Energy Independence Risk and Energy Policy Risk: Theory and Empirical Testing

Authors

  • Jamshid Pardaev Department of Finance and Tourism, Termez University of Economics and Service, Termez, Uzbekistan
  • Dilfuza Matyokubova Department of Economics, Urgench State University, Home 14, Kh. Alimjan Str., Urgench, 220100, Uzbekistan
  • Fakhriddin Isaev Research Center CEDR under the Tashkent State University of Economics, Tashkent, Uzbekistan
  • Ergash Ibadullaev Department of Economics, Non-government Educational Institution “Mamun University”, 220900 Khiva, Uzbekistan
  • Ebrahim Merza Kuwait University, Kuwait City, Kuwait
  • Khamid Sabirov Department of Economics, Urgench Ranch University of Technology, Urgench 220100, Uzbekistan
  • Nazirjon Rajabov Department of International Scientific Journals and Ratings, Alfraganus University, Tashkent, Uzbekistan

DOI:

https://doi.org/10.32479/ijeep.21768

Keywords:

Energy Policy Risk, Energy Independence Risk, MMQR

Abstract

The study investigates the unique relation in the middle of regulatory risk in the energy sector and energy independence risk across 135 countries from 2000 to 2023. The method of moments quantile regression (MMQR) is conducted for the empirical estimations along with the second generation methods such as CIPS unit root and Westerlund cointegration tests. The outcomes illustrate a vital positive effect of power policy risk on energy independence risk across all the (10%-90%) quantiles of the regression. The policy implications are provided to consider the function of energy policy in achieving fuel independence.

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Published

2025-10-12

How to Cite

Pardaev, J., Matyokubova, D., Isaev, F., Ibadullaev, E., Merza, E., Sabirov, K., & Rajabov, N. (2025). Energy Independence Risk and Energy Policy Risk: Theory and Empirical Testing. International Journal of Energy Economics and Policy, 15(6), 595–602. https://doi.org/10.32479/ijeep.21768

Issue

Vol. 15 No. 6 (2025)

Section

Articles

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