The impact of energy consumption, FDI, and economic growth on CO 2 emissions in Central Asia. Empirical evidence from panel ARDL

Utilizing Panel ARDL and a panel Granger causality test, this paper examines the influence of GDP, energy usage, FDI, and trade openness on carbon dioxide (CO 2 ) emissions in three specific Central Asian countries: Kazakhstan, Kyrgyz Republic, and Uzbekistan, from 1997 to 2021. PMG approach finding...

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Bibliographic Details
Published in:E3S web of conferences 2023, Vol.449, p.4002
Main Authors: Sobirov, Yuldoshboy, Tukhtamurodov, Akobir, Karimov, Mamurbek, Bekjanov, Dilmurad, Avezov, Mirzobek
Format: Article
Language:English
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Summary:Utilizing Panel ARDL and a panel Granger causality test, this paper examines the influence of GDP, energy usage, FDI, and trade openness on carbon dioxide (CO 2 ) emissions in three specific Central Asian countries: Kazakhstan, Kyrgyz Republic, and Uzbekistan, from 1997 to 2021. PMG approach findings indicate that energy usage, FDI, and trade have a statistically significant positive impact on CO 2 emissions, but GDP has a negative and statistically significant effect on CO 2 emissions. In the short-run, only FDI and energy consumption have statistically significant impact on CO 2 emissions, negative and positive, respectively. Granger non-causality test also verifies that each variables have a granger cause on CO2 emissions in Central Asian countries.
ISSN:2267-1242
2267-1242
DOI:10.1051/e3sconf/202344904002