Determinants of the Russia and Asia-Pacific energy trade

被引:37
|
作者
Taghizadeh-Hesary, Farhad [1 ]
Rasoulinezhad, Ehsan [2 ]
Yoshino, Naoyuki [3 ]
Sarker, Tapan [4 ]
Mirza, Nawazish [5 ]
机构
[1] Tokai Univ, 4-1-1 Kitakaname, Hiratsuka, Kanagawa 2591292, Japan
[2] Univ Tehran, Fac World Studies, Tehran, Iran
[3] Keio Univ, Tokyo, Japan
[4] Griffith Univ, Griffith Business Sch, Brisbane, Qld, Australia
[5] Excelia Business Sch, La Rochelle, France
关键词
Asia and the Pacific; Gravity trade model; Energy trade; Energy security; Russian Federation; FOREIGN-TRADE; LNG TRADE; ECONOMIC-GROWTH; CO2; EMISSIONS; CONSUMPTION; CHINA; URBANIZATION; MODEL; COUNTRIES; PATTERNS;
D O I
10.1016/j.esr.2021.100681
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
Asia remained the largest energy consumer in 2020. The Russian Federation hopes to gain a greater share of the Asian energy market. This study examined the Russian Federation-Asia and Pacific energy trade patterns using gravity trade theory and GMM panel estimation for 17 selected Asia and Pacific economies. We found that the Russian Federation's energy exports to the Asia-Pacific region (APR) followed the Linder hypothesis, and economic growth positively influenced Russian energy exports in the region. Furthermore, The results indicated that the sanctions against Russia since 2014 stimulated an increase in Russian energy exports to the APR. To improve the region's energy security, we recommend developing an energy trading hub in the APR to increase regional pricing power.
引用
收藏
页数:9
相关论文
共 50 条
  • [1] Introduction: Russia in the Asia-Pacific
    Lukin, Alexander
    ASIAN POLITICS & POLICY, 2018, 10 (04) : 576 - 583
  • [2] Renewable energy, trade diversification and environmental footprints: Evidence for Asia-Pacific Economic Cooperation (APEC)
    Jiang, Shaohua
    Mentel, Grzegorz
    Shahzadi, Irum
    Ben Jebli, Mehdi
    Iqbal, Najaf
    RENEWABLE ENERGY, 2022, 187 : 874 - 886
  • [3] Russia and America in the Asia-Pacific: A New Entente?
    Lukin, Artyom
    ASIAN POLITICS & POLICY, 2012, 4 (02) : 157 - 175
  • [4] Trade, finance, specialization and synchronization in the Asia-Pacific
    Xie, Shihan
    Cheng, Tianyin
    Chia, Wai-Mun
    JOURNAL OF THE ASIA PACIFIC ECONOMY, 2013, 18 (02) : 253 - 270
  • [5] Is there a nexus between tourism development and energy transition in Asia-Pacific countries?
    Kocak, Emrah
    Cobanoglu, Cihan
    Yucel, Ali Gokhan
    CURRENT ISSUES IN TOURISM, 2025,
  • [6] Energy security in the Asia-Pacific region
    Zobaa, AF
    2005 IEEE POWER ENGINEERING SOCIETY GENERAL MEETING, VOLS, 1-3, 2005, : 1527 - 1532
  • [7] CO2 Emissions in Asia-Pacific Region: Do Energy Use, Economic Growth, Financial Development, and International Trade Have Detrimental Effects?
    Rahman, Mohammad Mafizur
    Alam, Khosrul
    SUSTAINABILITY, 2022, 14 (09)
  • [8] Carbon emissions, energy consumption, trade openness and economic growth in 12 Asia-Pacific economies: evidence from panel co-integration results
    Lu, Wen-Cheng
    INTERNATIONAL JOURNAL OF GLOBAL WARMING, 2018, 16 (02) : 162 - 180
  • [9] Asymmetric impacts of ICT and energy intensity on agricultural productivity: Evidence from Asia-Pacific region
    Paul, Arindam
    Sahoo, Dukhabandhu
    Jena, Amrita
    REVIEW OF DEVELOPMENT ECONOMICS, 2023, 27 (03) : 1537 - 1561
  • [10] Russia and Asia-Pacific: From 'Competing' to 'Complementary' Regionalisms?
    Kuhrt, Natasha C.
    POLITICS, 2014, 34 (02) : 138 - 148