Publications

The impact of economic growth on CO2 emissions in Azerbaijan

Journal of Cleaner Production

This paper investigates the relationship between the economic growth and CO2 emissions in Azerbaijan. A cointegration analysis is conducted over the period 1992–2013. For getting more robust results, Johansen, ARDLBT, DOLS, FMOLS and CCR methods are employed to explore cointegration…

Jeyhun Mikayilov, Marzio Galeotti, Fakhri Hasanov

Decoupling of CO2 emissions and GDP: A time-varying cointegration approach

Ecological Indicators

The relationship between CO2 emissions, the main gas responsible for global warming, and economic growth is among the most studied themes of environmental economics. Reducing overall emissions while keeping a high pace of economic development is at the heart of…

Jeyhun Mikayilov, Fakhri Hasanov, Marzio Galeotti

Measuring international migration in Azerbaijan

Sustainability (Switzerland)

International migration significantly affects economic, social, cultural, and political factors of the country. Owing to this situation, it can be said that the reasons of international migration should be analyzed in order to control this problem. The purpose of this…

Jeyhun Mikayilov

Residential electricity use effects of population in Kazakhstan

International Journal of Energy Technology and Policy

We studied impacts of population groups of 15–64 and 65–above on residential electricity use in Kazakhstan in the STIRPAT framework. Unlike earlier studies for Kazakhstan in the STIRPAT framework, we applied time series cointegration and error correction methods. Results from…

Jeyhun Mikayilov, Fakhri Hasanov

The impact of age groups on consumption of residential electricity in Azerbaijan

Communist and Post-Communist Studies

In this study, we examined the impacts of population age groups of 0–14, 15–64 and 65-above on residential electricity consumption in Azerbaijan within the STIRPAT framework. Unlike many prior studies of STIRPAT framework, we analyzed this impact, employing co-integration and…

Fakhri Hasanov, Jeyhun Mikayilov

Modeling of electricity demand for Azerbaijan: Time-varying coefficient cointegration approach

Energies

Recent literature has shown that electricity demand elasticities may not be constant over time and this has investigated using time-varying estimation methods. As accurate modeling of electricity demand is very important in Azerbaijan, which is a transitional country facing significant…

Jeyhun Mikayilov, Fakhri Hasanov, Carlo Andrea Bollino

Management of Oil Revenues: Has That of Azerbaijan Been Prudent?

Economies

Jeyhun Mikayilov

The role of oil prices in exchange rate movements: the CIS oil exporters

Economies

Fakhri Hasanov, Jeyhun Mikayilov

Does urbanization boost pollution from transport?

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

The study examines the impacts of urbanization, energy consumption and real GDP on atmospheric pollution from automobile transport in Azerbaijan in the STIRPAT framework. Since the study uses time series variables the unit root properties of employed variables are tested…

Jeyhun Mikayilov

The relationship between energy consumption and economic growth: Evidence from Azerbaijan

International Journal of Energy Economics and Policy

The study investigates the causal relationship between energy consumption and economic growth in Azerbaijan using annual data covering the period from 1990 to 2015. We used Toda-Yamamoto causality test framework of vector autoregressive (VAR) model to test causal relationship between…

Jeyhun Mikayilov

Prudent Management of Oil Revenues: Impacts of Government Capital Expenditures in Azerbaijan

Available at SSRN: https://ssrn.com/abstract=3000379

Jeyhun Mikayilov

The Impact of Economic Growth and Population on Co2 Emissions from Transport Sector

Azerbaijan Case. Academic Journal of Economic Studies

Jeyhun Mikayilov

Estimation of the Impacts of Non-Oil Traditional and Non-Traditional Export Sectors on Non-Oil Export of Azerbaijan

Academic Journal of Economic Studies

Jeyhun Mikayilov

Modeling and forecasting electricity demand in Azerbaijan using cointegration techniques

Energies

Policymakers in developing and transitional economies require sound models to: (i) understand the drivers of rapidly growing energy consumption and (ii) produce forecasts of future energy demand. This paper attempts to model electricity demand in Azerbaijan and provide future forecast…

Fakhri Hasanov, Lester C. Hunt, Jeyhun Mikayilov

The analyses of the Bank-Credit Channel in case of Azerbaijan

Academic View

Jeyhun Mikayilov

Testing of Monetary Policy Transmission Mechanisms in the case of Azerbaijan

Journal of Qafqaz University - Economics and Administration

Jeyhun Mikayilov

Does the Budget Expenditure Composition Matter for Long-Run Economic Growth in a Resource Rich Country? Evidence from Azerbaijan

Academic Journal of Economic Studies

Jeyhun Mikayilov

Residential Electricity Use Effects of Population in Russia

Journal of Qafqaz University – Economics and Administration

Jeyhun Mikayilov, Fakhri Hasanov

Sustainable Development and the STIRPAT Framework

Journal of Qafqaz University – Economics and Administration

Jeyhun Mikayilov, Fakhri Hasanov