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

Author

Listed:
  • 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,)

  • Raufhon Salahodjaev

    (University of Tashkent for Applied Sciences, Str. Gavhar 1, Tashkent 100149, Uzbekistan, Tashkent State University of Economics, Tashkent 100066, Uzbekistan,)

  • Dilnoza Allanazarova

    (Tashkent State University of Economics, Tashkent 100066, Uzbekistan.)

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

Suggested Citation

  • Lucie Tichá & Bekhzod Djalilov & Raufhon Salahodjaev & Dilnoza Allanazarova, 2024. "Sustainable Pathways: CO2 Emissions, FDI, Trade, and Energy in Post-Communist Economies," International Journal of Energy Economics and Policy, Econjournals, vol. 14(2), pages 499-506, March.
  • Handle: RePEc:eco:journ2:2024-02-51
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    More about this item

    Keywords

    Economic Growth; Energy; CO2; FDI; Trade;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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