The impact of economic growth on CO2 emissions in Azerbaijan

By Jeyhun I. Mikayilov, Marzio Galeotti, F. Hasanov. Journal of Cleaner Production, 2018

399 citations recorded by the source corpus.

This paper examines the relationship between the economic growth and CO2 emissions in Azerbaijan.A cointegration analysis is conducted over the period 1992-2013. For getting more robust results, Johansen, ARDLBT, DOLS, FMOLS and CCR methods to explore cointegration and estimate longrun coefficients are employed. We use cubic, quadratic and linear specifications and conclude that the last one is an adequate representation for the impact of the economic growth on CO2 emissions in Azerbaijan. The results from the different cointegration methods are consistent with each other and show that the economic growth has positive and significant impact on the emissions in the long-run implying that the EKC hypothesis does not hold for Azerbaijan. Moreover, we find that any short-run disequilibrium can be corrected towards the long-run equilibrium path within less than one year. The paper concludes that increasing the energy efficiency can be considered as a relevant environmental policy in order to reduce the carbon emissions.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/f846e412e70db8b868d31634d16a986736d3b020

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Citations in the corpus

NATURAL RESOURCES DEPLETION, RENEWABLE ENERGY CONSUMPTION AND ENVIRONMENTAL DEGRADATION: A COMPARATIVE ANALYSIS OF DEVELOPED AND DEVELOPING WORLD (2021, neutral): “…Robaina-Alves et al., 2016; Alam et al., 2016; Zhao et al., 2017; Yeh and Liao, 2017; Zhang et al., 2017; Jebli and Youssef, 2017; Bildirici, 2017; Riti et al., 2017; Mikayilov et al., 2018; Chaudhary and Bisai, 2018; Rauf et al., 2018; Liu and Bae, 2018; Song et al., 2018; Bano et al., 2018).”
Analyzing nonlinear impact of economic growth drivers on CO2 emissions: Designing an SDG framework for India (2020, neutral): “EL→GDP EL→CO2 18 Mikayilov et al. (2018) Azerbaijan 19922013 ARDL, FMOLS, DOLS CO2, GDP No N.”
Environmental Policy Stringency, Technical Progress and Pollution Haven Hypothesis (2020, background): “Empirical validation of the inverted U-shaped income–environment relationship for the individual countries and country groups led not only to the empowerment of the EKC to one of most cited stylized facts of the economics discipline, but also to the establishment of the growth optimism with regards ”