Kazi Sohag - Research

Kazi Sohag

Major Research Grant Received

Role of Minerals to Global Energy Transitions. 23-18-01045. Russian Science Foundation (Position: Project Leader; Amount 18 million Ruble, USD 200000 approximately).
Developing a sustainable development strategy for the BRICS monetary and financial system using machine learning and artificial intelligence algorithms No: 25-18-01162. Russian Science Foundation (Position: Lead Researcher; Amount 18 million Ruble, USD 200000 approximately).
Modeling the future of Oil Demand and Fiscal Sustainability: Evidence from Iran and Russia. 20-510-56021, Russian Foundation for Basic Research. (Position: Project Leader; Amount 6 million Ruble, USD70000 approximately)
Natural Resources Policy, Ministry of Science and Higher Education of the Russian Federation, Ural Federal University project within the Priority-2030 Program. (Position: Project Leader; Amount 18 Million Ruble, USD200000 approximately).
Mitigating the Adverse Effects of COVID-19 Pandemic on the Saudi Arabian Economy, GCV19-12-1441, King Abdulaziz University Jeddah, Saudi Arabia. (Position: Lead Researcher; Amount 80000 Riyal, USD 21000 approximately).
The role of finance in promoting renewable energy and green technology in KSA. King Abdulaziz University, Jeddah, Saudi Arabia, and King Abdullah City for Atomic and Renewable Energy, Riyadh, Saudi Arabia under grant no. (KCR-KFL-06-20). (Position: Lead Researcher; Amount 80000 Riyal, USD 21000 approximately).
Globalization and Institutional Quality: Evidence from MENA countries, KEP-1-120-39, King Abdulaziz University Jeddah, Saudi Arabia. (Position: Lead Researcher; Amount 80000 Riyal, USD 21000 approximately).
Role of Financial Market Development in reducing carbon intensity through Innovation and cleaner energy production, Ministry of Education science and Technology, Kosovo. (Position: Lead Researcher; EURO 6000 approximately).
Faculty Research Grant 2016/2017, Center of Excellence on Sustainable Business Processes. Abu Dhabi University.
Comparative Study on Finance-Growth Nexus In Malaysia and Indonesia: Role Of Governance, 600-Rmi/Ari_Ires 5/3(0060/2016), Accounting Research Institute (ARI) , Universiti Teknologi Mara.
Size of Shadow Economic and Governance, 600-Rmi/Ari_Ires 5/3(0060/2018), Accounting Research Institute (ARI) Universiti Teknologi Mara.
University Research Fellowship Scheme (Zamalah Scholarship at University Kebangsaan Malaysia).
Economic Assessment of Low Carbon Technologies and GHG Emissions for Energy Sector in Malaysia (ERGS/1/2011/Ss/Ukm/02/29).
Economic Approaches for Linking Disaster Risk Management and Climate Change Adaption” (DPP-2013-144)
Feasibility Study of Low Carbon Technology in Terms of Emission Reduction as well as Economic Cost and Benefit (FRGS/1/2013/TK07/UKM/02/4)

Publications

2025

Islam, M. M., Alam, M. M., & Sohag, K. (2025). Recycling through technology diffusion for circular economy in Europe: A decomposed assessment. Technological Forecasting and Social Change, 214, 124052. Technological Forecasting & Social Change. (SSCI; IF=12.9; Q1; ABDC=A)
Gurdgiev, C., Sohag, K., & Islam, M. M. (2025). Emerging Asia’s move towards a net-zero path: The interplay of environmental threats, energy systems innovation, and vulnerability. Energy Economics, 108864. (SSCI; IF=12.8; Q1, ABDC=A*).
Sohag, K., Karass, V., & Alam, K. (2025). European Industrial Production in the Face of Energy Dynamics and Geopolitical Shocks. Energy, 134451.(SCI; IF=9; Q1)
Tahtamoni, T., Hassan, M. K., & Sohag, K. (2025). Impact of ESG practices and economic volatility on firm performance in the US IT Sector: Evidence from 2010–2022. Journal of Environmental Management, 393, 127048. (SSCI; IF=8.4; Q1, ABDC=A)
Ahmed, F., Sohag, K., Islam, M. M., & Hassan, M. K. (2025). Navigating turbulence: How do geopolitical risks and oil price shocks shape global equity markets? A GVAR approach. Borsa Istanbul Review.
Ameer, W., Sohag, K., Zhan, Q., Shah, S. H., & Yongjia, Z. (2025). Do financial development and institutional quality impede or stimulate the shadow economy? A comparative analysis of developed and developing countries. Humanities and Social Sciences Communications, 12(1), 1-11.Nature publisher.(SSCI; IF=3.7; Q1)
Nazir, S., Sohag, K., & Mariev, O. (2025). Geopolitical Risk and Trade Reorientation Dynamics: A Comparative Study. Emerging Markets Finance and Trade, 1-22.(SSCI; IF=2.8; Q1, ABDC=B)
Zada, H., Ullah, M., & Sohag, K. (2025). Examining the role of jumps on the returns and integrated volatility of emerging Asian stock markets during global financial crises and Covid-19: an application of the swap variance jump approach. Journal of Asset Management, 1-14. .(SSCI; IF=1.5; Q2).
Islam, M. M., Shahbaz, M., & Sohag, K. (2025). Financial Innovation and Clean Energy Technology Development: Policy Vs Geopolitics. Renewable Energy, 122968.
Islam, M. M., Mariev, O., & Sohag, K. (2025). International mineral trade-cleaner energy transformation nexus: How decomposed mineral prices and geopolitical events act?. Energy Strategy Reviews, 59, 101699.
Ahmed, F., Sohag, K., Islam, M. M., & Hassan, M. K. (2025). Navigating turbulence: How do geopolitical risks and oil price shocks shape global equity markets? A GVAR approach. Borsa Istanbul Review.
Islam, M. M., & Sohag, K. (2025). Trading in Turbulent Times: Unravelling the Interplay between Trade Policy Uncertainty and Geopolitics in Russian Mineral Resource Supply. Foreign Trade Review, 60(3), 267-290.
Ullah, M., & Sohag, K. (2025). Correlations and volatility spillovers across cryptocurrency and stock markets: linking gold, bonds, and FRX. International Journal of Computational Economics and Econometrics, 15(1-2), 49-77.
Ahmed, F., Sohag, K., Mariev, O., Islam, R., Alam, M. A., & Shuvo, M. R. (2025). Spillover Effects of Global, Local, and Mutual Risks on Financial Stress: How Do Superpowers React?. Chinese Political Science Review, 1-36.
Badur, M. M., & Sohag, K. (2025). The nexus between ICT diffusion and income disparity: Insights from post-Soviet economies. Journal of the Knowledge Economy, 16(2), 9365-9380.

