Global S&T Development Trend Analysis Platform of Resources and Environment
Modeling the Russian Federation–Asia and the Pacific Energy Trade | |
[unavailable] | |
2019-09-26 | |
出版年 | 2019 |
语种 | 英语 |
国家 | 国际 |
领域 | 气候变化 |
英文摘要 |
![]() The imposition of sanctions against the Russian Federation since 2014 has stimulated an increase in Russian energy exports to the Asia and Pacific region. Asia remained the largest market for energy sources in 2018. The Russian Federation has a clear vision to develop its Asian energy projects in order to provide a greater share of Asian energy imports. We model Russian Federation–Asia and the Pacific energy trade patterns via the gravity trade theory and GMM panel estimation for quarterly data in the period 2010–2017 for 16 selected Asia and Pacific nations. The results demonstrate that Russian Federation energy exports to Asia and the Pacific follow the Linder hypothesis. Furthermore, the findings reveal that economic growth is a positive influencing factor on the Russian Federation's energy exports to this region. In addition, a depreciation of the national currencies of Asia and Pacific nations against the Russian ruble will accelerate the latter’s energy export volume. In order to improve energy security in this region, we recommend policies such as the development of an energy trading hub in Asia, increased regional pricing power, and energy import diversification and reduced distance between the Russian Federation (exporter) and Asia and the Pacific (importers). WORKING PAPER NO: 1008 |
URL | 查看原文 |
来源平台 | Asian Development Bank |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/238812 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | [unavailable]. Modeling the Russian Federation–Asia and the Pacific Energy Trade,2019. |
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文件名称/大小 | 文献类型 | 版本类型 | 开放类型 | 使用许可 | ||
adbi-wp1008.pdf(818KB) | 科技报告 | 开放获取 | CC BY-NC-SA | 浏览 下载 |
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