globalchange  > 过去全球变化的重建
DOI: 10.1016/j.enpol.2019.02.038
WOS记录号: WOS:000468012900040
论文题名:
Is energy security a driver for economic growth? Evidence from a global sample
作者: Le, Thai-Ha1,2; Canh Phuc Nguyen3
通讯作者: Le, Thai-Ha
刊名: ENERGY POLICY
ISSN: 0301-4215
EISSN: 1873-6777
出版年: 2019
卷: 129, 页码:436-451
语种: 英语
英文关键词: Energy security ; Economic growth ; Global sample ; Panel data analysis
WOS关键词: FOREIGN DIRECT-INVESTMENT ; CARBON-DIOXIDE EMISSIONS ; OIL PRICE VOLATILITY ; RENEWABLE ENERGY ; FINANCIAL DEVELOPMENT ; ELECTRICITY CONSUMPTION ; TRADE OPENNESS ; CO2 EMISSIONS ; FRESH-EVIDENCE ; PANEL COINTEGRATION
WOS学科分类: Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies
WOS研究方向: Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
英文摘要:

This study examines whether energy security contributes to economic growth for a global sample of 74 countries covering the period from 2002 to 2013. The benchmark model is built based on an extended version of the Cobb Douglas production function. Ten measures of energy security are employed to capture five aspects of energy security including availability, accessibility, acceptability, affordability, and develop-ability. Besides the whole sample, we also conduct the panel data analysis on subsamples of countries based on different income levels, using Panel-Corrected Standard Errors (PCSE) and Feasible Generalized Least Squares (FGLS) techniques that correct for heterogeneity and autocorrelation and produce robust standard errors. The empirical results appear to be relatively robust to these two estimation techniques. Overall, we find that energy security enhances economic growth for both the whole sample and subsamples of countries. Meanwhile, energy insecurity measured by energy intensity and carbon intensity variables has a negative impact on economic growth. The results vary across subsamples for several cases. The findings imply that at the global level, energy for economic development, energy security, and climate change mitigation should be pursued as integrated themes since there are linkages among these three agendas.


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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/139986
Appears in Collections:过去全球变化的重建

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作者单位: 1.RMIT Univ, Ho Chi Minh City, Vietnam
2.IPAG Business Sch, Paris, France
3.Univ Econ Ho Chi Minh City, Ho Chi Minh City, Vietnam

Recommended Citation:
Le, Thai-Ha,Canh Phuc Nguyen. Is energy security a driver for economic growth? Evidence from a global sample[J]. ENERGY POLICY,2019-01-01,129:436-451
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