Metabolism of Creative Economy: Its Nexus with Energy Consumption Factors
Utepkaliyeva K. Kakizhanova T. Amirova A. Arzayeva M. Utaliyeva R. Andabayeva G.
20 August 2025Econjournals
International Journal of Energy Economics and Policy
2025#15Issue 5547 - 554 pp.
The purpose of this research work is to assess the impact of energy consumption factors on the creative economy. The creative economy is currently associated with green economy, innovation, knowledge, technology and digitalization. It is important to assess whether the creative economy is developing in line with sustainable development goals and with minimal environmental impact. In this context, the authors use the NARDL model to see if energy consumption volume have some impact on creative economy. West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel, Renewable energy consumption (as a percentage of total final energy consumption), Electric net consumption (billion kWh), Refined petroleum product consumption (Mb/d), and Carbon dioxide (CO2 ) emissions from the power industry (energy) (Mt CO2e) were all considered as independent variables. Total gross value added for creative industries, a dependent variable, was taken on a special request from the National Statistical Bureau. The results of the study show that energy consumption has a clear impact on the creative economy.
CO2 Emissions , Creative Economy , Electricity Consumption , Energy Consumption , Oil Price
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Atyrau University Named After H. Dosmukhamedov, Atyrau, Kazakhstan
Al-Farabi Kazakh National University, Almaty, Kazakhstan
Almaty Management University, Almaty, Kazakhstan
Kazakh University of International Relations and World Languages Named After Ablai Khan, Almaty, Kazakhstan
Atyrau University Named After H. Dosmukhamedov
Al-Farabi Kazakh National University
Almaty Management University
Kazakh University of International Relations and World Languages Named After Ablai Khan
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