How Does Green Investment Influence on Tourism Development in Thailand?
Abstract
Based on time series from 1995 to 2020 in Thailand economy, this paper has measured green investment level, social livability degree and tourism industry development, demonstrated the significant positive relation among them. Result shows that green investment level significantly promotes tourism development, here social livability degree plays mediator role completely; some dimensions including health and life investment, green energy input and cyclic utilization take positive role on tourism development, but ecology and environment protection doesn’t play deserved positive role on both social livability and tourism development, there are certain destroying of ecology and decreasing of environment protection as tourism development and social livability goes on.
References
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[3] Albalate, D., Campos, J. and Jimenez, J.L. 2017. Tourism and high-speed rail in Spain: Does the AVE increase local visitors. Annals of Tourism Research, 65: 71-82. DOI:https://doi.org/10.1016/j.annals.2017.05.004
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[5] Andrades, L., and Dimanche, F. 2014. Co-creation of experience value: A tourist behavior approach. In N. Prebensen, J. Chen and M. Uysal (Eds.), Creating experience value in tourism (pp. 95-112). London: CABI.
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[16] Falxa-Raymond, N., Svendsen, E. and Campbell, L. K. 2013. From job training to green jobs: A case study of a young adult employment program centered on environmental restoration in New York City, USA. Urban Forestry & Urban Greening, 12 (3): 287–295.
[17] Fouberg, E.H., Murphy, A. B. and de Blij, H. J. 2012. Human Geography, People, Place, and Culture. John Wiley and Sons. ISBN 978-1118175996.
[18] Garrod, B. 2012. Business tourism. In Peter Robinson (ed.). Tourism: The Key Concepts. Routledge. pp. 18–22. ISBN 978-0-415-67792-9.
[19] Girard, L.F. and Nocca, F. 2017. From linear to circular tourism. Aestimum, 70: 51-74.
[20] Godovykh, M. and Ridderstaat, J. 2020. Health outcomes of tourism development: A longitudinal study of the impact of tourism arrivals on residents' health. Journal of Destination Marketing & Management, 17: 100462. DOI: 10.1016/j.jdmm.2020.100462
[21] Hadzik, A. and Grabara, M. 2014. Investments in recreational and sports infrastructure as a basis for the development of sports tourism on the example of spa municipalities. Pol. J. Sport Tourism, 21: 97-101. DOI:10.2478/pjst-2014-0010
[22] Hirst, S. 2016. Social Responsibility Resolutions. The Harvard Law School Program on Corporate Governance Discussion Paper. No. 2016-06.
[23] Honey, M. 2008. Ecotourism and Sustainable Development: Who Owns Paradise? (Second ed.). Washington, DC: Island Press. ISBN 978-1-59726-125-8.
[24] Iwasaki Y. and Havitz, M.E. 2004. Examining relationships between leisure involvement, psychological commitment, and loyalty to a recreation agency. Journal of Leisure Research, 36(1): 45–72. DOI:https://doi.org/10.1080/00222216.2004.11950010
[25] Kahn, P.H. Jr., Severson, R. L. and Rucker, J.H. 2009. The Human Relation with Nature and Technological Nature, Current Directions In Psychological Science, 18(1).
[26] Keane, R. F. 2009. The Green Advisor: SRI & Green Investing Grow Up. Investment Advisor. Archived from the original on 22 July 2012.
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[29] Logue, C.A. 2008. Socially Responsible Investing for Dummies. Wiley.com. p.196.
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[50] EIU. (2021). The Global Livability Index 2021. The Economist Intelligence Unit. 2021.
[51] EPA (The U.S. Environmental Protection Agency). (2012). Our Built and Natural Environments (2nd Edition), October 2012, p2-33. Available at: https://www.epa.gov/sites/default/files/2014-03/documents/our-built-and-natural-environments.pdf
[52] Integra. 2021. Ecotourism vs Sustainable Tourism. Integra: developing impact from opportunity. September 1, 2021.
[53] Intergovernmental Panel on Climate Change. 2007. "IPCC Fourth Assessment Report: Mitigation of Climate Change, chapter 5, Transport and its Infrastructure". Retrieved 2009-05-26.
[54] International Association of Social Quality. 2012. "The need for a Comprehensive Conceptual and Methodological Framework for new politics and policies: A social quality perspective; A contribution to the Rio+ 20 Conference on the sustainability of human existence on Earth". IASQ Working Papers (11): 12 f.1.
[55] KPMG. 2021. "ESG ratings are not perfect but can be a valuable tool for asset managers - KPMG China". KPMG. 2020-10-07. Retrieved 2021-01-26.
[56] MFA. 2021. Ministry of Foreign Affairs, Kingdom of Thailand: Thailand introduced BCG Economy Model to the 77th Commission Session of ESCAP as a path for the post COVID-19 recovery in Asia-Pacific,2021,8,may. Available at: https://www.mfa.go.th/en/content/escap77-2?cate=5d5bcb4e15e39c306000683e
[57] USCIS. 2012. Employment-Based Immigration: First Preference EB-1. USCIS. Archived from the original on 2012-08-29.
[58] WEF. (2020). What is green finance and why is it important? World Economic Forum. 2020-12-28.
[59] World Bank Thailand. (2012). Thailand: Sustaining Health Protection for All. World Bank Thailand. Archived from the original on 3 September 2012.
[60] World Energy Council. (2007). Transport Technologies and Policy Scenarios. World Energy Council. Archived from the original on 2008-12-04.
Published
2022-06-28
How to Cite
YANG, Xiugang.
How Does Green Investment Influence on Tourism Development in Thailand?.
Journal of Environmental Management and Tourism, [S.l.], v. 13, n. 4, p. 1047 - 1058, june 2022.
ISSN 2068-7729.
Available at: <https://journals.aserspublishing.eu/jemt/article/view/7059>. Date accessed: 26 dec. 2024.
doi: https://doi.org/10.14505/jemt.v13.4(60).11.
Section
Article
Copyright© 2024 The Author(s). Published by ASERS Publishing 2024. This is an open access article distributed under the terms of CC-BY 4.0 license.