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      The FDI-CO2 Nexus From The Sustainable Development Perspective: The Case of Azerbaijan

      The FDI-CO2 Nexus From The Sustainable Development Perspective: The Case of Azerbaijan

      Taylor and Francis Online

      The current study explores the effect of Foreign Direct Investment (FDI) on CO2 emissions in Azerbaijan utilizing time series data spanning from 1996 to 2013. The structural time series modeling (STSM) approach is employed in empirical estimations. The STSM framework allows…

      Shahriyar Mukhtarov, Shahriyar Aliyev, Jeyhun Mikayilov, Altay Ismayilov, Anar Rzayev

      2020
      Do High Oil Prices Obstruct the Transition to Renewable Energy Consumption?

      Do High Oil Prices Obstruct the Transition to Renewable Energy Consumption?

      MDPI

      The study analyzes the impact of economic growth, carbon dioxide (CO2) emissions, and oil price on renewable energy consumption in Azerbaijan for the data spanning from 1992 to 2015, utilizing structural time series modeling approach. Estimation results reveal that there…

      Jeyhun Mikayilov, Shahriyar Mukhtarov, Vugar Muradov, Sugra Humbatova

      2020
      Environmental consequences of tourism: do oil-exporting countries import more CO2 emissions?

      Environmental consequences of tourism: do oil-exporting countries import more CO2 emissions?

      taylor & Francis Online

      The study explores the impact of international tourism on consumption-based CO2 emissions in the case of Azerbaijan for the period of 1995–2013. The results of the long-run estimations revealed that the relationship between CO2 emissions and international tourism revenues is N-shaped.…

      Shahriyar Mukhtarov, Jeyhun Mikayilov, Jeyhun Mammadov, Shahriyar Aliyev

      2020
      Re-evaluating the Environmental Impacts of Tourism: Does EKC Exist?

      Re-evaluating the Environmental Impacts of Tourism: Does EKC Exist?

      Springer

      The study investigates the long-run impact of tourism development on ecological footprint by employing the time-varying coefficient cointegration approach (TVC), in addition to the conventional cointegration techniques in the case of Azerbaijan for the period of 1996–2014.

      Jeyhun Mikayilov, Jeyhun Mammadov, Mayis Azizov, Shahriyar Mukhtarov