Causality between Selected Energy Companies’ Price Indexes and Barel Oil Prices

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.

Section: Introductionmentioning

confidence: 93%

CO2 Emission and Research and Development Relationship for Azerbaijan

Huseynli

2024

“…Investments are also affected by oil prices. In a study conducted by Huseynli (2023), the causality relationship between economic growth, foreign investments, total capital increases in the country and oil and gas sector revenues were examined in Azerbaijan. As a result of the study, a bidirectional causality relationship was obtained between economic growth and foreign investments in Azerbaijan.…”

Section: Literature Review On Oil Prices and Exchange Ratementioning

confidence: 99%

The Effect of World Oil Price on Türkiye’s Exchange Rate

Huseynli

2023

Oil prices are used in international markets both as one of the key prices and as an indicator price for other energy sources other than oil. Especially in developing oil importing countries like Turkey, the relationship of this important input with the exchange rate has always been an interesting research topic. In this study, the relationship between oil prices and nominal exchange rate in Turkey is examined by causality tests using daily data set (total 5168 observations) for the period of 3 April 2013-3 April 2023. The findings obtained from the analyzes indicate the existence of a unilateral causality relationship between the variables. This positive relationship indicates that there is a causality running from oil prices to the exchange rate. On the other hand, there was no causal relationship from exchange rate to oil prices. The results obtained show similar results with such articles made before in the literature.

“…Due to globalization, the scale of international commerce, and widespread internet usage, people are compelled to consume more. In this setting, the global importance of energy production and consumption is likewise rising (Huseynli, 2023). Nonetheless, when supply cannot keep up with demand, energy conservation is a primary priority for all governments.…”

Section: Introductionmentioning

confidence: 99%

Gamification in Energy Consumption: A Model for Consumers’ Energy Saving

Huseynli

2024

In this study, the possibility of saving energy with gamification designed applications was investigated, literature studies on this subject were examined and a gamification-based approach was followed for energy saving. From this point of view, the aim of the study is to propose a gamification-based model to make energy saving easier, fun, enjoyable and beneficial. This study is exploratory qualitative research using systematic literature review, synthesis and induction methods. Within the scope of the study, the literature was first examined. The literature review focused on learning gamification-based designs that encourage energy consumption reduction. After that, a new model was developed based on the general principles of gamification, the characteristics of consumer behavior and the energy consumption target, which is the main subject of the study. As a result of the study, a gamification-based model is proposed for household consumers to reduce their energy consumption and save energy. This gamification-based model includes making energy savings easier and more beneficial for consumers, as well as making it more fun and enjoyable. After that, the proposed model was analyzed based on the studies in the literature and finally the potential of the proposed framework was discussed.