IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/v15y2025i5id21140.html

Does Energy Policy Risk Threaten Energy Sources Diversification?

Author

Listed:
  • Mamadiyarov, Zokir

    (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)

  • Eshov, Mansur

    (Alfraganus University, Tashkent, Uzbekistan)

  • Otakhonova, Dinora

    (Department of Economics, Urgench State University named after Abu Rayhan Biruni, Urgench, Uzbekistan)

  • Utegenova, Sarbinaz

    (Department of Accounting and Audit, Karakalpak State University, Nukus, 230100, Uzbekistan)

  • Sabirov, Khamid

    (Department of Economics, Urgench Ranch University of Technology, Urgench 220100, Uzbekistan)

  • Marks, Adam

    (College of Business Administration, University of Sharjah, Sharjah, UAE)

  • Bahodirov, Nu'monkhon

    (Faculty of Industrial Management, Fergana State Technical University, Fergana, 150100, Uzbekistan)

Abstract

Recently, to enhance energy sources diversification is becoming on the main priorities in the world. However, effective diversification of energy sources is affected by risks associated with energy policy. In this context, the study explores the effect of energy policy risk on energy sources diversification of the panel of 64 countries spanning the period from 2000 to 2018, employing Method of Moments Quantile Regression. The findings indicate that energy policy risk negatively influences on energy sources diversification across all the quantiles, 10-90%. Moreover, the impact of Chinese energy investment on energy sources diversification is investigated using Difference-In-Differences method since Chinese energy investment might serve as an additional factor shaping energy policy in the region. The results show that Chinese energy investment also has a negative effect of energy sources diversification. The policymakers should implement effective policies considering those factors in order to achieve productive diversification of energy sources.

Suggested Citation

  • Mamadiyarov, Zokir & Eshov, Mansur & Otakhonova, Dinora & Utegenova, Sarbinaz & Sabirov, Khamid & Marks, Adam & Bahodirov, Nu'monkhon, 2025. "Does Energy Policy Risk Threaten Energy Sources Diversification?," International Journal of Energy Economics and Policy, Econjournals, vol. 15(5), pages 730-740, August.
    • Handle: RePEc:eco:journ2:v:15:y:2025:i:5:id:21140
    DOI: 10.32479/ijeep.21140
    as

    Download full text from publisher

    File URL: https://econjournals.com/index.php/ijeep/article/download/21140/9235
    Download Restriction: no
    File URL: https://libkey.io/10.32479/ijeep.21140?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:v:15:y:2025:i:5:id:21140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Monica Sinhat (email available below). General contact details of provider: https://econjournals.com/index.php/ijeep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.