| Issue |
E3S Web Conf.
Volume 449, 2023
International Scientific and Practical Conference “Priority Directions of Complex Socio-Economic Development of the Region” (PDSED 2023)
|
|
|---|---|---|
| Article Number | 04002 | |
| Number of page(s) | 13 | |
| Section | Efficient Use of Innovation and Investment Potential in Improving the Competitiveness of the Regional Economy | |
| DOI | https://doi.org/10.1051/e3sconf/202344904002 | |
| Published online | 16 November 2023 | |
The impact of energy consumption, FDI, and economic growth on CO2 emissions in Central Asia. Empirical evidence from panel ARDL
1 Jeonbuk National University, Department of International Trade, 54896, Jeonju-si, Republic of Korea
2 Urgench State University, Kh.Alimdjan Street, 14, 220100, Urgench, Uzbekistan
* Corresponding author: syuldoshboy@jbnu.ac.kr
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 (CO2) 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 CO2 emissions, but GDP has a negative and statistically significant effect on CO2 emissions. In the short-run, only FDI and energy consumption have statistically significant impact on CO2 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.
© The Authors, published by EDP Sciences, 2023
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