Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/329178 
Year of Publication: 
2024
Citation: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 12 [Issue:] 9 [Article No.:] 251 [Year:] 2024 [Pages:] 1-12
Publisher: 
MDPI, Basel
Abstract: 
Central Asia (CA) is a young integrated region formed after the collapse of the Soviet Union, with most of its infrastructure based on fossil fuels. The traditional energy and water infrastructure is facing huge inefficiency and technical losses. This study investigates the transition of the green, blue, and energy economies in Central Asia using a small-dimensional panel dataset on five countries, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan, over the period 1995-2018. The authors analyze the impact of ecological footprint, water withdrawal, and energy consumption on gross domestic product. In applying the Panel Vector Error Correction Model, evidence was found supporting the long-running association between variables. Furthermore, the adjustment coefficients suggest that only GDP growth will adjust toward equilibrium. Overall, the findings suggest a more effective role of green transition compared to blue and energy transitions.
Subjects: 
Central Asia
energy
green growth
water
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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