Renewable Energy and CO2 Emissions in Upper-Middle Income Transition Countries

Gulchekhra Allaeva (), Gulchekhra Yusupkhodjaeva (), Avazbek Sadikov () and Abdusalom Umarov ()
Additional contact information
Gulchekhra Allaeva: Tashkent State Technical University, Tashkent, Uzbekistan
Gulchekhra Yusupkhodjaeva: Tashkent State Technical University, Tashkent, Uzbekistan
Avazbek Sadikov: National University of Uzbekistan Named After Mirzo Ulugbek, Tashkent, Uzbekistan
Abdusalom Umarov: University of Tashkent for Applied Science, Tashkent, Uzbekistan

International Journal of Energy Economics and Policy, 2025, vol. 15, issue 6, 195-201

Abstract: The aim of this study is to examine the relationship between renewable energy consumption and CO2 emissions in a sample of 12 upper middle income transitioning countries using data from 1995 to 2022. This study relies on a number of panel data estimation methods such as OLS, fixed effects regression and cointegration techniques. Across all estimations with find that renewable energy decreases CO2 emissions even after controlling for economic growth and trade openness. In addition, the results from Dumitrescu and Hurlin (2012) suggest that there is unidirectional causality from renewable energy to CO2 emissions in our sample. This study offer a number of policy implications and avenues for future research.

Keywords: Renewable Energy; CO2 Emissions; Transition Countries; Panel Data (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://econjournals.com/index.php/ijeep/article/download/20007/9296 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:v:15:y:2025:i:6:id:20007

Ordering information: This journal article can be ordered from
https://econjournals.com/index.php/ijeep

DOI: 10.32479/ijeep.20007

Access Statistics for this article

More articles in International Journal of Energy Economics and Policy from International Journal of Energy Economics and Policy
Bibliographic data for series maintained by Monica Sinhat ().