.08 *** | 22.05 | 5.23 | −2.45 |
Czech Rep. | −0.01 ** | 10.61 | 2.41 | −1.37 | −0.01 | 9.55 | 2.17 | −1.30 |
Croatia | −0.16 *** | −29.92 | −9.26 | 5.19 | −0.16 *** | −28.98 | −7.66 | 4.33 |
Estonia | −0.02 *** | 1.69 | 0.51 | −0.29 * | −0.04 *** | 2.74 | 0.70 | −0.40 * |
Finland | −0.19 *** | −7.05 | −2.07 | 0.98 | −0.09 *** | −6.44 | −1.52 | 0.71 |
France | 0.02 *** | 24.37 | 4.59 * | −2.40 ** | 0.05 *** | 24.12 | 5.52 * | −2.85 ** |
Greece | −0.15 *** | −6.99 | −1.64 *** | 1.04 *** | −0.07 *** | −7.36 | −2.43 * | 1.16 ** |
Germany | 0.01 *** | 33.72 | 6.60 | −3.45 | 0.01 *** | 10.36 | 2.36 | −1.24 |
Hungary | 0.04 *** | −0.82 | −0.23 | 0.12 | −0.22 *** | −2.75 | −0.84 | 0.37 |
Ireland | −0.008 ** | 0.94 | 0.33 | −0.14 | 0.007 *** | −7.43 | −1.69 | 0.86 |
Italy | −0.01 *** | −12.04 | −2.23 | 1.23 | 0.08 *** | −4.81 | −1.12 | 0.58 |
Lithuania | −0.01 *** | −1.40 | −0.58 ** | 0.34 *** | −0.004 ** | −5.68 | −1.42 ** | 0.90 ** |
Luxembourg | −0.02 *** | −11.20 | −4.10 | 1.98 * | −0.08 *** | −49.91 | −12.11 | 5.87 |
Latvia | −0.22 *** | −1.08 | −0.21 | 0.16 | −0.33 *** | −5.45 | −1.32 | 0.89 |
Malta | 0.08 *** | 0.67 | 0.36 | −0.18 | 0.07 *** | 2.49 | 1.05 | −0.41 |
Nederland | 0.01 *** | −39.97 | −9.22 | 4.36 | 0.01 *** | −22.28 | −5.93 | 2.75 |
Poland | −0.09 *** | −21.24 | −4.90 | 2.69 | −0.34 *** | 13.29 | 3.62 | −2.07 |
Portugal | −0.05 *** | 8.05 | 1.66 | −1.02 | −0.009 | −0.61 | −0.78 | 0.15 |
Romania | 0.05 *** | −4.44 | −1.45 *** | 0.88 *** | −0.006 ** | −5.54 | −1.56 * | 1.15 *** |
Slovakia | −0.07 *** | 8.92 | 2.45 | −1.52 * | −0.03 *** | 7.86 | 2.11 | −1.30 * |
Slovenia | −0.004 | −4.59 | −1.80 | 0.91 | 0.009 *** | −42.86 | −11.24 | 5.94 |
Spain | −0.01 *** | −2.62 | −0.46 | 0.28 | −0.02 *** | −2.78 | −0.59 | 0.35 |
Sweden | −0.06 *** | −103.6 | −27.82 | 13.97 | −0.006 * | −72.42 | −16.74 | 8.81 |
Dependent Variable: International Tourism Measured by Receipts in Current USD | ||||||||
---|---|---|---|---|---|---|---|---|
Country | Model 3 | Model 4 | ||||||
ECT | HAPP | ENV | HAPP × ENV | ECT | HAPP | HEALTH | HAPP × HEALTH | |
Short-term coefficients | Short-term coefficients | |||||||
Austria | 0.04 *** | −11.83 | −2.56 | 1.53 | 0.04 ** | 2.20 | 1.41 | −0.28 |
Belgium | 0.02 *** | 0.97 | 0.32 | 0.15 | −0.11 ** | −5.85 | −1.07 | 0.92 |
Bulgaria | 0.04 *** | 4.82 | 1.25 | −0.78 | −0.51 *** | 15.44 | 4.80 | −2.52 |
Cyprus | 0.02 *** | 0.93 | 0.37 | −0.19 | −0.27 *** | −6.48 | −1.06 | 0.90 |
