The Relationship among Fossil Fuel Energy, Economic Development, Institutional Quality, Globalization, Foreign Direct Investment and Forest in European Countries

Jamshid Pardaev (), Dilshad Ibadullaev (), Ziyat Kurbanov (), Mansur Eshov (), O'g'iljon Artiqova () and Lyailya Mutaliyeva ()
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Jamshid Pardaev: Department of Finance and Tourism, Termez University of Economics and Service, Termez, Uzbekistan
Dilshad Ibadullaev: Department of Economics, Urgench State University, Urgench, Uzbekistan
Ziyat Kurbanov: Department of Tax, Tashkent State University of Economics, Tashkent, Uzbekistan
Mansur Eshov: Department of Management and Marketing, Alfraganus University, Tashkent, Uzbekistan
O'g'iljon Artiqova: Department of Accounting, Non-government Educational Institution ''Mamun University'', Khiva, Uzbekistan
Lyailya Mutaliyeva: Department of Tourism, L.N. Gumilyov Eurasian National University, Almaty, Kazakhstan

International Journal of Energy Economics and Policy, 2025, vol. 16, issue 1, 781-787

Abstract: Currently, the harmful nature of fossil fuel is being discussed in the forest context in Europe. Therefore, this research examines the effect of fossil fuel energy on forest area in the panel of 39 European countries during the period 2000-2024. For the empirical estimations, Quantile regression estimated through the Method of Moments framework is employed which is robust to heteroscedasticity. The findings reveal that fossil fuel energy negatively and significantly impacts on forest area across all the quantiles from 10% to 90%. Policy implications should prioritize the role of fossil energy in shaping forest policy.

Keywords: Fossil Fuel Energy; Forest Area; MMQR; European Countries (search for similar items in EconPapers)
Date: 2025
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DOI: 10.32479/ijeep.22456

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