27 results

Iran Sanctions: Implications for the Oil Market
Models, Data and Tools

Iran Sanctions: Implications for the Oil Market

Carlo Andrea Bollino, Brian Efird, Fakhri Hasanov, Emre Hatipoglu

United States (U.S.) Iran energy sanction waivers expired May 2, 2019. The waivers permitted eight economies (China, Greece, India, Italy, Japan, South Korea, Taiwan, and Turkey) to temporarily continue buying oil from Iran. Based on KAPSARC modeling of the political…

Carlo Andrea Bollino Bollino, Carlo Andrea
Brian Efird Efird, Brian
Fakhri Hasanov Hasanov, Fakhri
Emre Hatipoglu Hatipoglu, Emre
May 9, 2019
Estimating the Impact of Energy Price Reform on Saudi Arabian Intergenerational Welfare using the MEGIR-SA Model
Models, Data and Tools Energy and Economic Vulnerability

Estimating the Impact of Energy Price Reform on Saudi Arabian Intergenerational Welfare using the MEGIR-SA Model

Energy Journal

This paper investigates the intergenerational welfare impact of raising state administered retail energy prices in Saudi Arabia, an example of an oil exporting country with a fast growing population. To achieve this, we develop a dynamic model with overlapping generations (called MEGIR-SA), which…

Frederic Gonand, Fakhri Hasanov, Lester C. Hunt

2019
The impact of economic growth on CO2 emissions in Azerbaijan

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

2018
Decoupling of CO2 emissions and GDP: A time-varying cointegration approach

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

2018
Residential electricity use effects of population in Kazakhstan

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

2018
The impact of age groups on consumption of residential electricity in Azerbaijan

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

2017
The Role of Oil Price in Exchange Rate Movements: the CIS Oil-Exporters

The Role of Oil Price in Exchange Rate Movements: the CIS Oil-Exporters

Economies

Fakhri Hasanov

2017
Modeling and forecasting electricity demand in Azerbaijan using cointegration techniques

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

2016
Do population age groups matter in the energy use of the oil-exporting countries?

Do population age groups matter in the energy use of the oil-exporting countries?

Economic Modelling

This study examines the impacts of the population age groups of 20-34, 35-49, 50-64 and 65-79 on the per capita energy use of the oil-exporting countries of Commonwealth Independent States: Azerbaijan, Kazakhstan and Russia employing the modified-STIRPAT framework. Considering that…

Fakhri Hasanov

2016
Natural Resource Revenue Management Strategies in Developing Countries: A Calibrated Macroeconomic Model for Uganda
Climate Change Policies and Governance

Natural Resource Revenue Management Strategies in Developing Countries: A Calibrated Macroeconomic Model for Uganda

Fakhri Hasanov, Fred Joutz, Baltasar Manzano

Recent natural resource discoveries in Eastern Africa provide an opportunity to boost economic development. However, this opportunity brings with it potential challenges in the form of ‘Dutch disease’ and, potentially, the ‘resource curse’. A companion paper to this report: Managing…

Fakhri Hasanov Hasanov, Fakhri
Fred Joutz Joutz, Fred
Baltasar Manzano Manzano, Baltasar
December 24, 2015
Residential Electricity Use Effects of Population in Russia

Residential Electricity Use Effects of Population in Russia

Journal of Qafqaz University – Economics and Administration

Jeyhun Mikayilov, Fakhri Hasanov

2015
Macroeconomic Challenges for Eastern Africa

Macroeconomic Challenges for Eastern Africa

Fakhri Hasanov, Fred Joutz, Baltasar Manzano

Recent natural resource discoveries in Eastern Africa provide an enormous opportunity to boost economic development. However, success is not inevitable and the causes of failure have been extensively researched during recent years. This paper summarizes the challenges that can beset…

Fakhri Hasanov Hasanov, Fakhri
Fred Joutz Joutz, Fred
Baltasar Manzano Manzano, Baltasar
September 6, 2015
Sustainable Development and the STIRPAT Framework

Sustainable Development and the STIRPAT Framework

Journal of Qafqaz University – Economics and Administration

Jeyhun Mikayilov, Fakhri Hasanov

2014