 Analyzing Energy Export Patterns from the Commonwealth of Independent States to China: New Evidence from Gravity Trade TheoryEhsan Rasoulinezhad Chinese Economy, 2019, vol. 52, issue 3, 279-294 Abstract: The issue of energy trade is crucial for both the Commonwealth of independent States (CIS) region as a top energy exporter and for China as the top energy importer in the world. This study tries to investigate and analyze energy trade patterns running from the CIS to China by applying the panel-gravity trade equation over the period from 2001–2017. The major results revealed that the gravity theory fits the data well. In addition, the findings of this study suggested that the estimated coefficients across all three panel estimators (fixed effect, random effect, and FMOLS) are very similar. Further, the empirical results demonstrated that an increase in GDP and income accelerates the Chinese energy imports from the CIS. Our findings supported the H-O theory, where the difference in income showed a positive influence on the China -CIS energy trade volume. I also discovered the positive impact of the openness level. However, the results indicated that the trade-distance nexus is negative for energy export volume running from the CIS to China. Date: 2019 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:mes:chinec:v:52:y:2019:i:3:p:279-294 Ordering information: This journal article can be ordered from DOI: 10.1080/10971475.2018.1548145 Access Statistics for this article More articles in Chinese Economy from Taylor & Francis Journals |
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