Quantile and Threshold Effect of Electricity Consumption on Happiness in Central Asia

Bekhzod Kuziboev, Jaroslav Vlach, Alibek Rajabov, Ergash Ibadullaev, Umidjon Matyakubov, Murod Nazarov and Mokhirakhon Mirkhoshimova
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Bekhzod Kuziboev: Department of Economics, Urgench State University, 220100 Urgench, Uzbekistan; & School of Business, Central Asian University, 111221 Tashkent, Uzbekistan
Jaroslav Vlach: Department of Applied Economics and Economy, Faculty of Economics, University of South Bohemia, Studentská 13, České Budějovice, 37005, Czech Republic
Alibek Rajabov: Department of Economics, Non-government Educational Institution “Mamun University†, 220900 Khiva, Uzbekistan
Ergash Ibadullaev: Department of Economics, Non-government Educational Institution “Mamun University†, 220900 Khiva, Uzbekistan
Umidjon Matyakubov: Department of Management and Marketing, Urgench State University, 220100 Urgench, Uzbekistan
Murod Nazarov: Department of Translation Theory and Practice, Urgench State University, 220100 Urgench, Uzbekistan
Mokhirakhon Mirkhoshimova: Department of Accounting and Economics, Fiscal Institute, 100173, Tashkent, Uzbekistan

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 1, 321-328

Abstract: The study for the 1st time examines electricity-happiness nexus in Central Asia over the period 1996-2022 employing Panel methods such as Quantile and threshold regressions. The findings document that the association between electricity and happiness is negative in general. However, the results reveal that economic development stage plays a crucial role in the context of electricity-happiness nexus. More specifically the negative effect of electricity on happiness decreases as economic development grows. Policy implications that focus on developing the economies in a sufficient level to achieve stable electricity supply and transition on renewable energy, should be encouraged consequently the rate of happiness will increase in Central Asian region.

Keywords: Happiness; Electricity; Economic Development; Central Asia; Quantile; Threshold (search for similar items in EconPapers)
JEL-codes: C01 C33 I31 Q4 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2024-01-33

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