2024

Sohag, K., Islam, M. M., & Hammoudeh, S. (2024). From policy stringency to environmental resilience: Unraveling the dose-response dynamics of environmental parameters in OECD countries. Energy Economics, 134, 107570. (SSCI; IF=12.8; Q1, ABDC=A*).
Sohag, K., Vasilyeva, R., Voytenkov, V., & Hammoudeh, S. (2024). Natural resource extraction and economic diversification in Russian regions: Application of dynamic DID. Energy Economics, 134, 107570. (SSCI; IF=12.8; Q1, ABDC=A*).
Sohag, K., Husain, S., & Soytas, U. (2024). Environmental policy stringency and ecological footprint linkage: Mitigation measures of renewable energy and innovation. Energy Economics, 107721. (SSCI; IF=12.8; Q1, ABDC=A*)
Islam, M. M., Sohag, K., Berezin, A., & Sergi, B. S. (2023). Factor proportions model for Russian mineral supply-driven global energy transition: Does externality matter?. Energy Economics, 107242. (SSCI; IF=12.8; Q1, ABDC=A*).
Shams, R., Sohag, K., Islam, M. M., Vrontis, D., Kotabe, M., & Kumar, V. (2024). B2B marketing for industrial value addition: How do geopolitical tension and economic policy uncertainty affect sustainable development?. Industrial Marketing Management, 117, 253-274. (ABDC=A*)
Husain, S., Sohag, K., & Wu, Y. (2024). The responsiveness of renewable energy production to geopolitical risks, oil market instability and economic policy uncertainty: Evidence from United States. Journal of Environmental Management, 350, 119647.
Islam, M. M., Sohag, K., & Mariev, O. (2024). Mineral import demand-driven solar energy generation in China: A threshold estimation using the counterfactual shock approach. Renewable Energy, 119764.
Sohag, K., Badur, M. M., Ameer, W., & Vilamová, Š. (2024). Does ICT diffusion validate skill-biased technological change hypothesis? Evidence from the post-Soviet countries. Technology in Society, 102450.
Elsayed, A. H., Sohag, K., & Sousa, R. M. (2024). Oil shocks and financial stability in MENA countries. Resources Policy, 89, 104653.
Sohag, K., Kalina, I., & Samargandi, N. (2024). Oil market cyclical shocks and fiscal stance in OPEC+. Energy, 296, 130949. (SSCI IF=10.2; Q1, ABDC=B).
Ahmed, F., Gurdgiev, C., Sohag, K., Islam, M. M., & Zeqiraj, V. (2024). Global, local, or glocal? Unravelling the interplay of geopolitical risks and financial stress. Journal of Multinational Financial Management, 75, 100871. (SSCI IF=2.9; Q1, ABDC=B).
Gainetdinova, A., & Sohag, K. (2024). The dynamic response of Russian exchange rate to precious metals and minerals prices. Mineral Economics, 1-17.
Ullah, M., Sohag, K., Doroshenko, S., & Mariev, O. (2024). Examination of Bitcoin Hedging, Diversification and Safe-Haven Ability During Financial Crisis: Evidence from Equity, Bonds, Precious Metals and Exchange Rate Markets. Computational Economics, 1-33. (SSCI; IF=1.9, ABDC=B)

2023

Sohag, K., Kalina, I., & Elsayed, A. H. (2023). Financial stress in Russia: Exploring the impact of oil market shocks. Resources Policy, 86, 104150.
Sohag, K., Hassan, M. K., Kalina, I., & Mariev, O. (2023). The relative response of Russian National Wealth Fund to oil demand, supply and risk shocks. Energy Economics, 123, 106724. (SSCI; IF=12.8; Q1, ABDC=A*).
Islam, M. M., Sohag, K., & Mariev, O. (2023). Geopolitical risks and mineral-driven renewable energy generation in China: a decomposed analysis. Resources Policy, 80, 103229.
Sohag, K., Islam, M. M., Tomas Žiković, I., & Mansour, H. (2023). Food inflation and geopolitical risks: analyzing European regions amid the Russia-Ukraine war. British Food Journal, 125(7), 2368-2391.
Sohag, K., Hassan, M. K., Bakhteyev, S., & Mariev, O. (2023). Do green and dirty investments hedge each other?. Energy Economics, 120, 106573. (SSCI; IF=12.8; Q1, ABDC=A*).
Mamman, S. O., Sohag, K., & Abubakar, A. B. (2023). Inclusive growth in Africa: Do fiscal measures matter?. Cogent Economics & Finance, 11(2), 2273604.
Rehman, F. U., & Sohag, K. (2023). Does transport infrastructure spur export diversification and sophistication in the G-20 economies? An application of CS-ARDL. Applied Economics Letters, 30(14), 1861-1865.
Sohag, K., Gainetdinova, A., & Mariev, O. (2023). Economic growth, institutional quality and deforestation: Evidence from Russia. Forest Policy and Economics, 150, 102949.
Abbas, S., Sohag, K., & Suleman, S. (2023). Income from international tourism and domestic investment in South Asia: evidence from heterogeneous panel econometrics. Current Issues in Tourism, 26(11), 1845-1860.
Shakib, M., Sohag, K., Mariev, O., Samargandi, N., & Ferraris, A. (2023). Innovation and credit market deepening: Evidence from Russian region. Journal of Innovation & Knowledge, 8(3), 100391.
Samargandi, N., Islam, M. M., & Sohag, K. (2023). Towards realizing vision 2030: input demand for renewable energy production in Saudi Arabia. Gondwana Research.
Badur, M. M., Sohag, K., Hammoudeh, S., & Uddin, G. S. (2023). Costs of economic growth: new insights on wealth and income inequalities in the post-communist countries. Post-Communist Economies, 35(8), 830-855.
Islam, M. M., Shahbaz, M., Sultana, T., Wang, Z., Sohag, K., & Abbas, S. (2023). Changes in environmental degradation parameters in Bangladesh: The role of net savings, natural resource depletion, technological innovation, and democracy. Journal of Environmental Management, 343, 118190.
Sohag, K., Sokolova, Y., Vilamová, Š., & Blueschke, D. (2023). Volatility transmission from critical minerals prices to green investments. Resources Policy, 82, 103499.
Mamman, S. O., Sohag, K., & Abubakar, A. B. (2023). Climate change and inclusive growth in Africa. Cogent Economics & Finance, 11(2), 2282869.
Mirnezami, S. R., Sohag, K., Jamour, M., Moridi-Farimani, F., & Hosseinian, A. (2023). Spillovers effect of gas price on macroeconomic indicators: A GVAR approach. Energy Reports, 9, 6211-6218.
Rao, A., Dagar, V., Sohag, K., Dagher, L., & Tanin, T. I. (2023). Good for the Planet, Good for the Wallet: The ESG Impact on Financial Performance in India. Finance Research Letters, 104093.
Islam, M., & Sohag, K. (2023). Mineral import demand and wind energy deployment in the USA: Co-integration and counterfactual analysis approaches. Mineral Economics, 1-21.
Badur, M. M., & Sohag, K. (2023). Does Trade Integration Reorient Income Inequality? Evidence from the Post-Soviet Countries. Management & Accounting Review, 22(2).
Mamman, S. O., & Sohag, K. (2023). Inclusive Growth and Structural Transformation: The Role of Innovation and Digitalisation Spillover. Economy of Regions, 19(3), 598-611.
Darusalam, Omar, N., Janssen, M., Said, J., & Sohag, K. (2023). The influence of ICT diffusion and globalization on the quality of governance: A study using panel data from ASEAN countries. Information Development, 39(1), 46-59.
Rehman, F. U., Sohag, K., & Saeed, T. (2023). Impact of Sectoral Infrastructure on Export and Foreign Direct Investment Inflow: Evidence from Selected South Asian Economies by Applying a New Global Infrastructure Index. Journal of Infrastructure Systems, 29(1), 04022045.
Ullah, M., Sohag, K., Khan, S., & Sohail, H. M. (2023). Impact of Russia–Ukraine conflict on Russian financial market: Evidence from TVP-VAR and quantile-VAR analysis. Russian Journal of Economics, 9(3), 284-305.
Vasilyeva, R., Sohag, K., & Hammoudeh, S. (2023). Unlocking Fiscal Decentralization’s Potential to Narrow Regional Economic Disparities. Foresight and STI Governance, 17(4).