Denmark | −0.05 *** | −60.86 | −17.05 | 8.18 | −0.02 | −17.78 | −3.58 | 1.93 |
Czech Rep. | −0.08 ** | 11.37 | 2.95 | −1.46 | −0.26 *** | 10.12 | 3.11 | −1.38 |
Croatia | 0.01 *** | −80.02 | −22.89 | 13.43 | −0.39 *** | −37.43 | −9.19 | 5.52 |
Estonia | 0.03 *** | −3.03 | −1.83 | 1.10 | −0.26 *** | −1.99 | −0.17 | 0.53 |
Finland | −0.07 *** | 45.14 | 14.75 | −7.18 | −0.04 | −35.80 | −7.00 | 4.16 |
France | −0.38 *** | 27.37 | 5.40 | −2.72 | −0.30 *** | 15.83 | 3.89 | −1.89 |
Greece | 0.03 *** | −0.08 | 0.02 | 0.14 | −0.20 *** | −5.60 | −1.54 | 0.96 * |
Germany | −0.17 *** | 25.73 | 5.50 | −2.59 | −0.03 ** | 21.36 | 5.70 | −2.56 |
Hungary | 0.04 *** | 11.03 | 2.81 | −1.61 | −0.13 *** | −0.91 | −0.10 | 0.20 |
Ireland | −0.08 ** | 13.89 | 4.11 | −1.91 | −0.004 | −1.05 | 0.29 | 0.13 |
Italy | −0.05 *** | −4.95 | −0.41 | 0.51 | −0.11 *** | −3.91 | −0.20 | 0.51 |
Lithuania | 0.01 *** | 3.17 | 0.78 | −0.42 | −0.21 *** | 9.61 | 2.99* | −1.36 ** |
Luxemburg | −0.32 *** | −5.39 | −2.13 | 0.97 | −0.27 *** | −99.32 | −23.19 | 11.59 |
Latvia | −0.07 *** | −3.22 | −1.30 | 0.83 | −0.32 *** | −2.48 | −0.76 | 0.73 |
Malta | −0.05 *** | 3.89 | 1.47 | −0.74 | −0.54 *** | 3.15 | 1.13 | −0.36 |
Nederland | −0.06 *** | −52.73 | −10.68 | 5.25 | −0.13 *** | −5.48 | 0.09 | 0.19 |
Poland | −0.36 *** | −8.61 | −1.89 | 1.13 | −0.73 *** | −48.88 | −12.82 | 7.72 |
Portugal | 0.05 *** | −11.88 | −2.18 | 1.70 | −0.01 *** | 2.70 | 1.14 | −0.32 |
Romania | 0.01 * | −5.36 | −1.37 | 1.16 | −0.33 *** | −7.01 | −1.72 | 1.44 * |
Slovakia | −0.19 *** | −4.66 | −1.16 | 0.64 | −0.45 *** | −12.17 | −2.88 | 1.82 |
Slovenia | −0.12 *** | 32.83 | 11.39 | −5.88 | −0.01 ** | −6.88 | −0.95 | 1.00 |
Spain | −0.49 *** | −17.70 | −2.61 | 2.11 | −0.92 *** | −66.90 | −16.06 | 8.98 |
Sweden | −0.10 *** | −4.01 | −1.44 | 0.78 | −0.23 *** | 9.49 | 1.86 | −0.86 |
References
- World Travel and Tourism Council (WTTC). Economic Impact Reports. Available online: https://wttc.org/research/economic-Impact (accessed on 1 April 2022).
- World Tourism Organization (UNWTO). 2020: A Year in Review. Available online: www.unwto.org/covid-19-and-tourism-2020 (accessed on 8 December 2021).
- OECD. Tourism Trends and Policies 2020; OECD Publishing: Paris, France, 2020. [Google Scholar]
- UNWTO. Tourism Recovery Gains Momentum as Restrictions Ease and Confidence Returns. June 2022. Available online: https://www.unwto.org/taxonomy/term/347 (accessed on 7 March 2022).
