Energy Abundance, Trade and Specialization

Reyer Gerlagh, Nicole Mathys and Thomas O. Michielsen

The Energy Journal, 2015, vol. 36, issue 3, 235-246

Abstract: Do countries with large energy endowments have larger energy-intensive sectors? We answer this question empirically using a panel with 14 high-income countries from Europe, America and Asia and 10 broad sectors, from 1970 to 1997. Energy-abundant countries have 7 to 10 percent higher employment and 13 to 17 percent higher net exports per value added in energy-intensive sectors vis-a-vis otherwise comparable countries. Conversely, energy-scarce countries specialize in non-energy-intensive sectors.

Keywords: Trade; Energy; Factor abundance (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:36:y:2015:i:3:p:235-246

DOI: 10.5547/01956574.36.3.rger

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