Sustainable Pathways: CO2 Emissions, FDI, Trade, and Energy in Post-Communist Economies

Autor: Lucie Tichá, Bekhzod Djalilov, Raufhon Salahodjaev, Dilnoza Allanazarova
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: International Journal of Energy Economics and Policy, Vol 14, Iss 2 (2024)
Druh dokumentu: article
ISSN: 2146-4553
DOI: 10.32479/ijeep.15322
Popis: This study explores the intricate interplay among CO2 emissions, economic development, foreign direct investment (FDI) inflows, trade, and energy consumption in post-communist republics spanning from 1995 to 2017. Utilizing a panel cointegration test, we unveil a profound and enduring relationship among these variables. Long-term elasticities are meticulously examined through Dynamic Ordinary Least Squares (DOLS) and Fully Modified Ordinary Least Squares (FMOLS) regressions, both of which consistently reveal a positive association between GDP per capita, FDI inflows, trade, energy consumption, and CO2 emissions per capita over the long term. Moreover, employing a panel causality test, our analysis identifies a robust unidirectional causality, specifically from CO2 emissions to energy consumption, signifying a pivotal link in the chain of influence (p
Databáze: Directory of Open Access Journals