Energy-Related Uncertainty and Crypto-Currency Environmental Attention: Time-Varying Perspective

Authors

  • Takhir Kuchkarov Department of Digital Economy, Tashkent State University of Economics, Tashkent, Uzbekistan
  • Zokir Mamadiyarov Department of Economics, Mamun University, Khiva, Uzbekistan; & Department of Finance and Tourism, Termez University of Economics and Service, Termez, Uzbekistan; & Department of Bank Accounting and Auditing, Tashkent State University of Economics, Tashkent, Uzbekistan
  • Ziyodulla Khakimov Department of Management and Marketing, Alfraganus University, Tashkent, Uzbekistan
  • Oysuluv Sabirova Department of Economics, Urgench State University, Urgench, Uzbekistan
  • Khojimurod Matmurodov Department of Translation theory and practice, Urgench State University, Urgench, Uzbekistan
  • Mashkhura Raimboyeva Department of Economy, Urgench State University, Urgench, Uzbekistan
  • Sarvinoz Umarova Department of Economics, Central Asian University, Tashkent, Uzbekistan

DOI:

https://doi.org/10.32479/ijeep.20784

Keywords:

Cryptocurrency Environmental Attention, Energy-related Uncertainty, Time-Varying Analysis, Time-Varying Parameter Vector Autoregression, Geopolitical Risk, Financial Stress

Abstract

The article investigates the time-varying effects of cryptocurrency environmental attention on energy-related uncertainty, distinguishing itself from previous research that focuses on static relationships or disregards the time-varying nature of these interactions in the context of global financial and geopolitical events. A time-varying parameter vector autoregression (TVP-VAR) model is estimated based on global monthly data from February 2014 to October 2022. Geopolitical risk and financial stress are also utilized as control variables. The findings demonstrate that cryptocurrency environmental attention significantly negatively affects energy-related uncertainty in 2019. Additionally, financial stress exhibits a negative response to shocks in cryptocurrency environmental attention during the years 2015 and 2016. Geopolitical risk demonstrates a positive correlation with cryptocurrency environmental attention in 2021, with these relationships showing considerable variation across distinct time periods and global events. This article presents important information for policymakers regarding the regulation of cryptocurrency and energy markets. The results indicate that monitoring environmental factors in cryptocurrency markets may reduce energy-related uncertainties during stable conditions; however, this influence weakens in the face of global crises, including pandemics or geopolitical tensions.

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Published

2025-08-20

How to Cite

Kuchkarov, T., Mamadiyarov, Z., Khakimov, Z., Sabirova, O., Matmurodov, K., Raimboyeva, M., & Umarova, S. (2025). Energy-Related Uncertainty and Crypto-Currency Environmental Attention: Time-Varying Perspective. International Journal of Energy Economics and Policy, 15(5), 614–626. https://doi.org/10.32479/ijeep.20784

Issue

Vol. 15 No. 5 (2025)

Section

Articles

License

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