- Krekel, C.; MacKerron, G. How Environmental Quality Affects Our Happiness. In World Happiness Report 2020; Helliwell, J.F., Layard, R., Sachs, J., De Neve, J., Eds.; Sustainable Development Solutions Network: New York, NY, USA, 2020; pp. 95–112. [Google Scholar]
- D’Uva, M.; Bonasia, M.; Napolitano, O.; De Simone, E. Does a Better Protected Environment Enhance Happiness in European Countries? In Proceedings of International Academic Conferences 10012458; International Institute of Social and Economic Sciences: Dubai, United Arab Emirates, 2020; pp. 11–12. [Google Scholar]
- Ram, Y.; Nawijn, J.; Peeters, P.M. Happiness and limits to sustainable tourism mobility: A new conceptual model. J. Sustain. Tour. 2013, 21, 1017–1035. [Google Scholar] [CrossRef]
- European Commission. Eurobarometer Surveys on Public Attitudes to the Environment. Available online: https://ec.europa.eu/environment/eurobarometers_en.htm (accessed on 3 December 2021).
- OECD. Better Life Index. Environment. Available online: http://www.oecdbetterlifeindex.org/topics/environment/ (accessed on 3 December 2021).
- Lvovsky, K. Health and Environment, October 2001; The International Bank for Reconstruction and Development/The World Bank: Washington, DC, USA, 2001. [Google Scholar]
- Brereton, F.; Clinch, J.P.; Ferreira, S. Happiness. Geography and the environment. Ecol. Econ. 2008, 65, 386–396. [Google Scholar] [CrossRef]
- MacKerron, G.; Mourato, S. Happiness is greater in natural environments. Glob. Environ. Chang. 2013, 23, 992–1000. [Google Scholar] [CrossRef]
- Saenz-de-Miera, O.; Rossello, J. Modeling tourism impacts on air pollution: The case study of PM10 in Mallorca. Tour. Manag. 2014, 40, 273–281. [Google Scholar] [CrossRef]
- Zhang, L.; Gao, J. Exploring the effects of international tourism on China’s economic growth, energy consumption and environmental pollution: Evidence from a regional panel analysis. Renew. Sustain. Energy Rev. 2016, 53, 225–234. [Google Scholar] [CrossRef]
- Blázquez-Fernández, C.; Cantarero-Prieto, D.; Pascual-Sáez, M. On the nexus of air pollution and health expenditures: New empirical evidence. Gac. Sanit. 2019, 33, 389–394. [Google Scholar] [CrossRef]
- Song, Y.; Zhou, A.; Zhang, M. Exploring the effect of subjective air pollution on happiness in China. Environ. Sci. Pollut. Res. 2020, 27, 43299–43311. [Google Scholar] [CrossRef]
- Ulrich, R.S.; Simons, R.F.; Losito, B.D.; Fiorito, E.; Miles, M.A.; Zelson, M. Stress recovery during exposure to natural and urban environments. J. Environ. Psychol. 1991, 11, 201–230. [Google Scholar] [CrossRef]
- Guite, H.F.; Clark, C.; Ackrill, G. The impact of the physical and urban environment on mental well-being. Public Health 2006, 120, 1117–1126. [Google Scholar] [CrossRef]
- Berman, M.G.; Jonides, J.; Kaplan, S. The cognitive benefits of interacting with nature. Psychol. Sci. 2008, 19, 1207–1212. [Google Scholar] [CrossRef]
- Blank, C.; Gatterer, K.; Leichtfried, V.; Pollhammer, D.; Mair-Raggautz, M.; Duschek, S.; Humpeler, E.; Schobersberger, W. Short Vacation Improves Stress-Level and Well-Being in German-Speaking Middle-Managers—A Randomized Controlled Trial. Int. J. Environ. Res. Public Health 2018, 15, 130. [Google Scholar] [CrossRef]
- Zhang, Q.; Zhang, H.; Xu, H. Health tourism destinations as therapeutic landscapes: Understanding the health perceptions of senior seasonal migrants. Soc. Sci. Med. 2021, 279, 113951. [Google Scholar] [CrossRef]
- Zhao, X.; Sun, Z. The effect of satisfaction with environmental performance on subjective well-being in China: GDP as a moderating factor. Sustainability 2020, 12, 1745. [Google Scholar] [CrossRef]
- Helliwell, J.F.; Layard, R.; Sachs, J.; De Neve, J.E. World Happiness Report 2020; Sustainable Development Solutions Network: New York, NY, USA, 2020. [Google Scholar]
- Sulemana, I. Are happier people more willing to make income sacrifices to protect the environment? Soc. Indic. Res. 2016, 127, 447–467. [Google Scholar] [CrossRef]
- Lin, Y.-C.; Shih, H.-S.; Lai, C.-Y.; Tai, J.-K. Investigating a Potential Map of PM2.5 Air Pollution and Risk for Tourist Attractions in Hsinchu County, Taiwan. Int. J. Environ. Res. Public Health 2020, 17, 8691. [Google Scholar] [CrossRef]
- Bartolini, S. Building sustainability through greater happiness. Econ. Labour Relat. Rev. 2014, 25, 587–602. [Google Scholar] [CrossRef]
- Veenhoven, R. World Database of Happiness. Available online: http://www.eur.nl/fsw/research/happiness/ (accessed on 20 March 2021).