2022

Sohag, K., Shams, R.,Gainetdinova, A., Nappo., F., (2022). Frequency connectedness and cross-quantile dependence among medicare, medicine prices and health-tech equity. Technovation, (SSCI; IF=6.60, Q1)
Islam, M. M., Sohag, K., Hammoudeh, S., Mariev, O., & Samargandi, N. (2022). Minerals import demands and clean energy transitions: A disaggregated analysis. Energy Economics, 106205. (SSCI; IF=12.8; Q1, ABDC=A*).
Islam, M. M., Sohag, K., & Alam, M. M. (2022). Mineral import demand and clean energy transitions in the top mineral-importing countries. Resources Policy, 78, 102893. (SSCI; IF=5.63, Q1)
Sohag, K., Hammoudeh, S., Elsayed, A., Mariev, O., & Safonova, Y. (2022). Do geopolitical events transmit opportunity or threat to green markets? Decomposed measures of geopolitical risks. Energy Economics, 106068. (SSCI; IF=7.042; Q1).(SSCI; IF=12.8; Q1, ABDC=A*).
Husain, S., Sohag, K., & Wu, Y. (2022). The response of green energy and technology investment to climate policy uncertainty: An application of twin transitions strategy. Technology in Society, 71, 102132.
Rehman, F. U., Islam, M. M., & Sohag, K. (2022). Does infrastructural development allure foreign direct investment? The role of Belt and Road Initiatives. International Journal of Emerging Markets, (ahead-of-print).
Kazemian, S., Djajadikerta, H. G., Trireksani, T., Sohag, K., Sanusi, Z. M., & Said, J. (2022). Carbon management accounting (CMA) practices in Australia’s high carbon-emission industries. Sustainability Accounting, Management and Policy Journal, 13(5), 1132-1168.
Sokhanvar, A., & Sohag, K. (2022). What does the clean energy transition look like for Russian oil exports?. Energy Science & Engineering, 10(12), 4512-4519.
Islam, M. M., Sohag, K., & Mariev, O. (2023). Geopolitical risks and mineral-driven renewable energy generation in China: A decomposed analysis. Resources Policy, 80, 103229.
Zeqiraj, V., Sohag, K., & Hammoudeh, S. (2022). Financial inclusion in developing countries: Do quality institutions matter?. Journal of International Financial Markets, Institutions and Money, 81, 101677.
Chandrarin, G., Sohag, K., ..... (2022). Will economic sophistication contribute to Indonesia's emission target? A decomposed analysis. Technological Forecasting & Social Change. (SSCI; IF=8.59; Q1)
Abbas, S., Sohag, K., Suleman, S., (2022). Income from international tourism and domestic investment in South Asia: evidence from heterogeneous panel econometrics. Current Issue in Tourism (SSCI: IF=7.430; Q1)
Sohag, K., Shams, R., Mariev, O., Davidson, N., (2022) Capital Market Deepening, Governor’s Characteristics and Russian Regional Enterprises: A Big Data Analysis, Journal of Business Research, (SSCI IF=7.55; Q1)
Chandrarin, G., Sohag, K., ......(2022) The response of exchange rate to coal price, palm oil price, and inflation in Indonesia: Tail dependence analysis , Resources Policy, 77, 102750. (SSCI; IF=5.63, Q1)
Sohail, H. M., Ullah, M., Sohag, K., & Rehman, F. U. (2022). Response of Pakistan’s economic growth to macroeconomic variables: an asymmetric analysis. Environmental Science and Pollution Research, 1-16.
Samargandi, N., & Sohag, K. (2022). The interaction of finance and innovation for low carbon economy: Evidence from Saudi Arabia. Energy Strategy Reviews, 41, 100847 (SCI; IF=6.42, Q2)
Sohag, K., Vasilyeva, R., Urazbaeva, A., & Voytenkov, V. (2022). Stock Market Synchronization: The Role of Geopolitical Risk. Journal of Risk and Financial Management, 15(5), 204.
Sohag, K., Sokhanvar, A., Belyaeva, Z., & Mirnezami, S. R. (2022). Hydrocarbon prices shocks, fiscal stability and consolidation: Evidence from Russian Federation. Resources Policy, 76, 102635. (SSCI; IF=5.63, Q1)
Ameer, W., Xu, H., Sohag, K., Halwan, M. M., & Amin, A. (2022). Research methods in economics and its implications for capital formation. Economic Research-Ekonomska Istraživanja, 1-20. (SSCI; IF=3.03, Q2)
Destek, M. A., Sohag, K., Aydın, S., & Destek, G. (2022). Foreign direct investment, stock market capitalization, and sustainable development: relative impacts of domestic and foreign capital. Environmental Science and Pollution Research, 1-13.
Sohag, K., Islam, M. M., Žiković, I. T., & Mansour, H. (2022). Food inflation and geopolitical risks: analyzing European regions amid the Russia-Ukraine war. British Food Journal, (ahead-of-print).
Sohag, K., & Ullah, M. (2022). Response of BTC Market to Social Media Sentiment: Application of Cross-Quantilogram with Bootstrap. In Digitalization and the Future of Financial Services (pp. 103-119). Springer, Cham.
Rehman, F. U., Sohag, K., & Saeed, T. (2023). Impact of Sectoral Infrastructure on Export and Foreign Direct Investment Inflow: Evidence from Selected South Asian Economies by Applying a New Global Infrastructure Index. Journal of Infrastructure Systems, 29(1), 04022045.

