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

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 effe...

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Main Author: Nigar Huseynli
Format: Article
Language:English
Published: EconJournals 2024-03-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://www.econjournals.com/index.php/ijeep/article/view/14720
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author Nigar Huseynli
author_facet Nigar Huseynli
author_sort Nigar Huseynli
collection DOAJ
description 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.
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spelling doaj.art-cff3ef1b3e3e4779abd4938c5420131e2024-03-15T14:46:08ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532024-03-0114210.32479/ijeep.14720Investigation of the Effect of Energy Consumption on Carbon Emissions in Azerbaijan in the Context of the Environmental Kuznets CurveNigar Huseynli0Department of Business Administration, Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan 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. https://www.econjournals.com/index.php/ijeep/article/view/14720Energy Consumption, Carbon Emission, Environmental Kuznets Curve, Granger
spellingShingle Nigar Huseynli
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
Energy Consumption, Carbon Emission, Environmental Kuznets Curve, Granger
title Investigation of the Effect of Energy Consumption on Carbon Emissions in Azerbaijan in the Context of the Environmental Kuznets Curve
title_full Investigation of the Effect of Energy Consumption on Carbon Emissions in Azerbaijan in the Context of the Environmental Kuznets Curve
title_fullStr Investigation of the Effect of Energy Consumption on Carbon Emissions in Azerbaijan in the Context of the Environmental Kuznets Curve
title_full_unstemmed Investigation of the Effect of Energy Consumption on Carbon Emissions in Azerbaijan in the Context of the Environmental Kuznets Curve
title_short Investigation of the Effect of Energy Consumption on Carbon Emissions in Azerbaijan in the Context of the Environmental Kuznets Curve
title_sort investigation of the effect of energy consumption on carbon emissions in azerbaijan in the context of the environmental kuznets curve
topic Energy Consumption, Carbon Emission, Environmental Kuznets Curve, Granger
url https://www.econjournals.com/index.php/ijeep/article/view/14720
work_keys_str_mv AT nigarhuseynli investigationoftheeffectofenergyconsumptiononcarbonemissionsinazerbaijaninthecontextoftheenvironmentalkuznetscurve