Does Energy Demand Security Affect International Competitiveness? Case of Selected Energy-Exporting OECD Countries

International competitiveness and energy security are important topics on the energy policy agenda of energy-exporting and -importing nations. High dependence on energy rents challenges exporters’ economies and influences their ability to compete on international markets. The goal of this study is t...

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Published inEnergies (Basel) Vol. 15; no. 6; p. 1991
Main Authors Nyga-Łukaszewska, Honorata, Napiórkowski, Tomasz M.
Format Journal Article
LanguageEnglish
Published Basel MDPI AG 01.03.2022
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Abstract International competitiveness and energy security are important topics on the energy policy agenda of energy-exporting and -importing nations. High dependence on energy rents challenges exporters’ economies and influences their ability to compete on international markets. The goal of this study is to investigate how energy demand security affects the international competitiveness of developed energy exporters. This research employs an econometric approach aimed at modeling the Heckscher–Ohlin and Ricardo international trade hypotheses. Introduced modifications allow for the measurement of international competitiveness on a country level, not per industry, and includes a series of energy variables in addition to relative resource endowment and productivity differentials. This study (based on Norway, the Netherlands, Canada and the USA over the period of 1997–2017) proves that energy security does not play a role in the shaping of international competitiveness of high-income energy-exporting countries.
AbstractList International competitiveness and energy security are important topics on the energy policy agenda of energy-exporting and -importing nations. High dependence on energy rents challenges exporters’ economies and influences their ability to compete on international markets. The goal of this study is to investigate how energy demand security affects the international competitiveness of developed energy exporters. This research employs an econometric approach aimed at modeling the Heckscher–Ohlin and Ricardo international trade hypotheses. Introduced modifications allow for the measurement of international competitiveness on a country level, not per industry, and includes a series of energy variables in addition to relative resource endowment and productivity differentials. This study (based on Norway, the Netherlands, Canada and the USA over the period of 1997–2017) proves that energy security does not play a role in the shaping of international competitiveness of high-income energy-exporting countries.
Author Napiórkowski, Tomasz M.
Nyga-Łukaszewska, Honorata
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Snippet International competitiveness and energy security are important topics on the energy policy agenda of energy-exporting and -importing nations. High dependence...
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StartPage 1991
SubjectTerms 20th century
21st century
Competitiveness
Consumption
demand security
Developing countries
Econometrics
Economic development
Energy demand
Energy exports & imports
Energy industry
Energy policy
Energy prices
Energy resources
energy security
exporter’s energy security
High income
international competitiveness
International trade
LDCs
Manufacturing
Norway
Security
Windfall profits
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Title Does Energy Demand Security Affect International Competitiveness? Case of Selected Energy-Exporting OECD Countries
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https://doaj.org/article/9ba035dd5f2a4e73aede0253d2399df5
Volume 15
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