Impact of bilateral trade on fossil energy consumption in BRICS: An extended decomposition analysis

被引:16
作者
Chen, Jiandong [1 ]
Xie, Qiaoli [1 ]
Shahbaz, Muhammad [2 ]
Song, Malin [3 ]
Li, Li [4 ]
机构
[1] Southwestern Univ Finance & Econ, Sch Publ Adm, Chengdu 611130, Peoples R China
[2] Beijing Inst Technol, Ctr Energy & Environm Policy Res, Beijing 100081, Peoples R China
[3] Anhui Univ Finance & Econ, Sch Stat & Appl Math, Bengbu 233030, Peoples R China
[4] Southwestern Univ Finance & Econ, Sch Publ Finance & Taxat, Chengdu 611130, Peoples R China
基金
中国国家自然科学基金;
关键词
Logarithmic-mean divisia index (LMDI); Gravity  model; BRICS; Fossil energy consumption; Bilateral trade; ECONOMIC-GROWTH; FINANCIAL DEVELOPMENT; ENVIRONMENTAL DEGRADATION; CO2; EMISSIONS; CAUSALITY; OPENNESS; CHINA; COINTEGRATION; NEXUS; INDIA;
D O I
10.1016/j.econmod.2021.105698
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyzes the impact of bilateral trade among the BRICS countries on fossil energy consumption. Trade costs and economic scales on both sides have barely been considered in previous literature when bilateral trade impacts fossil energy. Using export data, energy-related data, and the GDP from the BRICS countries from 2000 to 2019, we analyze the characteristics of trade-related factors driving fossil energy. To combine exports with the GDP of both sides, we embed the gravity equation into an index decomposition equation and find that bilateral trade increases fossil energy consumption. Trade increased fossil energy consumption through growing trans-portation volumes during 2000-2008, and transportation energy efficiency improvements under technological advances reduced fossil energy consumption during 2014-2018. Another channel is that trade increased fossil energy consumption by promoting economic development.
引用
收藏
页数:8
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