- Brockmann, H.; Delhey, J.; Welzel, C.; Yuan, H. The China puzzle: Falling happiness in a rising economy. J. Happiness Stud. 2009, 104, 387–405. [Google Scholar] [CrossRef]
- Senik, C. Wealth and happiness. Oxf. Rev. Econ. Policy 2014, 30, 92–108. [Google Scholar] [CrossRef]
- Nguyen, B.K.Q.; Le, V. The relationship between global wealth and happiness: An analytical study of returns and volatility spillovers. Borsa Istanb. Rev. 2021, 21, S80–S89. [Google Scholar] [CrossRef]
- Frey, B.S.; Stutzer, A. What can economists learn from happiness research? J. Econ. Lit. 2002, 40, 402–435. [Google Scholar] [CrossRef]
- Bimonte, S.; Faralla, V. Happiness and nature-based vacations: Is there any relationship? Ann. Tour. Res. 2014, 46, 176–178. [Google Scholar] [CrossRef]
- Parsons, H.; Houge Mackenzie, S.; Filep, S.; Brymer, E. Subjective Well-Being and Leisure. In Good Health and Well-Being. Encyclopedia of the UN Sustainable Development Goals; Wall, W., Azul, T., Brandli, A., Özuyar, L., Leal Filho, L., Eds.; Springer: Cham, Switzerland, 2019. [Google Scholar] [CrossRef]
- Lin, H.-H.; Chang, K.-H.; Tseng, C.-H.; Lee, Y.-S.; Hung, C.-H. Can the Development of Religious and Cultural Tourism Build a Sustainable and Friendly Life and Leisure Environment for the Elderly and Promote Physical and Mental Health? Int. J. Environ. Res. Public Health 2021, 18, 11989. [Google Scholar] [CrossRef]
- Filep, S.; Deery, M. Towards a Picture of Tourists’ Happiness. Tour. Anal. 2010, 15, 399–410. [Google Scholar] [CrossRef]
- Corvo, P. The Pursuit of Happiness and the Globalized Tourist. Soc. Indic. Res. 2011, 102, 93–97. [Google Scholar] [CrossRef]
- Chen, Y.; Li, X.R. Does a happy destination bring you happiness? Evidence from Swiss inbound tourism. Tour. Manag. 2018, 65, 256–266. [Google Scholar] [CrossRef]
- Nawijn, J. Happiness through vacationing: Just a temporary boost or long-term benefits? J. Happiness Stud. 2011, 12, 651–665. [Google Scholar] [CrossRef]
- Kwon, J.; Lee, H. Why travel prolongs happiness: Longitudinal analysis using a latent growth model. Tour. Manag. 2020, 76, 103944. [Google Scholar] [CrossRef]
- Pinna, M.; Correia, A.; Del Chiappa, G. Pursuing Happiness While on Holidays. In Proceedings Book 4th Interdisciplinary Tourism Research Conference, Bodrum, Turkey, 24–29 May 2016; Kozak, M., Kozak, N., Eds.; Bizim Büro Matbaacılık ve Basımevi: Ankara, Turkey, 2016. [Google Scholar]
- Mccabe, S.; Johnson, S. The happiness factor in tourism: Subjective well-being and social tourism. Ann. Tour. Res. 2013, 41, 42–65. [Google Scholar] [CrossRef]
- Liu, Y.; Suk, S. Coupling and Coordinating Relationship between Tourism Economy and Ecological Environment-A Case Study of Nagasaki Prefecture, Japan. Int. J. Environ. Res. Public Health 2021, 18, 12818. [Google Scholar] [CrossRef]
- Geng, Y.; Wang, R.; Wei, Z.; Zhai, Q. Temporal-spatial measurement and prediction between air environment and inbound tourism: Case of China. J. Clean. Prod. 2021, 287, 125486. [Google Scholar] [CrossRef]
- Pratt, S.; McCabe, S.; Movono, A. Gross happiness of a ‘tourism’ village in Fiji. J. Destin. Mark. Manag. 2016, 5, 26–35. [Google Scholar] [CrossRef]
- Rivera, M.R.; Croes, R.; Lee, S.H. Tourism development and happiness: A residents’ perspective. J. Destin. Mark. Manag. 2016, 5, 5–15. [Google Scholar] [CrossRef]