2021

Sohag, K., Chukavina, K., & Samargandi, N. (2021). Renewable Energy and Total Factor Productivity Nexus: Evidence from OECD Member Countries. Journal of Cleaner Production, 126499. (SSCI; IF=9.29; Q1)
Sohag, K., Gainetdinova, A., Mariev, O., (2021). The Response of Exchange Rates to Economic Policy Uncertainty: Evidence from Russia. Borsa Istanbul Review, (SSCI; IF=3.34; Q1)
Sohag, K., Shams , R., Darusalam, D., Devalle, A., (2021). Information Digitalization and Local Institutional Agility: Evidence from ASEAN countries. Technological Forecasting & Social Change. (SSCI; IF=12.9; Q1; ABDC=A)
Shakya, S., Sohag, K. (2021). The fracking boom and crime rates in rural American states: Some critical insights. The Extractive Industries and Society, 100948. (SSCI: IF=3.58; Q2)
Sohag, K., Mariev, O., & Davidson, N. (2021). Revising environmental Kuznets curve in Russian regions: role of environmental policy stringency. Environmental Science and Pollution Research, 1-14. (IF:4.224, Q2, WoS/Scopus)
Mariev,O., Nagieva, K., Pushkarev, A., Davidson, N., Sohag, K (2021). Effects of R&D spending on productivity of the Russian firms: does technological intensity matter? Empirical Economics (IF; IF=1.71 Q3, WoS/Scopus)
Ameer, W., Xu, H., Sohag, K., & Shah, M. M. (2020).Outflow FDI and Domestic Investment: Aggregated and Disaggregated Analysis. Sustainability, 13(13), 3661. (IF: 3.251 Q2, WoS/Scopus)
Salam, D., Janssen, M., Sohag, K., Omar, N., Said, J., (2021). The Influence of ICT Diffusion and Globalization on the Quality of Governance: A study using panel data from ASEAN countries. Information Development(IF: 2.049 Q3, WoS/Scopus)
Rehman F. U., Sohag, K., (2012) The Response of Wheat Productivity to Climate Patterns: Evidence from Pakistani Districts. Climate Change Economics (Forthcoming) (IF:1.46, Q2, WoS/Scopus)
Sohag, K., Husain, S., Hammudeh, S., & Omar, N. (2021), Innovation, militarization, and renewable energy and green growth in OECD countries. Environmental Science and Pollution Research, 1-15. (IF:4.224, Q2, WoS/Scopus)
Sharif, A., Meo, M. S., Chowdhury, M. A. F., & Sohag, K. (2021). Role of Solar Energy in Reducing Ecological Footprints: An Empirical Analysis. Journal of Cleaner Production, 126028. (SSCI; IF=9.29; Q1)
Zeqiraj, V., Mrasori, F., Iskenderoglu, O., Sohag, K. (2021) Dynamic impact of banking performance on financial stability: Fresh evidence from Southeastern Europe, Journal of Central Banking Theory and Practice 10(1), 165-181 (WoS & Scopus)

2020

Zeqiraj, V., Sohag, K., & Soytas, U. (2020). Stock market development and low-carbon economy: The role of innovation and renewable energy. Energy Economics, 104908. (SSCI; IF=7.042; Q1)
Husain, S. Sohag, K., Hasan, R., & Shams, SMR (2020). Interest rate and income disparity: Evidence from Indonesia, 29( 6). Strategic Change ( Scopus, ESCI).
Hammudeh, S., Sohag, K., Husain, S., Husain, H., & Said, J. (2020). Nonlinear relationship between economic growth and nuances of globalisation with income stratification: Roles of financial development and governance. Economic Systems, 100761. ). (SSCI; IF=3.208; Q1)
Samargandi, N., Sohag, K., Kutan, A., & Alandejani, M. (2020). The force of globalization reshaping the local institutions: evidence from the Organization of Islamic Cooperation member countries. International Journal of Emerging Markets. (SSCI; IF=1.004)
Ali, A., Sadiq, F., Kumail, T., Li, H., Zahid, M., Sohag, K., (2020) A cointegration analysis of structural change, international tourism and energy consumption on CO2 emission in Pakistan, Current Issue in Tourism (SSCI; IF=7.43, Q1)
Shahbaz, M., Haouas, I., Sohag, K., & Ozturk, I. (2020). The financial development-environmental degradation nexus in the United Arab Emirates: the importance of growth, globalization and structural breaks. Environmental Science and Pollution Research, 1-15. (IF:3.056, Q2, WoS/Scopus)
Malzi, M. J., Sohag, K., Vasbieva, D. G., & Ettahir, A. (2020). Environmental policy effectiveness on residential natural gas use in OECD countries. Resources Policy, 66, 101651. (SSCI; IF=5.63; Q1,WoS/Scopus)
Samargandi, N., Kutan, A. M., Sohag, K., & Alqahtani, F. (2020). Equity market and money supply spillovers and economic growth in BRICS economies: A global vector autoregressive approach. The North American Journal of Economics and Finance, 51, 101060. (IF:1.535, Q2, WoS/Scopus)
Ameer, W., Sohag, K., Xu, H., & Halwan, M. M. (2020). The Impact of OFDI and Institutional Quality on Domestic Capital Formation at the Disaggregated Level: Evidence for Developed and Emerging Countries. Sustainability, 12(9), 3661. (IF: 2.576 Q2, WoS/Scopus)

