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

Lucie Tichá, Bekhzod Djalilov, Raufhon Salahodjaev and Dilnoza Allanazarova
Additional contact information
Lucie Tichá: Department of Trade, Tourism and Languages, Faculty of Economics, University of South Bohemia, Studentská 13, 37005 Ceske Budejovice, Czech Republic,
Bekhzod Djalilov: Tashkent Metropolitan University, Tashkent 100077, Uzbekistan,
Dilnoza Allanazarova: Tashkent State University of Economics, Tashkent 100066, Uzbekistan.

International Journal of Energy Economics and Policy, 2024, vol. 14, issue 2, 499-506

Abstract: 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

Keywords: Economic Growth; Energy; CO2; FDI; Trade (search for similar items in EconPapers)
JEL-codes: F18 O13 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://econjournals.com/index.php/ijeep/article/download/15322/7803/36434 (application/pdf)
https://econjournals.com/index.php/ijeep/article/view/15322/7803 (text/html)

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:journ2:2024-02-51

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

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