- Sánchez-Teba, E.M.; Benítez-Márquez, M.D.; Romero-Navas, T. Residents’ negative perceptions towards tourism, loyalty and happiness: The case of Fuengirola, Spain. Sustainability 2019, 11, 6841. [Google Scholar] [CrossRef]
- Okulicz-Kozaryn, A.; Strzelecka, M. Happy tourists, unhappy locals. Soc. Indic. Res. 2017, 134, 789–804. [Google Scholar] [CrossRef]
- Doxey, G.V. A causation theory of visitor-resident irritants: Methodology and Research Inferences. The Impact of Tourism. In Proceedings of the Sixth Annual Conference Proceedings of the Travel Research Association, San Diego, CA, USA, 8–11 September 1975; pp. 195–198. [Google Scholar]
- Musikanski, L.; Rogers, P.; Smith, S.; Koldowski, J.; Iriarte, L. Planet happiness: A proposition to address overtourism and guide responsible tourism, happiness, well-being and sustainability in world heritage sites and beyond. Int. J. Community Well-Being 2019, 2, 359–371. [Google Scholar] [CrossRef]
- Kuzuoglu, S.; Ata, S.; Hatipoglu, B.; Ertuna, B. Subjective well-being in world heritage sites: Localization and thematic integration of the happiness index for Turkey. Int. J. Community Well-Being 2020, 3, 223–240. [Google Scholar] [CrossRef]
- Gholipour, H.F.; Tajaddini, R.; Nguyen, J. Happiness and inbound tourism. Ann. Tour. Res. 2016, 57, 234–278. [Google Scholar] [CrossRef]
- Shamsuddin, M.; Katsaiti, M.S. Migration and happiness: Evidence from Germany. J. Happiness Stud. 2020, 21, 2931–2955. [Google Scholar] [CrossRef]
- Fricker, M.; Steffen, R. Travel and public health. J. Infect. Public Health 2008, 1, 72–77. [Google Scholar] [CrossRef] [Green Version]
- Tseng, K.-C.; Lin, H.-H.; Lin, J.-W.; Chen, I.-S.; Hsu, C.-H. Under the COVID-19 Environment, Will Tourism Decision Making, Environmental Risks, and Epidemic Prevention Attitudes Affect the People’s Firm Belief in Participating in Leisure Tourism Activities? Int. J. Environ. Res. Public Health 2021, 18, 7539. [Google Scholar] [CrossRef]
- Richter, L.K. International tourism and its global public health consequences. J. Travel Res. 2003, 42, 340–347. [Google Scholar] [CrossRef]
- Wen, J.; Zheng, D.; Hou, S.; Phau, I.; Wang, W. Tourism as a dementia treatment based on positive psychology. Tour. Manag. 2022, 92, 104556. [Google Scholar] [CrossRef]
- Jiang, Y.; Wen, J.; Zheng, D.; Phau, I.; Wang, W. Pandemic prevention via tourism: A conceptual framework. Ann. Tour. Res. 2022, 96, 103463. [Google Scholar] [CrossRef]
- Salisu, A.A.; Akanni, L.O.; Vo, X.V. Volatility spillovers and hedging effectiveness between health and tourism stocks: Empirical evidence from the US. Int. Rev. Econ. Financ. 2021, 74, 150–159. [Google Scholar] [CrossRef]
- Rossello, J.; Santana-Gallego, M.; Awan, W. Infectious disease risk and international tourism demand. Health Policy Plan. 2017, 32, 538–548. [Google Scholar] [CrossRef]
- World Bank. DataBank. World Development Indicators. Available online: https://databank.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG/1ff4a498/Popular-Indicators (accessed on 10 December 2021).
- World Database of Happiness. Happiness in Nations (Erasmus University Rotterdam). Available online: https://worlddatabaseofhappiness-archive.eur.nl/hap_nat/nat_fp.php?mode=1 (accessed on 10 December 2021).
