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Investigation of the Effect of Energy Consumption on Carbon Emissions in Azerbaijan in the Context of the Environmental Kuznets Curve

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  • Nigar Huseynli

    (Department of Business Administration, Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan)

Abstract

There is a close and mutual relationship between environmental problems and economics. While the increase in economic activities causes environmental problems, environmental problems negatively affect sustainable economic growth. The main purpose of this study is to empirically investigate the effect of energy consumption on carbon emissions in the context of the Environmental Kuznets Curve (EKC) hypothesis in the Azerbaijan economy in the period 1997-2021. Data between energy consumption per capita, income per capita and carbon emissions were included in the analysis. The determination of this relationship was investigated by the Granger causality method. As a result of the analysis, it is clear that the Environmental Kuznets Curve Approach is not valid for Azerbaijan.

Suggested Citation

  • Nigar Huseynli, 2024. "Investigation of the Effect of Energy Consumption on Carbon Emissions in Azerbaijan in the Context of the Environmental Kuznets Curve," International Journal of Energy Economics and Policy, Econjournals, vol. 14(2), pages 53-58, March.
    • Handle: RePEc:eco:journ2:2024-02-6
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    References listed on IDEAS

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    Cited by:

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    2. Takyi Kwabena Nsiah & Martin Mikeskac & Beata Govurova, 2024. "On the Way to Net Zero Emissions: Can Environmental Tax be the Game Changer? The Vise Grad Group Evidence," International Journal of Energy Economics and Policy, Econjournals, vol. 14(5), pages 311-320, September.

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    More about this item

    Keywords

    Energy Consumption; Carbon Emission; Environmental Kuznets Curve; Granger;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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