IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2020-05-51.html
   My bibliography  Save this article

Energy Intensity of Kazakhstan s GDP: Factors for its Decrease in a Resource-export Developing Economy

Author

Listed:
  • Nurlan Kurmanov

    (Faculty of Economics, L.N. Gumilyov Eurasian National University, Nur-Sultan, Kazakhstan,)

  • Ulukbek Aliyev

    (The Executive Office of the President of the Republic of Kazakhstan, Nur-Sultan, Kazakhstan)

  • Aizhan Satbayeva

    (Department of Risk Management, JSC DBK-Leasing, NurSultan, Kazakhstan,)

  • Gulmira Kabdullina

    (Department of Labor Economics and Personnel Management, South Ural State University (National Research University), Russia)

  • Darkhan Baxultanov

    (Faculty of Economics, L.N. Gumilyov Eurasian National University, Nur-Sultan, Kazakhstan,)

Abstract

Kazakhstan continues to use several times more energy per production unit than more developed countries and regions of the world. This study is the first comprehensive review and analysis of energy intensity factors of Kazakhstan s gross domestic product for the priod of 1990-2018. We have studied the influence of various factors on the GDP energy intensity: indicators characterizing the country's economic growth, power industry and living standards development. Calculations made have shown that the most significant influence on improving the energy efficiency of the economy is exerted by the indicators of Net Energy Imports and GDP per capita at PPP. The calculated elasticity coefficient shows that with an increase in the value of Net Energy Imports by 1%, the expected decrease in energy intensity shall be 0.85%. With an increase in GDP per capita of 1%, the expected decrease in energy intensity shall be 0.44%. However, in Kazakhstan, the influence of GDP per capita is mediated by the export of energy resources, which is confirmed by the high correlation between GDP growth, total energy production and export. We are concluding that for the developing economy of Kazakhstan exporting energy resources, the conversion of primary energy into products with high added value is more rational for economic development and energy conservation.