- Eurostat. Database. Available online: https://ec.europa.eu/eurostat/data/database (accessed on 10 December 2021).
- Freudenberg, M. Composite Indicators of Country Performance; Organisation for Economic Co-Operation and Development (OECD): Paris, France, 2003; Available online: https://www.researchgate.net/publication/273697960_Composite_Indicators (accessed on 10 December 2021).
- Badulescu, D.; Simut, R.; Badulescu, A.; Badulescu, A.-V. The Relative Effects of Economic Growth, Environmental Pollution and Non-Communicable Diseases on Health Expenditures in European Union Countries. Int. J. Environ. Res. Public Health 2019, 16, 5115. [Google Scholar] [CrossRef]
- Badulescu, A.; Badulescu, D.; Simut, R.; Dzitac, S. Tourism–economic growth nexus. The case of Romania. Technol. Econ. Dev. Econ. 2020, 26, 867–884. [Google Scholar] [CrossRef]
- Badulescu, D.; Simut, R.; Mester, I.; Dzitac, S.; Sehleanu, M.; Bac, D.P.; Badulescu, A. Do economic growth and environment quality contribute to tourism development in EU countries? A panel data analysis. Technol. Econ. Dev. Econ. 2021, 27, 1509–1538. [Google Scholar] [CrossRef]
- Menegaki, A.N. The ARDL Method in the Energy-Growth Nexus Field; Best Implementation Strategies. Economies 2019, 7, 105. [Google Scholar] [CrossRef] [Green Version]
- Breusch, T.; Pagan, A. The Lagrange multiplier test and its applications to model specification in econometrics. Rev. Econ. Stud. 1980, 47, 239–253. [Google Scholar] [CrossRef]
- Pesaran, M.H. General Diagnostic Tests for Cross Section Dependence in Panels. In CESIFO Working Paper Series No. 1229; Cambridge University: Cambridge, UK, 2004. [Google Scholar]
- Levin, A.; Lin, C.; Chu, C. Unit root tests in panel data: Asymptotic and finite-sample properties. J. Econom. 2002, 108, 1–24. [Google Scholar] [CrossRef]
- Im, K.; Pesaran, H.; Shin, Y. Testing for Unit Roots in Heterogeneous Panels. J. Econom. 2003, 115, 53–74. [Google Scholar] [CrossRef]
- Choi, I. Unit Root Test for Panel Data. J. Int. Money Financ. 2001, 20, 249–272. [Google Scholar] [CrossRef]
- Maddala, G.S.; Wu, S. A comparative study of Unit Root Tests with Panel Data and a new Simple Test. Oxf. Bull. Econ. Stat. 1999, 61, 632–652. [Google Scholar] [CrossRef]
- Pesaran, M.; Shin, Y.; Smith, R. Pooled Mean Group Estimation of Dynamic Heterogeneous Panels. J. Am. Stat. Assoc. 1999, 94, 621–634. [Google Scholar] [CrossRef]
- Pesaran, M.; Shin, Y.; Smith, R. Bounds testing approaches to the analysis of level relationships. J. Appl. Econom. 2001, 16, 289–326. [Google Scholar] [CrossRef]
- Pedroni, P. Critical values for cointegration tests in heterogenous panels with multiple regressors. Oxf. Bull. Econ. Stat. 1999, 61, 653–670. [Google Scholar] [CrossRef]
- Pedroni, P. Purchasing power parity tests in cointegrated panels. Rev. Econ. Stat. 2001, 83, 727–731. [Google Scholar] [CrossRef]
- Pedroni, P. Panel cointegration: Asymptotic and finite sample properties of pooled time series tests with an applicaton to the PPP hypothesis. Econom. Theory 2004, 20, 597–625. [Google Scholar] [CrossRef] [Green Version]
- Harris, R.; Sollis, R. Applied Time Series Modelling and Forecasting; Wiley: New York, NY, USA, 2003. [Google Scholar]
