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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| 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
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| 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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