What does export diversification do for energy demand? Evidence from the Global North

dc.authorid0000-0002-3710-6146en_US
dc.contributor.authorOlasehinde-Williams, Godwin
dc.contributor.authorLee, Chien-Chiang
dc.contributor.authorFolorunsho, Ajide
dc.date.accessioned2023-03-13T08:19:44Z
dc.date.available2023-03-13T08:19:44Z
dc.date.issued2022en_US
dc.departmentFakülteler, İşletme Fakültesi, Yönetim Bilişim Sistemleri (İngilizce) Bölümüen_US
dc.description.abstractThis paper contributes to the trade-energy literature by examining the effect of export product diversification on the energy demand of 30 countries located in the Global North over the period 1980-2014. A nonparametric time-varying coefficient panel data model with fixed effects is employed for its ability to produce robust outcomes in the presence of parameter instabilities, nonstationarity, regime shifts, and time variations. As a second step, the paper also utilizes the nonparametric fixed effects extension of Driscoll and Kraay, which is robust to spatial/cross-sectional dependence, as well as to autocorrelation and heteroscedasticity. The results indicate that export diversification lowers overall energy demand in the Global North, and the size of the impact has been on a gradual increase over the years. The paper concludes that if a conscious effort is made to ensure that product diversification is towards energy-efficient goods, export product diversification can serve as a useful strategy for managing energy consumption and mitigating its negative environmental effects.en_US
dc.identifier.doi10.1007/s11356-022-22202-wen_US
dc.identifier.pmid35902517en_US
dc.identifier.scopus2-s2.0-85137972225en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.urihttps://hdl.handle.net/11467/6415
dc.identifier.urihttps://doi.org/10.1007/s11356-022-22202-w
dc.identifier.wosWOS:000834592300019en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakPubMeden_US
dc.language.isoenen_US
dc.publisherSPRINGER HEIDELBERGen_US
dc.relation.ispartofENVIRONMENTAL SCIENCE AND POLLUTION RESEARCHen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectGlobal North, Export product diversifcation, Nonparametric panel data, Time-varying parameter modelen_US
dc.titleWhat does export diversification do for energy demand? Evidence from the Global Northen_US
dc.typeArticleen_US

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