- Wickens, M.R.; Breusch, T.S. Dynamic specification, the long run and the estimation of transformed regression models. Econ. J. 1998, 98, 189–205. [Google Scholar] [CrossRef]
- Hargens, L. Product-Variable Models of Interaction Effects and Causal Mechanisms. In Working Paper No. 67R; University of Washington: Seattle, DC, USA, 2008. [Google Scholar]
- Dumitrescu, E.I.; Hurlin, C. Testing for Granger non-causality in heterogeneous panels. Econ. Model. 2012, 29, 1450–1460. [Google Scholar] [CrossRef] [Green Version]
Variable Name | Variable Definition | Source |
---|---|---|
Dependent variables (natural logarithm) | ||
International tourism | ||
lnARRIV | International tourism measured— the number of arrivals | World Bank [60] |
lnREC | International tourism receipts— expressed in current USD | World Bank [60] |
Independent variables (natural logarithm) | ||
lnHAPP | Happiness Index—% | World Database of Happiness [61] |
lnENV | Environmental expenditure— Million EUR | Eurostat [62] |
lnHEALTH | Health expenditure per capita— purchasing power parities (PPP), current USD | World Bank [60] |
International Tourism | HAPP | ENV | HEALTH | ||
---|---|---|---|---|---|
ARRIV | REC | ||||
Number | current USD | % | current USD | current USD | |
Mean | 27,739,341.85 | 14,513,790,133 | 6.35 | 3840.82 | 2454.55 |
Standard Dev. | 41,238,119.11 | 33,790,174,067 | 1.00 | 6329.58 | 1854.42 |
Median | 10,926,000 | 6,619,000,000 | 6.40 | 1055.81 | 1917.41 |
Minimum | 805,000 | 153,000,000 | 3.80 | −50.47 | 69.89 |
Maximum | 211,998,000 | 689,900,000,000 | 8.60 | 29,187.37 | 7670.59 |
Skewness | 2.73 | 15.10 | −0.16 | 2.09 | 0.70 |
Kurtosis | 7.87 | 296.77 | −0.46 | 3.53 | −0.71 |
Observation | 540 | 540 | 540 | 540 | 540 |
Pesaran CD Test | ||
---|---|---|
Variables | Statistic | Prob |
lnARRIV | 62.88 | 0.0000 |
lnREC | 71.05 | 0.0000 |
lnHAPP | 28.59 | 0.0000 |
lnENV | 69.16 | 0.0000 |
lnHEALTH | 78.44 | 0.0000 |
LnARRIV | LnREC | LnHAPP | LnENV | LnHEALTH | |
---|---|---|---|---|---|
Levin, Lin and Chu t | |||||
Level | −0.73 (0.23) | 0.68 (0.75) | −4.28 (0.00) | 2.21 (0.98) | 4.47 (0.99) |
First diff | −12.78 (0.00) | −13.68 (0.00) | −11.72 (0.00) | −9.61 (0.00) | |
Im, Pesaran and Shin W-stat | |||||
Level | 0.10 (0.54) | −1.22 (0.11) | −3.86 (0.00) | 0.20 (0.58) | 2.04 (0.97) |
First diff | −10.54 (0.00) | −11.35 (0.00) | −10.75 (0.00) | −7.39 (0.00) | |
ADF–Fisher Chi-square | |||||
Level | 58.14 (0.32) | 63.89 (0.16) | 102.03 (0.00) | 55.07 (0.43) | 31.38 (0.99) |
First diff | 195.74 (0.00) | 210.57 (0.00) | 200.74 (0.00) | 146.32 (0.00) | |
PP–Fisher Chi-square | |||||
Level | 43.73 (0.83) | 59.63 (0.27) | 98.54 (0.00) | 39.16 (0.93) | 32.42 (0.99) |
First diff | 260.14 (0.00) | 265.57 (0.00) | 276.19 (0.00) | 171.68 (0.00) | |
The order of integration | I(1) | I(1) | I(0) | I(1) | I(1) |
Model 1 ARRIV-ENV | Model 2 ARRIV-HEALTH | Model 3 REC-ENV | Model 4 REC-HEALTH | |||||
---|---|---|---|---|---|---|---|---|
Statistic | p-Value | Statistic | p-Value | Statistic | p-Value | Statistic | p-Value | |
Within-dimension | ||||||||
Panel v-statistic | 3.683625 | 0.0001 | 3.876197 | 0.0001 | −0.210667 | 0.5834 | −1.145637 | 0.8740 |
