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CO2 Emission and Research and Development Relationship for Azerbaijan

Author

Listed:
  • Nigar Huseynli

    (Department of Business Administration, Azerbaijan State University of Economics, Baku, Azerbaijan)

Abstract

Countries take different measures to reduce environmental pollution. Countries sometimes choose taxation as a method for environmentally friendly production and consumption activities. On the other hand, they also make additional environmental expenditures to protect the environment. The method and implementation of the decisions to be taken differ from country to country. In this study, the relationship between CO2 emissions and government R&D expenditures for Azerbaijan is examined. In the study, causality analysis was carried out using annual data for the period 1998-2022. After performing the necessary assumption tests in the analysis, the Granger method was preferred. According to the findings of the study, no causal relationship could be determined between R&D expenditures and CO2 emissions. In other words, there is no causal relationship between these variables.

Suggested Citation

  • Nigar Huseynli, 2024. "CO2 Emission and Research and Development Relationship for Azerbaijan," International Journal of Energy Economics and Policy, Econjournals, vol. 14(1), pages 219-223, January.
    • Handle: RePEc:eco:journ2:2024-01-23
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    References listed on IDEAS

    as
    1. Deeney, Peter & Cummins, Mark & Heintz, Katharina & Pryce, Mary T., 2021. "A real options based decision support tool for R&D investment: Application to CO2 recycling technology," European Journal of Operational Research, Elsevier, vol. 289(2), pages 696-711.
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    More about this item

    Keywords

    Environmental Pollution; CO2; Research and Development; Granger Casuality; Azerbaijan;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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