2019

Sohag, K., Taskin, D., Malik, M. N., (2019). Green Economic Growth, Cleaner Energy and Militarization: Evidence from Turkey. Resources Policy, 63 (SSCI; IF=5.63; Q1,WoS/Scopus)
Samargandi, N., Al Mamun, M., Sohag, K., & Alandejani, M. (2019). Women at work in Saudi Arabia: Impact of ICT development and socio-economic factors. Technology in Society, 101187 (SSCI; IF=1.93; Q1)
Sohag, K., Shams, S. R., Omar, N., & Chandrarin, G. (2019). Comparative study on finance‐growth nexus in Malaysia and Indonesia: Role of institutional quality. Strategic Change, 28(5), 387-398.
Ghalia, T., Fidrmuc, J., Samargandi, N., Sohag, K. (2019). Institutional quality, political risk and tourism. Tourism Management Perspective, 32, 100576 (Q1)
Husain, S., Tiwari, A., Sohag, K., Shahbaz, M., (2019). Connectedness among crude oil prices, stock index and metal prices: An application of network approach in the USA. Resources Policy, 62, 57-65. (SSCI; IF=5.63; Q1,WoS/Scopus)
Ahmed, S., Alam, K., Sohag, K, Gow., J, Rashid, A., Aktar, M. (2019) Renewable and non-renewable energy use and its relationship with economic growth in Myanmar. Environmental Science and Pollution Research (at press) (SCI; IF= 2.741; Q2)
Sohag, K., Kalugina, O., Samargandi, N., (2019).Re-visiting Environmental Kuznets Curve: Role of Scale, Composite, and Technology factors in OECD Countries Environmental Science and Pollution Research, (SCI; IF= 2.741; Q2). DOI: 10.1007/s11356-019-05965-7

2018

Al Mamun, M., Sohag, K., Shahbaz, M., & Hammoudeh, S. (2018). Financial markets, innovations and cleaner energy production in OECD countries. Energy Economics, 72, 236-254. (SSCI; IF=7.042; Q1)
Salahuddin, M., Alam, K., Ozturk, I., & Sohag, K. (2018). The effects of electricity consumption, economic growth, financial development and foreign direct investment on CO2 emissions in Kuwait. Renewable and Sustainable Energy Reviews, 81, 2002-2010. (SCI; IF= 14.982; Q1)

2017

Sohag, K., Al Mamun, M., Uddin, G. S., & Ahmed, A. M. (2017). Sectoral output, energy use, and CO2 emission in middle-income countries. Environmental Science and Pollution Research, 1-11. (SCI; IF= 2.741; Q1)
Al Mamun, M., Sohag, K., & Hassan, M. K. (2017). Governance, resources and growth. Economic Modelling, 63, 238-261 (SSCI; IF=3.127; Q1)
Samargandi, N., Kutan. A, Sohag, K., (2017) Does Institutional Quality Matter for Financial Development and Growth? Further Evidence from MENA Countries, Australian Economic Papers, 56(3), 228-248. (SSCI; IF=0.2; Q4).
Heshmati, A., Haouas, I., Sohag, K., & Shahbaz, M. (2017). Hiring and Separation Rates Before and after the Arab Spring in the Tunisian Labour Market. South African Journal of Economics. (SSCI; IF=0.426; Q3)

2016

Mamun, M. A., Sohag, K., Samargandi, N., Yasmeen, F. (2016). Does remittance fuel labor productivity in Bangladesh? Application of asymmetric non-linear ARDL approach. Applied Economics. DOI:10.1080/00036846.2016.1167825, (SSCI; IF=0.518; Q2)
Uddin, G.S., Ahmed, A., Sohag, K., (2016) Biomass energy, technological progress and the environmental Kuznets curve: evidence from selected European countries, Biomass and Bioenergy. 90, 202-208. (SCI; IF=3.249; Q1)

2015

Sohag, K., Begum. R.A., Abdullah, S.S.A., Jaafar, M. (2015) Dynamics of Energy Use, Technological Innovation, Economic Growth and Trade Openness in Malaysia. Energy, (doi: 10.1016/j.energy.2015.06.101), (SCI; IF=4.292; Q1)
Al-Mamun, M., Sohag, K., Uddin, G.S., & Shahbaz, M., Remittance and domestic labor productivity: evidence from remittance recipient countries, Economic Modelling, 2015,47,207-218, (SSCI; IF=3.127; Q1)
Mamun, M. A., Sohag, K.,(2015). Revisiting the dynamic effect of foreign direct investment on economic growth in LDCs. International Journal of Economic Policy in Emerging Economies, ,8(2), 97-118. (Scopus indexed)

2014

Begum, R.A., Sohag, K., Abdullah, S.S.M & Jaafar, M. (2014) CO2 emissions, energy consumption, economic and population growth in Malaysia”, Renewable and Sustainable Energy Reviews, 2014, 41, 594-601, (SCI; IF= 14.982; Q1)
Mamun A.M., Sohag, K., Mia, A.H., Uddin, G.S., & Ozturk, I. (2014) On the Regional Differences in the Dynamic Linkage between CO2 Emissions, Sectoral Output and Economic Growth, Renewable and Sustainable Energy Reviews, 2014, 38, 1-11, (SCI; IF= 14.982; Q1)
Sohag, K., Begum. R.A., Dynamic Impact of Household Consumption on Residential CO2 Emissions in Malaysia, Environment, Development, and Sustainability, 2014, 1-9. (Scopus indexed)
Sohag, K., Nabilah. A.B., & Begum, R.A., “Dynamic impact of financial development on economic growth: heterogeneous panel data analysis from Island, Int. J. of Economic Policy in Emerging Economies, 2015, 8(1). (Scopus indexed)
Sohag, K., Mahmud,K.T., Alam,M.F., & Samargandi,N., Can Zakat System Alleviate Rural Poverty in Bangladesh? a propensity score matching approach, Journal of poverty, 2015, DOI: 10.1080/10875549.2014.999974 (Scopus indexed)
Mamun, M.A., Sohog, K., Akhter, A. A Dynamic Panel Analysis of the Financial Determinants of CSR in Bangladeshi Banking Industry, Asian Economic and Financial Review, 2013, 3(5):560-578, 2013.

