Does Geopolitics Have an Impact on Energy Trade? Empirical Research on Emerging Countries

نویسندگان

چکیده

The energy trade is an important pillar of each country’s development, making up for the imbalance in production and consumption fossil fuels. Geopolitical risks affect various countries to a certain extent, but causes geopolitical are complex, also involves many aspects, so impact geopolitics on complex. Based monthly data from 2000 2020 17 emerging economies, this paper employs fixed-effect model regression-discontinuity (RD) verify negative first then analyze mechanism heterogeneity impact. following conclusions drawn: First, has significant import export trade, inhibition greater than that import. Second, reflected lagging effect mediating imports exports; is, continued be 10 months later. Coal crude oil prices, as variables, decreased reduce exports, whereas natural gas prices showed increase. Third, heterogeneous terms national attribute characteristics geo-event types.

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ژورنال

عنوان ژورنال: Sustainability

سال: 2021

ISSN: ['2071-1050']

DOI: https://doi.org/10.3390/su13095199