Tiwari, Aviral Kumar; Ozturk, Ilhan; Aruna, M. - In: International Journal of Energy Economics and Policy 3 (2013) 3, pp. 247-261
The study analyzed dynamics of the relationship between tourism, energy consumption, and climate change for 25 OECD countries during 1995-2005. For the analysis, Panel VAR (PVAR) model was used. Results of panel unit root-tests show that tourism is nonstationary in the level form but stationary...