Panel rho-statistic | 1.419419 | 0.9221 | 1.416240 | 0.9216 | 0.182504 | 0.4276 | 1.270600 | 0.8981 |
Panel PP-statistic | −1.918058 | 0.0318 | −1.791743 | 0.0420 | −5.228554 | 0.0000 | −2.540747 | 0.0055 |
Panel ADF-statistic | −4.054813 | 0.0000 | −1.727418 | 0.0482 | −7.280367 | 0.0000 | −1.705050 | 0.0441 |
Between-dimension | ||||||||
Group rho-statistic | 2.978761 | 0.9986 | 2.999355 | 0.9986 | 0.939224 | 0.8262 | 1.326143 | 0.9076 |
Group PP-statistic | −1.907111 | 0.0341 | −1.609483 | 0.0500 | −9.287462 | 0.0000 | −10.65878 | 0.0000 |
Group ADF-statistic | −3.033485 | 0.0012 | −2.801213 | 0.0025 | −9.161205 | 0.0000 | −7.304295 | 0.0000 |
Dependent Variable: ARRIV | ||||
---|---|---|---|---|
Model 1—ENV | Model 2—HEALTH | |||
Coefficient | Prob. | Coefficient | Prob. | |
Long-Term Coefficients | ||||
lnHAPP | 6.259564 *** | 0.0000 | 9.76588 *** | 0.0000 |
lnENV | 2.505574 *** | 0.0000 | ||
lnHEALTH | 7.281565 *** | 0.0000 | ||
LnHAPP * lnENV | −0.992680 *** | 0.0000 | ||
LnHAPP * lnHEALTH | −3.759633 *** | 0.0000 | ||
Short-Term Coefficients | ||||
ECT | −0.028638 * | 0.0744 | −0.040671 ** | 0.0551 |
D(lnHAPP) | −5.260931 | 0.2631 | −6.049136 | 0.1402 |
D(lnENV) | −1.606622 | 0.1837 | ||
D(lnHEALTH) | −1.530984 | 0.1245 | ||
D(LnHAPP * lnENV) | 0.804470 | 0.1919 | ||
D(LnHAPP * lnHEALTH) | 0.795979 | 0.1244 | ||
Intercept | −0.300319 * | 0.0994 | −1.493536 ** | 0.0592 |
Dependent Variable: REC | ||||
---|---|---|---|---|
Model 3—ENV | Model 4—HEALTH | |||
Coefficient | Prob. | Coefficient | Prob. | |
Long-Term Coefficients | ||||
lnHAPP | 9.524254 *** | 0.0000 | 3.692108 ** | 0.0106 |
lnENV | 2.636824 *** | 0.0000 | ||
lnHEALTH | 2.016020 *** | 0.0000 | ||
LnHAPP * lnENV | −1.036123 *** | 0.0000 | ||
LnHAPP * lnHEALTH | −0.665110 *** | 0.0009 | ||
Short-Term Coefficients | ||||
ECT | −0.087741 *** | 0.0022 | −0.254389 *** | 0.0000 |
D(lnHAPP) | −3.451117 | 0.5006 | −10.22447 * | 0.0475 |
D(lnENV) | −0.680245 | 0.6302 | ||
D(lnHEALTH) | −2.070502 * | 0.0999 | ||
D(LnHAPP * lnENV) | 0.523999 | 0.4850 | ||
D(LnHAPP * lnHEALTH) | 1.397038 ** | 0.0348 | ||
Intercept | 2.578971 *** | 0.0000 |
Publisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. |
© 2022 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
Share and Cite
Badulescu, D.; Simut, R.; Simut, C.; Badulescu, A.-V. Tourism at the Crossroads between Well-Being, Public Health and the Environment: Panel Data Evidence from the European Union. Int. J. Environ. Res. Public Health 2022, 19, 12066. https://doi.org/10.3390/ijerph191912066
Badulescu D, Simut R, Simut C, Badulescu A-V. Tourism at the Crossroads between Well-Being, Public Health and the Environment: Panel Data Evidence from the European Union. International Journal of Environmental Research and Public Health. 2022; 19(19):12066. https://doi.org/10.3390/ijerph191912066
Chicago/Turabian StyleBadulescu, Daniel, Ramona Simut, Ciprian Simut, and Andrei-Vlad Badulescu. 2022. "Tourism at the Crossroads between Well-Being, Public Health and the Environment: Panel Data Evidence from the European Union" International Journal of Environmental Research and Public Health 19, no. 19: 12066. https://doi.org/10.3390/ijerph191912066