Book Published

Ben Ali, M. S., Samargandi, N. Sohag, K. (2015). The Finance-Growth nexus: Which Factors can interfere? in Ben Ali, M. S. (eds), Economic Development in the Middle East and North Africa, Challenges and Prospects, Palgrave Macmillan, New York.
Mahmud, K.T., Hilotn, D., Sohag, K. “A Tale of Empty Plates: A Case Study on Food Security Program in Bangladesh”. Lambert Academic Publication 2012

Conference Proceedings

Begum, R.A., Sohag, K. A Review of Low Carbon Technology towards Low Carbon Economy. 12th EBES Conference Proceedings 9 - 11 January, 2014. Nanyang Technologıcal Unıversıty - School of Humanıtıes And Socıal Scıences, Sıngapore. (ISI indexed)
Mahmud, K. T. Hassan, M., Sohag, K. Alam, M.F., Impact of Zakat in Alleviating Rural Poverty: A Case Study of MACCA in Bangladesh, 8th International Conference on Islamic Economics and Finance, Doha, Qatar
Sohag, K., (2017) Growth, Globalization, Governance, and Finance: Further Evidence from Upper Middle-, Lower Middle- and High-Income Countries, Asian Economic Community Forum, Incheon, South Korea

Review Experience

Energy Economics, Elsevier; Journal of Environmental Management, Elsevier; Economic Modelling, Elsevier; Renewable & Sustainable Energy Reviews, Elsevier; Economic System, Elsevier; Resources Policy, Elsevier; Journal of Cleaner Production, Elsevier; Ecological Indicator, Elsevier; Science of the total Environment, Elsevier; Research in International Business and Finance, Elsevier; Journal of Business & Economics, Elsevier; Borsa Istanbul Review, Elsevier; World Development, Elsevier; Energy, Elsevier; Energy Efficiency, Springer; Environmental Science and Pollution Research, Springer; Frontiers in Energies, Springer; Quality & Quantity, Springer; International Journal of Finance and Economics, Taylor and Francis; Emerging Markets Finance and Trade, Taylor and Francis; Eastern European Economics, Taylor and Francis; Applied Economics, Taylor and Francis; Carbon Management, Taylor and Francis; Climate Policy, Taylor and Francis; Energy Sources, Part B: Economics, Planning, and Policy, Taylor and Francis; Current Issue in Tourism, Taylor and Francis; International Journal of Social Economics, Emerald Insight; International Journal of Emerging Markets, Emerald Insight; Review of Policy Research, Wiley ; Economic Inquiry, Wiley ; and so on

Google Sites

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Major Research Grant Received

Role of Minerals to Global Energy Transitions. 23-18-01045. Russian Science Foundation (Position: Project Leader; Amount 18 million Ruble, USD 200000 approximately).

Modeling the future of Oil Demand and Fiscal Sustainability: Evidence from Iran and Russia. 20-510-56021, Russian Foundation for Basic Research. (Position: Project Leader; Amount 6 million Ruble, USD70000 approximately)

Natural Resources Policy, Ministry of Science and Higher Education of the Russian Federation, Ural Federal University project within the Priority-2030 Program. (Position: Project Leader; Amount 18 Million Ruble, USD200000 approximately).

Mitigating the Adverse Effects of COVID-19 Pandemic on the Saudi Arabian Economy, GCV19-12-1441, King Abdulaziz University Jeddah, Saudi Arabia. (Position: Lead Researcher; Amount 80000 Riyal, USD 21000 approximately).

Globalization and Institutional Quality: Evidence from MENA countries, KEP-1-120-39, King Abdulaziz University Jeddah, Saudi Arabia. (Position: Lead Researcher; Amount 80000 Riyal, USD 21000 approximately).

Role of Financial Market Development in reducing carbon intensity through Innovation and cleaner energy production, Ministry of Education science and Technology, Kosovo. (Position: Lead Researcher; EURO 6000 approximately).

Faculty Research Grant 2016/2017, Center of Excellence on Sustainable Business Processes. Abu Dhabi University.

Comparative Study on Finance-Growth Nexus In Malaysia and Indonesia: Role Of Governance, 600-Rmi/Ari_Ires 5/3(0060/2016), Accounting Research Institute (ARI) , Universiti Teknologi Mara.

Size of Shadow Economic and Governance, 600-Rmi/Ari_Ires 5/3(0060/2018), Accounting Research Institute (ARI) Universiti Teknologi Mara.

University Research Fellowship Scheme (Zamalah Scholarship at University Kebangsaan Malaysia).

Economic Assessment of Low Carbon Technologies and GHG Emissions for Energy Sector in Malaysia (ERGS/1/2011/Ss/Ukm/02/29).

Economic Approaches for Linking Disaster Risk Management and Climate Change Adaption” (DPP-2013-144)

Feasibility Study of Low Carbon Technology in Terms of Emission Reduction as well as Economic Cost and Benefit (FRGS/1/2013/TK07/UKM/02/4)

Publications

2022

Sohag, K., Shams, R.,Gainetdinova, A., Nappo., F., (2022). Frequency connectedness and cross-quantile dependence among medicare, medicine prices and health-tech equity. Technovation, (SSCI; IF=6.60, Q1)

Chandrarin, G., Sohag, K., ..... (2022). Will economic sophistication contribute to Indonesia's emission target? A decomposed analysis. Technological Forecasting & Social Change. (SSCI; IF=8.59; Q1)

Chandrarin, G., Sohag, K., ......(2022) The response of exchange rate to coal price, palm oil price, and inflation in Indonesia: Tail dependence analysis , Resources Policy, 77, 102750. (SSCI; IF=5.63, Q1)

Sohag, K., Sokhanvar, A., Belyaeva, Z., & Mirnezami, S. R. (2022). Hydrocarbon prices shocks, fiscal stability and consolidation: Evidence from Russian Federation. Resources Policy, 76, 102635. (SSCI; IF=5.63, Q1)

Ameer, W., Xu, H., Sohag, K., Halwan, M. M., & Amin, A. (2022). Research methods in economics and its implications for capital formation. Economic Research-Ekonomska Istraživanja, 1-20. (SSCI; IF=3.03, Q2)

