The impact of energy consumption, FDI, and economic growth on CO2 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 (CO2) emissions in three specific Central Asian countries: Kazakhstan, Kyrgyz Republic, and Uzbekistan, from 1997 to 2021. PMG approach findings...

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Bibliographic Details
Main Authors: Sobirov Yuldoshboy, Tukhtamurodov Akobir, Karimov Mamurbek, Bekjanov Dilmurad, Avezov Mirzobek
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/86/e3sconf_pdsed2023_04002.pdf
Description
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 (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.
ISSN:2267-1242