About the issue
Publications
Partners
September 2024 (published: 09.09.2024)
Number 3(58)
Home > Issue > Formation of management relations based on the relationship
of economy and energy in the SCO countries
Nikonorov. C.M. , Xu Yun , Zhang Shulin
On May 22, 2024, the fifth meeting of the ministers of environment of the member states of the Shanghai Cooperation Organization (SCO) was held in Astana. Currently, the SCO has 9 member states and has become an international organization with the largest population and the widest radiation zone in the world. Current research on member states usually focuses on a specific member state or a specific area of cooperation, lacks a common vision, and fails to comprehensively summarize the development status of member states. We created a dynamic panel model SYS-GMM to place economic growth, energy intensity, energy consumption and carbon dioxide emissions of member countries into the same analysis framework with a time interval from 2000 to 2022. and compared with it using a static panel model. The results show that in the regression results of the dynamic panel model, energy consumption, energy intensity and carbon dioxide emissions are significant. Energy consumption has a positive stimulating effect on economic growth, that is, every time energy consumption increases by 1%, the economic level will increase by 11.53%. Energy intensity has an inverse effect on economic growth, that is, every time energy intensity increases by 1%, the economic level decreases by 4.612%. Carbon dioxide emissions have an inverse effect on economic growth, that is, every time carbon dioxide emissions increase by 1%, the economic level decreases by 0.159%.
Read the full article
Keywords: Shanghai Cooperation Organization (SCO), carbon dioxide emissions, energy intensity, energy consumption, energy efficiency, energy, trade cooperation, investment cooperation.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 338.27
Formation of management relations based on the relationship
of economy and energy in the SCO countries
On May 22, 2024, the fifth meeting of the ministers of environment of the member states of the Shanghai Cooperation Organization (SCO) was held in Astana. Currently, the SCO has 9 member states and has become an international organization with the largest population and the widest radiation zone in the world. Current research on member states usually focuses on a specific member state or a specific area of cooperation, lacks a common vision, and fails to comprehensively summarize the development status of member states. We created a dynamic panel model SYS-GMM to place economic growth, energy intensity, energy consumption and carbon dioxide emissions of member countries into the same analysis framework with a time interval from 2000 to 2022. and compared with it using a static panel model. The results show that in the regression results of the dynamic panel model, energy consumption, energy intensity and carbon dioxide emissions are significant. Energy consumption has a positive stimulating effect on economic growth, that is, every time energy consumption increases by 1%, the economic level will increase by 11.53%. Energy intensity has an inverse effect on economic growth, that is, every time energy intensity increases by 1%, the economic level decreases by 4.612%. Carbon dioxide emissions have an inverse effect on economic growth, that is, every time carbon dioxide emissions increase by 1%, the economic level decreases by 0.159%.
Read the full article
Keywords: Shanghai Cooperation Organization (SCO), carbon dioxide emissions, energy intensity, energy consumption, energy efficiency, energy, trade cooperation, investment cooperation.
DOI 10.17586/2310-1172-2024-17-3-67-74