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

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