A Chinese clout on energy exports some countries cannot shake off

Catalin Dragomirescu-Gaina, Athanasios Fassas and Dionisis Philippas

Energy Economics, 2024, vol. 134, issue C

Abstract: The Chinese-led Belt and Road Initiative has created unprecedented economic opportunities for developing and underdeveloped countries to became more active in international trade, including in energy exports. The dynamics overlap with a worrying trend in democratic governance and accountability in these same countries, raising policy challenges for their long-term development prospects. By adopting a system approach within a panel dataset, we estimate this policy trade-off and reveal the heterogeneity dimension of these effects for a large set of countries and across a number of economic sectors linked to energy exports. Finally, we discuss some policy implications of our results.

Keywords: Energy exports; China; Developing countries (search for similar items in EconPapers)
JEL-codes: F20 F42 H10 O10 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:134:y:2024:i:c:s0140988324003426

DOI: 10.1016/j.eneco.2024.107634

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