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Full-Text Articles in Physical Sciences and Mathematics
Weather Variability And The Tourism Industry: A Panel Data Analysis, Carmela Coppola
Weather Variability And The Tourism Industry: A Panel Data Analysis, Carmela Coppola
Honors Projects in Economics
Increasing weather variability around the world has led to many researchers examining the impacts of weather variability on vulnerable industries. For example, the tourism industry can make up a large portion of an economy’s growth, with some of the most dependent countries relying on tourism for over 40% of GDP (World Travel & Tourism Council 2014). In an attempt to better understand the relationship between weather variability and the tourism industry at the country level, this study employs a series of fixed effects panel regression models to analyze the impact of rainfall and temperature on tourism levels and growth rates …
Analyzing Environmental Kuznets Curves Using A Systems Dynamics Approach, Amreen Ahmad
Analyzing Environmental Kuznets Curves Using A Systems Dynamics Approach, Amreen Ahmad
Honors Projects in Science and Technology
This paper studies the Environmental Kuznets Curve by examining the relationship between CO2 emissions and GDP per capita data for 200 countries worldwide from the time period of 1950- 2015. We use multiple dynamical models - including linear, exponential and feedback models – to search for and quantify the Kuznets effect, the downward shaped U curve in the time-series of environmental quantities. Using the Bayesian Information Criterion to perform model comparison, we determine that there is weak evidence of the Kuznets curve existing in all countries and slightly stronger evidence for it in the OECD and BRICS countries. We discuss …