Template-Type: ReDIF-Article 1.0
Author-Name: Allaeva, Gulchekhra
Author-Name-First: Gulchekhra
Author-Name-Last: Allaeva
Author-Email: allaeva74@mail.ru
Author-Workplace-Name: Tashkent State Technical University, Tashkent, Uzbekistan
Author-Name: Yusupkhodjaeva, Gulchekhra
Author-Name-First: Gulchekhra
Author-Name-Last: Yusupkhodjaeva
Author-Email: Yusupkhodjaeva8890@mail.ru
Author-Workplace-Name: Tashkent State Technical University, Tashkent, Uzbekistan
Author-Name: Sadikov, Avazbek
Author-Name-First: Avazbek
Author-Name-Last: Sadikov
Author-Email: avazbek.sadikov@internet.ru
Author-Workplace-Name: National University of Uzbekistan Named After Mirzo Ulugbek, Tashkent, Uzbekistan
Author-Name: Umarov, Abdusalom
Author-Name-First: Abdusalom
Author-Name-Last: Umarov
Author-Email: rector1@utas.uz
Author-Workplace-Name: University of Tashkent for Applied Science, Tashkent, Uzbekistan
Title: Renewable Energy and CO2 Emissions in Upper-Middle Income Transition Countries
Abstract: The aim of this study is to examine the relationship between renewable energy consumption and CO2 emissions in a sample of 12 upper middle income transitioning countries using data from 1995 to 2022. This study relies on a number of panel data estimation methods such as OLS, fixed effects regression and cointegration techniques. Across all estimations with find that renewable energy decreases CO2 emissions even after controlling for economic growth and trade openness. In addition, the results from Dumitrescu and Hurlin (2012) suggest that there is unidirectional causality from renewable energy to CO2 emissions in our sample. This study offer a number of policy implications and avenues for future research.
Keywords: Renewable Energy, CO2 Emissions, Transition Countries, Panel Data
Journal: International Journal of Energy Economics and Policy
Pages: 195-201
Volume: 15
Issue: 6
Year: 2025
Month: 10
DOI: 10.32479/ijeep.20007
File-URL: https://econjournals.com/index.php/ijeep/article/download/20007/9296
File-Format: application/pdf
Handle: RePEc:eco:journ2:v:15:y:2025:i:6:id:20007