Analyzing short-run and long-run causal relationships between energy consumption, CO2 emissions, and business performance in the hospitality industry

This paper explores the long-term and short-term relationships between hotel business performance, energy consumption, and CO₂ emissions by applying the Vector Error Correction Model (VECM), the VEC Granger causality test, and the block exogeneity Wald test. The study is based on a sample of 121 hot...

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Bibliographic Details
Main Authors: Stojanović Vojislav, Radivojević Nikola, Owen Abdallah M., Jahić Adnan, Đorđević Darko
Format: Article
Language:srp
Published: University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia 2025-01-01
Series:Ekonomija: teorija i praksa
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2025/2217-54582502001S.pdf
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