Sohag, K., Chukavina, K., & Samargandi, N. (2021). Renewable Energy and Total Factor Productivity Nexus: Evidence from OECD Member Countries. Journal of Cleaner Production, 126499. (SSCI; IF=9.29; Q1)

Sohag, K., Gainetdinova, A., Mariev, O., (2021). The Response of Exchange Rates to Economic Policy Uncertainty: Evidence from Russia. Borsa Istanbul Review, (SSCI; IF=3.34; Q1)

Sohag, K., Shams , R., Darusalam, D., Devalle, A., (2021). Information Digitalization and Local Institutional Agility: Evidence from ASEAN countries. Technological Forecasting & Social Change. (SSCI; IF=12.9; Q1; ABDC=A)

Shakya, S., Sohag, K. (2021). The fracking boom and crime rates in rural American states: Some critical insights. The Extractive Industries and Society, 100948. (SSCI: IF=3.58; Q2)

Sohag, K., Mariev, O., & Davidson, N. (2021). Revising environmental Kuznets curve in Russian regions: role of environmental policy stringency. Environmental Science and Pollution Research, 1-14. (IF:4.224, Q2, WoS/Scopus)

Mariev,O., Nagieva, K., Pushkarev, A., Davidson, N., Sohag, K (2021). Effects of R&D spending on productivity of the Russian firms: does technological intensity matter? Empirical Economics (IF; IF=1.71 Q3, WoS/Scopus)

Ameer, W., Xu, H., Sohag, K., & Shah, M. M. (2020).Outflow FDI and Domestic Investment: Aggregated and Disaggregated Analysis. Sustainability, 13(13), 3661. (IF: 3.251 Q2, WoS/Scopus)

Salam, D., Janssen, M., Sohag, K., Omar, N., Said, J., (2021). The Influence of ICT Diffusion and Globalization on the Quality of Governance: A study using panel data from ASEAN countries. Information Development(IF: 2.049 Q3, WoS/Scopus)

Rehman F. U., Sohag, K., (2012) The Response of Wheat Productivity to Climate Patterns: Evidence from Pakistani Districts. Climate Change Economics (Forthcoming) (IF:1.46, Q2, WoS/Scopus)

Sohag, K., Husain, S., Hammudeh, S., & Omar, N. (2021), Innovation, militarization, and renewable energy and green growth in OECD countries. Environmental Science and Pollution Research, 1-15. (IF:4.224, Q2, WoS/Scopus)

Sharif, A., Meo, M. S., Chowdhury, M. A. F., & Sohag, K. (2021). Role of Solar Energy in Reducing Ecological Footprints: An Empirical Analysis. Journal of Cleaner Production, 126028. (SSCI; IF=9.29; Q1)

Zeqiraj, V., Mrasori, F., Iskenderoglu, O., Sohag, K. (2021) Dynamic impact of banking performance on financial stability: Fresh evidence from Southeastern Europe, Journal of Central Banking Theory and Practice 10(1), 165-181 (WoS & Scopus)

2020

Zeqiraj, V., Sohag, K., & Soytas, U. (2020). Stock market development and low-carbon economy: The role of innovation and renewable energy. Energy Economics, 104908. (SSCI; IF=7.042; Q1)

Husain, S. Sohag, K., Hasan, R., & Shams, SMR (2020). Interest rate and income disparity: Evidence from Indonesia, 29( 6). Strategic Change ( Scopus, ESCI).

Hammudeh, S., Sohag, K., Husain, S., Husain, H., & Said, J. (2020). Nonlinear relationship between economic growth and nuances of globalisation with income stratification: Roles of financial development and governance. Economic Systems, 100761. ). (SSCI; IF=3.208; Q1)

Samargandi, N., Sohag, K., Kutan, A., & Alandejani, M. (2020). The force of globalization reshaping the local institutions: evidence from the Organization of Islamic Cooperation member countries. International Journal of Emerging Markets. (SSCI; IF=1.004)

Ali, A., Sadiq, F., Kumail, T., Li, H., Zahid, M., Sohag, K., (2020) A cointegration analysis of structural change, international tourism and energy consumption on CO2 emission in Pakistan, Current Issue in Tourism (SSCI; IF=7.43, Q1)

Shahbaz, M., Haouas, I., Sohag, K., & Ozturk, I. (2020). The financial development-environmental degradation nexus in the United Arab Emirates: the importance of growth, globalization and structural breaks. Environmental Science and Pollution Research, 1-15. (IF:3.056, Q2, WoS/Scopus)

Malzi, M. J., Sohag, K., Vasbieva, D. G., & Ettahir, A. (2020). Environmental policy effectiveness on residential natural gas use in OECD countries. Resources Policy, 66, 101651. (SSCI; IF=5.63; Q1,WoS/Scopus)

Samargandi, N., Kutan, A. M., Sohag, K., & Alqahtani, F. (2020). Equity market and money supply spillovers and economic growth in BRICS economies: A global vector autoregressive approach. The North American Journal of Economics and Finance, 51, 101060. (IF:1.535, Q2, WoS/Scopus)

Ameer, W., Sohag, K., Xu, H., & Halwan, M. M. (2020). The Impact of OFDI and Institutional Quality on Domestic Capital Formation at the Disaggregated Level: Evidence for Developed and Emerging Countries. Sustainability, 12(9), 3661. (IF: 2.576 Q2, WoS/Scopus)

2019

Sohag, K., Taskin, D., Malik, M. N., (2019). Green Economic Growth, Cleaner Energy and Militarization: Evidence from Turkey. Resources Policy, 63 (SSCI; IF=5.63; Q1,WoS/Scopus)

Samargandi, N., Al Mamun, M., Sohag, K., & Alandejani, M. (2019). Women at work in Saudi Arabia: Impact of ICT development and socio-economic factors. Technology in Society, 101187 (SSCI; IF=1.93; Q1)

Sohag, K., Shams, S. R., Omar, N., & Chandrarin, G. (2019). Comparative study on finance‐growth nexus in Malaysia and Indonesia: Role of institutional quality. Strategic Change, 28(5), 387-398.

