作者
Farhad Taghizadeh-Hesary, Ehsan Rasoulinezhad, Naoyuki Yoshino, Tapan Sarker, Nawazish Mirza
发表日期
2021/11/1
期刊
Energy Strategy Reviews
卷号
38
页码范围
100681
出版商
Elsevier
简介
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.
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F Taghizadeh-Hesary, E Rasoulinezhad, N Yoshino… - Energy Strategy Reviews, 2021