The positive impact of trade openness on consumption of energy: Fresh evidence from Andean community countries

Koengkan, Matheus

doi:10.1016/j.energy.2018.06.091

Cited by 73 publications

(49 citation statements)

References 26 publications

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“…Alfredsson ( 2004 ) discussed the quantitative impact on energy use and carbon dioxide emissions if households adopt a green consumption model. Koengkan ( 2018 ) found that economic growth and trade liberalization increased energy consumption. In general, green consumption promotes the virtuous circle of production and consumption.…”

Section: Introductionmentioning

confidence: 99%

Mapping the knowledge of green consumption: a meta-analysis

Zhao

Geng

Sun

et al. 2020

Environ Sci Pollut Res

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Green consumption can facilitate sustainable industrial development and improve the overall efficiency of resource utilization. In response to rapid economic development and increasing environmental emissions, it is critical to promote green consumption so that the whole society can move toward sustainable development. This study aims to systematically review studies on green consumption by means of meta-analysis, bibliometric analysis, and social network analysis. The results show that green consumption is an interdisciplinary research field, involving environmental science, social science, medical science, economics, and other disciplines. Most productive countries, institutions, authors are identified so that the new researchers in this field can find their research partners. Keywords analysis results help identify the research hotpots in this field. It is suggested that future green consumption research should focus on behavior mechanism, stakeholder coordination, and policy evaluation. In general, the results obtained from this study provide valuable information for researchers and practitioners to promote green consumption research.

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Section: Introductionmentioning

confidence: 99%

Mapping the knowledge of green consumption: a meta-analysis

Zhao

Geng

Sun

et al. 2020

Environ Sci Pollut Res

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“…The existing literature has considered several determinants of energy demand for different levels of the economy, and these determinants include income, industrialization, trade, greenhouse gas emissions, urbanization, etc. (see, Adewuyi and Awodumi, 2017;Farhani and Solarin, 2017;Faisal, et al, 2017;Koengkan, 2018;Lv, et al, 2019;Gómez and Rodríguez, 2019;Sinha et al, 2020). Literature has the evidence of mixed findings for the impact these indicators, depending on the study period and level of income.…”

Section: Literature Reviewmentioning

confidence: 99%

“…According to existing studies (Mahalik, et al, 2017;Koengkan, 2018;Neagu and Teodoru, 2019), the economic structure including; oil prices, trade, exports quality, natural resources and urbanization influence the overall energy consumption and energy structures (Gómez and Rodríguez, 2019). The export product diversification is chosen as a primary explanatory variable, because it might be considered as a predictor of economic growth as well as energy use.…”

Section: The Modeling and Data Overviewmentioning

confidence: 99%

“…However, the export product diversification index (Theil index) is divided into export diversification, extensive margin and intensive margin, which is a measure of the diversification of export portfolio and trading relationship, as these variables are not included in panel analysis for energy consumption (Papageorgiou and Spatafora, 2012). The reason for including the export product diversification as the primary explanatory variable is owing to the fact that product quality, innovative production structure, and trading relations increase the overall energy usage to achieve the desired economic goals (Koengkan, 2018).…”

Section: The Modeling and Data Overviewmentioning

confidence: 99%

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Does Export product diversification help to reduce energy demand: Exploring the contextual evidences from the newly industrialized countries

Shahzad

Doğan

Sinha³

et al. 2021

Energy

152

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This article investigates the impact of export product diversification, extensive margin and intensive margin on emerging economies energy demand covering the period from 1971 to 2014. The study contributes to energy economics by unveiling the interaction between export diversification and energy demand of 10 newly industries countries (NICs). Owing to the growth prospect and trade volume of these nations, it is necessary to assess the various facades of export growth on the energy demand. In this pursuit, we have considered the export product diversification index in its aggregate and disaggregated forms (i.e. extensive margin and intensive margin) in this study. The empirical estimation has been carried out based on GMM, FGLS, FMOLS, and DOLS techniques. The empirical results demonstrate that export diversification, extensive margin, and intensive margin help to reduce the overall energy demand in NICs. Further, the empirical outcomes identify that economic growth, urbanization, and natural resources increase energy consumption. The study discusses fruitful policy implications regarding the exports diversification and energy demand nexus for emerging economies.

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“…The common thought is that some conventional variables, such as trade openness, urbanization, and industrialization, affect energy consumption [7][8][9]; however, more recently, many scholars have proposed that, as an important component of macro economy, financial development is a non-negligible factor that could significantly influence energy consumption. The financial development generally refers to the scale expansion and efficiency improvement of the domestic financial sectors.…”

Section: Introduction and Literature Reviewmentioning

confidence: 99%

The Influence of Financial Development on Energy Consumption: Worldwide Evidence

2020

IJERPH

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In this study, we investigated the influence of overall financial development and its components on energy consumption using the panel data of 120 countries and the generalized method of moments (GMM). By dividing the sample into developed and developing countries, we further examined the national differences of the impact of financial development on energy consumption. The empirical results indicate that the overall financial development significantly positively impacts energy consumption from a worldwide perspective, and its two components (financial institution and the financial market) have the same effect. The analysis of national differences indicates that the financial development also positively impacts energy consumption in developing countries but with no obvious effect in developed countries. The results also suggest that financial development cannot be used to restrain the increase in energy consumption from the global perspective, and policymakers in developing countries must balance the relationship between the development of the financial sector and energy consumption.

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The positive impact of trade openness on consumption of energy: Fresh evidence from Andean community countries

Cited by 73 publications

References 26 publications

Mapping the knowledge of green consumption: a meta-analysis

Mapping the knowledge of green consumption: a meta-analysis

Does Export product diversification help to reduce energy demand: Exploring the contextual evidences from the newly industrialized countries

The Influence of Financial Development on Energy Consumption: Worldwide Evidence

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