Ghalia, T., Fidrmuc, J., Samargandi, N., Sohag, K. (2019). Institutional quality, political risk and tourism. Tourism Management Perspective, 32, 100576 (Q1)

Husain, S., Tiwari, A., Sohag, K., Shahbaz, M., (2019). Connectedness among crude oil prices, stock index and metal prices: An application of network approach in the USA. Resources Policy, 62, 57-65. (SSCI; IF=5.63; Q1,WoS/Scopus)

Ahmed, S., Alam, K., Sohag, K, Gow., J, Rashid, A., Aktar, M. (2019) Renewable and non-renewable energy use and its relationship with economic growth in Myanmar. Environmental Science and Pollution Research (at press) (SCI; IF= 2.741; Q2)

Sohag, K., Kalugina, O., Samargandi, N., (2019).Re-visiting Environmental Kuznets Curve: Role of Scale, Composite, and Technology factors in OECD Countries Environmental Science and Pollution Research, (SCI; IF= 2.741; Q2). DOI: 10.1007/s11356-019-05965-7

2018

Al Mamun, M., Sohag, K., Shahbaz, M., & Hammoudeh, S. (2018). Financial markets, innovations and cleaner energy production in OECD countries. Energy Economics, 72, 236-254. (SSCI; IF=7.042; Q1)

Salahuddin, M., Alam, K., Ozturk, I., & Sohag, K. (2018). The effects of electricity consumption, economic growth, financial development and foreign direct investment on CO2 emissions in Kuwait. Renewable and Sustainable Energy Reviews, 81, 2002-2010. (SCI; IF= 14.982; Q1)

2017

Sohag, K., Al Mamun, M., Uddin, G. S., & Ahmed, A. M. (2017). Sectoral output, energy use, and CO2 emission in middle-income countries. Environmental Science and Pollution Research, 1-11. (SCI; IF= 2.741; Q1)

Al Mamun, M., Sohag, K., & Hassan, M. K. (2017). Governance, resources and growth. Economic Modelling, 63, 238-261 (SSCI; IF=3.127; Q1)

Samargandi, N., Kutan. A, Sohag, K., (2017) Does Institutional Quality Matter for Financial Development and Growth? Further Evidence from MENA Countries, Australian Economic Papers, 56(3), 228-248. (SSCI; IF=0.2; Q4).

Heshmati, A., Haouas, I., Sohag, K., & Shahbaz, M. (2017). Hiring and Separation Rates Before and after the Arab Spring in the Tunisian Labour Market. South African Journal of Economics. (SSCI; IF=0.426; Q3)

2016

Mamun, M. A., Sohag, K., Samargandi, N., Yasmeen, F. (2016). Does remittance fuel labor productivity in Bangladesh? Application of asymmetric non-linear ARDL approach. Applied Economics. DOI:10.1080/00036846.2016.1167825, (SSCI; IF=0.518; Q2)

Uddin, G.S., Ahmed, A., Sohag, K., (2016) Biomass energy, technological progress and the environmental Kuznets curve: evidence from selected European countries, Biomass and Bioenergy. 90, 202-208. (SCI; IF=3.249; Q1)

2015

Sohag, K., Begum. R.A., Abdullah, S.S.A., Jaafar, M. (2015) Dynamics of Energy Use, Technological Innovation, Economic Growth and Trade Openness in Malaysia. Energy, (doi: 10.1016/j.energy.2015.06.101), (SCI; IF=4.292; Q1)

Al-Mamun, M., Sohag, K., Uddin, G.S., & Shahbaz, M., Remittance and domestic labor productivity: evidence from remittance recipient countries, Economic Modelling, 2015,47,207-218, (SSCI; IF=3.127; Q1)

Mamun, M. A., Sohag, K.,(2015). Revisiting the dynamic effect of foreign direct investment on economic growth in LDCs. International Journal of Economic Policy in Emerging Economies, ,8(2), 97-118. (Scopus indexed)

2014

Begum, R.A., Sohag, K., Abdullah, S.S.M & Jaafar, M. (2014) CO2 emissions, energy consumption, economic and population growth in Malaysia”, Renewable and Sustainable Energy Reviews, 2014, 41, 594-601, (SCI; IF= 14.982; Q1)

Mamun A.M., Sohag, K., Mia, A.H., Uddin, G.S., & Ozturk, I. (2014) On the Regional Differences in the Dynamic Linkage between CO2 Emissions, Sectoral Output and Economic Growth, Renewable and Sustainable Energy Reviews, 2014, 38, 1-11, (SCI; IF= 14.982; Q1)

Sohag, K., Begum. R.A., Dynamic Impact of Household Consumption on Residential CO2 Emissions in Malaysia, Environment, Development, and Sustainability, 2014, 1-9. (Scopus indexed)

Sohag, K., Nabilah. A.B., & Begum, R.A., “Dynamic impact of financial development on economic growth: heterogeneous panel data analysis from Island, Int. J. of Economic Policy in Emerging Economies, 2015, 8(1). (Scopus indexed)

Sohag, K., Mahmud,K.T., Alam,M.F., & Samargandi,N., Can Zakat System Alleviate Rural Poverty in Bangladesh? a propensity score matching approach, Journal of poverty, 2015, DOI: 10.1080/10875549.2014.999974 (Scopus indexed)

Mamun, M.A., Sohog, K., Akhter, A. A Dynamic Panel Analysis of the Financial Determinants of CSR in Bangladeshi Banking Industry, Asian Economic and Financial Review, 2013, 3(5):560-578, 2013.

Book Published

Ben Ali, M. S., Samargandi, N. Sohag, K. (2015). The Finance-Growth nexus: Which Factors can interfere? in Ben Ali, M. S. (eds), Economic Development in the Middle East and North Africa, Challenges and Prospects, Palgrave Macmillan, New York.

Mahmud, K.T., Hilotn, D., Sohag, K. “A Tale of Empty Plates: A Case Study on Food Security Program in Bangladesh”. Lambert Academic Publication 2012

Conference Proceedings

Begum, R.A., Sohag, K. A Review of Low Carbon Technology towards Low Carbon Economy. 12th EBES Conference Proceedings 9 - 11 January, 2014. Nanyang Technologıcal Unıversıty - School of Humanıtıes And Socıal Scıences, Sıngapore. (ISI indexed)

Mahmud, K. T. Hassan, M., Sohag, K. Alam, M.F., Impact of Zakat in Alleviating Rural Poverty: A Case Study of MACCA in Bangladesh, 8th International Conference on Islamic Economics and Finance, Doha, Qatar

Sohag, K., (2017) Growth, Globalization, Governance, and Finance: Further Evidence from Upper Middle-, Lower Middle- and High-Income Countries, Asian Economic Community Forum, Incheon, South Korea