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A Chinese clout on energy exports some countries cannot shake off

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  • Dragomirescu-Gaina, Catalin
  • Fassas, Athanasios P.
  • Philippas, Dionisis

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.

Suggested Citation

  • Dragomirescu-Gaina, Catalin & Fassas, Athanasios P. & Philippas, Dionisis, 2024. "A Chinese clout on energy exports some countries cannot shake off," Energy Economics, Elsevier, vol. 134(C).
    • Handle: RePEc:eee:eneeco:v:134:y:2024:i:c:s0140988324003426
    DOI: 10.1016/j.eneco.2024.107634
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    More about this item

    Keywords

    Energy exports; China; Developing countries;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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