02171cas a2200301 a 4500 AALejournalIMF023196 230101c9999 xx r poo 0 0eng d 9798400220272 20.00 USD 1018-5941 BD-DhAAL BD-DhAAL Cevik, Serhan. Dirty Dance : Tourism and Environment / Serhan Cevik. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (21 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global GDP. But it has also created a number of challenges including environmental degradation, especially in small island countries where the carbon footprint of tourism constitute substantial share of carbon dioxide (CO2) emissions. This study empirically investigates the impact of tourism on CO2 emissions in a relatively homogenous panel of 15 Caribbean countries over the period 1960-2019. The results show that international tourist arrivals have a statistically and economically significant effect on CO2 emissions, after controlling for other economic, institutional and social factors. Therefore, managing tourism sustainably requires a comprehensive set of policies and reforms aimed at reducing its impact on environmental quality and curbing excessive dependency on fossil fuel-based energy consumption. Mode of access: Internet Climate imf Economic Growth and Aggregate Productivity imf Energy imf Environment and Growth imf Valuation of Environmental Effects imf IMF Working Papers; Working Paper ; No. 2022/178 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=178 IMF e-Library