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 in | Energies (Basel) Vol. 15; no. 6; p. 1991 |
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Main Authors | , |
Format | Journal Article |
Language | English |
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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. |
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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 |
Author_xml | – sequence: 1 givenname: Honorata orcidid: 0000-0003-1615-9991 surname: Nyga-Łukaszewska fullname: Nyga-Łukaszewska, Honorata – sequence: 2 givenname: Tomasz M. surname: Napiórkowski fullname: Napiórkowski, Tomasz M. |
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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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