Suggested Citation

  • Nurlan Kurmanov & Ulukbek Aliyev & Aizhan Satbayeva & Gulmira Kabdullina & Darkhan Baxultanov, 2020. "Energy Intensity of Kazakhstan s GDP: Factors for its Decrease in a Resource-export Developing Economy," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 447-453.
    • Handle: RePEc:eco:journ2:2020-05-51
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/9817/5339
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/9817/5339
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:eco:journ2:2017-04-30 is not listed on IDEAS
    2. Karatayev, Marat & Hall, Stephen & Kalyuzhnova, Yelena & Clarke, Michèle L., 2016. "Renewable energy technology uptake in Kazakhstan: Policy drivers and barriers in a transitional economy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 66(C), pages 120-136.
    3. Pan, Xiongfeng & Uddin, Md. Kamal & Saima, Umme & Jiao, Zhiming & Han, Cuicui, 2019. "How do industrialization and trade openness influence energy intensity? Evidence from a path model in case of Bangladesh," Energy Policy, Elsevier, vol. 133(C).
    4. Alexander N. Semin & Vadim V. Ponkratov & Kirill G. Levchenko & Andrey S. Pozdnyaev & Nikolay V. Kuznetsov & Olga V. Lenkova, 2019. "Optimization Model for the Russian Electric Power Generation Structure to Reduce Energy Intensity of the Economy," International Journal of Energy Economics and Policy, Econjournals, vol. 9(3), pages 379-387.
    5. Dargahi, Hassan & Khameneh, Kazem Biabany, 2019. "Energy intensity determinants in an energy-exporting developing economy: Case of Iran," Energy, Elsevier, vol. 168(C), pages 1031-1044.
    6. Deichmann,Uwe & Reuter,Anna & Vollmer,Sebastian & Zhang,Fan, 2018. "Relationship between energy intensity and economic growth : new evidence from a multi-country multi-sector data set," Policy Research Working Paper Series 8322, The World Bank.
    7. Gómez, Antonio & Dopazo, César & Fueyo, Norberto, 2014. "The causes of the high energy intensity of the Kazakh economy: A characterization of its energy system," Energy, Elsevier, vol. 71(C), pages 556-568.
    8. Cornillie, Jan & Fankhauser, Samuel, 2004. "The energy intensity of transition countries," Energy Economics, Elsevier, vol. 26(3), pages 283-295, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nurlan Kurmanov & Yerzhan Beisengaliyev & Marat Bayandin & Elmira Syzdykova & Madina Tolysbayeva, 2022. "Innovative Development of Kazakhstan s Raw Material (Oil and Gas) Regions: Multifactorial Model for Empirical Analysis," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 131-140, July.
    2. Sergey V. Pashkov & Eduard Z. Imashev & Gaukhar K. Baubekova & Kulyash D. Kaimuldinova & Yerkin A. Tokpanov & Gulshat Z. Nurgaliyeva & Gaini K. Baimukasheva & Rabiga N. Kenzhebay & Soltanbek K. Kassen, 2024. "Ecological–Economical and Ethno-Cultural Determinants of the Development of Organic Farming in Kazakhstan," Sustainability, MDPI, vol. 16(10), pages 1-19, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Farukhzhon Kurbanov & Diana Sitenko & Bauyrzhan Yessengeldin & Bakhytzhamal Zhumatayeva & Raushan Yesbergen, 2020. "Organizational and Economic Mechanisms of Energy Conservation and Energy Efficiency Management in Kazakhstan," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 206-212.
    2. Zhang, Wenyue & Li, Jianan & Sun, Chuanwang, 2022. "The impact of OFDI reverse technology spillovers on China's energy intensity: Analysis of provincial panel data," Energy Economics, Elsevier, vol. 116(C).
    3. Anna Shevyakova & Yelena Petrenko & Gaukhar Koshebayeva & Dmitry Ulybyshev, 2022. "Peculiarities of Housing and Communal Services and the Difficulties of Implementing Energy-Saving Technologies: The Case of Kazakhstan," Energies, MDPI, vol. 15(20), pages 1-18, October.
    4. Pan Jiang & Mengyue Li & Yuting Zhao & Xiujuan Gong & Ruifeng Jin & Yuhan Zhang & Xue Li & Liang Liu, 2022. "Does Environmental Regulation Improve Carbon Emission Efficiency? Inspection of Panel Data from Inter-Provincial Provinces in China," Sustainability, MDPI, vol. 14(16), pages 1-18, August.
    5. Liu, Fei & Zhang, Xudong & Adebayo, Tomiwa Sunday & Awosusi, Abraham Ayobamiji, 2022. "Asymmetric and moderating role of industrialisation and technological innovation on energy intensity: Evidence from BRICS economies," Renewable Energy, Elsevier, vol. 198(C), pages 1364-1372.
    6. Magdalena Ziolo & Sandra Jednak & Gordana Savić & Dragana Kragulj, 2020. "Link between Energy Efficiency and Sustainable Economic and Financial Development in OECD Countries," Energies, MDPI, vol. 13(22), pages 1-28, November.
    7. Elena Vechkinzova & Yelena Petrenko & Yana S. Matkovskaya & Gaukhar Koshebayeva, 2021. "The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan," Energies, MDPI, vol. 14(9), pages 1-21, April.
    8. Löschel, Andreas & Pothen, Frank & Schymura, Michael, 2015. "Peeling the onion: Analyzing aggregate, national and sectoral energy intensity in the European Union," Energy Economics, Elsevier, vol. 52(S1), pages 63-75.
    9. Małgorzata Sztorc, 2022. "The Implementation of the European Green Deal Strategy as a Challenge for Energy Management in the Face of the COVID-19 Pandemic," Energies, MDPI, vol. 15(7), pages 1-21, April.
    10. Karatayev, Marat & Clarke, Michèle L., 2016. "A review of current energy systems and green energy potential in Kazakhstan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 491-504.
    11. Adom, Philip Kofi, 2015. "Business cycle and economic-wide energy intensity: The implications for energy conservation policy in Algeria," Energy, Elsevier, vol. 88(C), pages 334-350.
    12. Rasoulinezhad, Ehsan & Sung, Jinsok & Talipova, Amina & Taghizadeh-Hesary, Farhad, 2022. "Analyzing energy trade policy in Central Asia using the intercountry trade force approach," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 441-454.
    13. Vaona, Andrea, 2013. "The sclerosis of regional electricity intensities in Italy: An aggregate and sectoral analysis," Applied Energy, Elsevier, vol. 104(C), pages 880-889.
    14. Hong, Junjie & Shi, Fangyuan & Zheng, Yuhan, 2023. "Does network infrastructure construction reduce energy intensity? Based on the “Broadband China” strategy," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    15. Baležentis, Alvydas & Baležentis, Tomas & Streimikiene, Dalia, 2011. "The energy intensity in Lithuania during 1995–2009: A LMDI approach," Energy Policy, Elsevier, vol. 39(11), pages 7322-7334.
    16. Perwez, Usama & Sohail, Ahmed & Hassan, Syed Fahad & Zia, Usman, 2015. "The long-term forecast of Pakistan's electricity supply and demand: An application of long range energy alternatives planning," Energy, Elsevier, vol. 93(P2), pages 2423-2435.
    17. Fernández-Amador, Octavio & Francois, Joseph F. & Oberdabernig, Doris A. & Tomberger, Patrick, 2023. "Energy footprints and the international trade network: A new dataset. Is the European Union doing it better?," Ecological Economics, Elsevier, vol. 204(PA).
    18. Bagayev, Igor & Najman, Boris, 2013. "Less quality more costs: Does local power sector reliability matter for electricity intensity?," MPRA Paper 46943, University Library of Munich, Germany.
    19. Voigt, Sebastian & De Cian, Enrica & Schymura, Michael & Verdolini, Elena, 2014. "Energy intensity developments in 40 major economies: Structural change or technology improvement?," Energy Economics, Elsevier, vol. 41(C), pages 47-62.
    20. Murshed, Muntasir, 2019. "Trade Liberalization Policies and Renewable Energy Transition in Low and Middle-Income Countries? An Instrumental Variable Approach," MPRA Paper 97075, University Library of Munich, Germany.

    More about this item

    Keywords

    Energy Resources; Energy Intensity; Energy and Growth; Energy Policy; Kazakhstan;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2020-05-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.