IDEAS home Printed from https://ideas.repec.org/a/kap/ecopln/v57y2024i1d10.1007_s10644-024-09604-1.html
   My bibliography  Save this article

RETRACTED ARTICLE: Towards high-quality energy development: role of trade liberalization

Author

Listed:
  • Xueyang Wang

    (Shandong University of Technology)

  • Xiumei Sun

    (Shandong University of Technology)

  • Mahmood Ahmad

    (Shandong University of Technology
    Middle East University)

  • Jiawei Chen

    (Shandong University of Technology)

Abstract

This paper aims to develop a high-quality energy development (HQED) index. To achieve this aim, the SYS-GMM method is applied to investigate the impact of trade liberalization (TL) on HQED in the region, and to analyze its mechanisms. The empirical results are as follows. Firstly, TL has a significant positive effect on HQED in the region, with a 1% increase in the degree of TL leading to an improvement of HQED by 0.0927%. Secondly, external mechanism test reveals that TL promotes regional HQED by raising energy prices and improving the structure of energy consumption. Internal mechanism test shows that TL is effective in enhancing the availability, cleanliness, and affordability of energy. Lastly, the influence of TL on HQED varies due to various factors such as energy endowment and resource allocation, exhibiting an inverted U-shaped relationship at different levels. Based on these findings, recommendations are made to promote TL and improve HQED.

Suggested Citation

  • Xueyang Wang & Xiumei Sun & Mahmood Ahmad & Jiawei Chen, 2024. "RETRACTED ARTICLE: Towards high-quality energy development: role of trade liberalization," Economic Change and Restructuring, Springer, vol. 57(1), pages 1-36, February.
    • Handle: RePEc:kap:ecopln:v:57:y:2024:i:1:d:10.1007_s10644-024-09604-1
    DOI: 10.1007/s10644-024-09604-1
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10644-024-09604-1
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10644-024-09604-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Rafiq, Shuddhasattwa & Salim, Ruhul & Nielsen, Ingrid, 2016. "Urbanization, openness, emissions, and energy intensity: A study of increasingly urbanized emerging economies," Energy Economics, Elsevier, vol. 56(C), pages 20-28.
    2. Madaleno, Mara & Dogan, Eyup & Taskin, Dilvin, 2022. "A step forward on sustainability: The nexus of environmental responsibility, green technology, clean energy and green finance," Energy Economics, Elsevier, vol. 109(C).
    3. Wang, Bo & Zhao, Jun & Dong, Kangyin & Jiang, Qingzhe, 2022. "High-quality energy development in China: Comprehensive assessment and its impact on CO2 emissions," Energy Economics, Elsevier, vol. 110(C).
    4. Daron Acemoglu & Ufuk Akcigit & Douglas Hanley & William Kerr, 2016. "Transition to Clean Technology," Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 52-104.
    5. Lu, Zhou & Gozgor, Giray & Mahalik, Mantu Kumar & Padhan, Hemachandra & Yan, Cheng, 2022. "Welfare gains from international trade and renewable energy demand: Evidence from the OECD countries," Energy Economics, Elsevier, vol. 112(C).
    6. Wang, Qiang & Zhang, Fuyu, 2021. "Free trade and renewable energy: A cross-income levels empirical investigation using two trade openness measures," Renewable Energy, Elsevier, vol. 168(C), pages 1027-1039.
    7. Mah, Daphne Ngar-yin & Cheung, Darren Man-wai & Leung, Michael K.H. & Wang, Maggie Yachao & Wong, Mandy Wai-ming & Lo, Kevin & Cheung, Altair T.F., 2021. "Policy mixes and the policy learning process of energy transitions: Insights from the feed-in tariff policy and urban community solar in Hong Kong," Energy Policy, Elsevier, vol. 157(C).
    8. Al Mamun, Md & Sohag, Kazi & Shahbaz, Muhammad & Hammoudeh, Shawkat, 2018. "Financial markets, innovations and cleaner energy production in OECD countries," Energy Economics, Elsevier, vol. 72(C), pages 236-254.
    9. Morikawa, Masayuki, 2012. "Population density and efficiency in energy consumption: An empirical analysis of service establishments," Energy Economics, Elsevier, vol. 34(5), pages 1617-1622.
    10. Amri, Fethi, 2019. "Renewable and non-renewable categories of energy consumption and trade: Do the development degree and the industrialization degree matter?," Energy, Elsevier, vol. 173(C), pages 374-383.
    11. Zhou, Anhua & Li, Jun, 2022. "How do trade liberalization and human capital affect renewable energy consumption? Evidence from the panel threshold model," Renewable Energy, Elsevier, vol. 184(C), pages 332-342.
    12. Lv, Zhike & Liu, Wangxin & Xu, Ting, 2022. "Evaluating the impact of information and communication technology on renewable energy consumption: A spatial econometric approach," Renewable Energy, Elsevier, vol. 189(C), pages 1-12.
    13. Siyu Ren & Yu Hao & Haitao Wu, 2022. "How Does Green Investment Affect Environmental Pollution? Evidence from China," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 81(1), pages 25-51, January.
    14. Pan, Xiongfeng & Uddin, Md. Kamal & Saima, Umme & Jiao, Zhiming & Han, Cuicui, 2019. "How do industrialization and trade openness influence energy intensity? Evidence from a path model in case of Bangladesh," Energy Policy, Elsevier, vol. 133(C).
    15. Petrović, Predrag & Lobanov, Mikhail M., 2022. "Energy intensity and foreign direct investment nexus: Advanced panel data analysis," Applied Energy, Elsevier, vol. 311(C).
    16. Zhang, Mingming & Zhang, Shichang & Lee, Chien-Chiang & Zhou, Dequn, 2021. "Effects of trade openness on renewable energy consumption in OECD countries: New insights from panel smooth transition regression modelling," Energy Economics, Elsevier, vol. 104(C).
    17. Du, Kerui & Cheng, Yuanyuan & Yao, Xin, 2021. "Environmental regulation, green technology innovation, and industrial structure upgrading: The road to the green transformation of Chinese cities," Energy Economics, Elsevier, vol. 98(C).
    18. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
    19. Bellakhal, Rihab & Ben Kheder, Sonia & Haffoudhi, Houda, 2019. "Governance and renewable energy investment in MENA countries:How does trade matter?," Energy Economics, Elsevier, vol. 84(C).
    20. Nguyen, Canh Phuc & Su, Thanh Dinh, 2022. "The influences of government spending on energy poverty: Evidence from developing countries," Energy, Elsevier, vol. 238(PA).
    21. Payne, James E. & Truong, Huong Hoang Diep & Chu, Lan Khanh & Doğan, Buhari & Ghosh, Sudeshna, 2023. "The effect of economic complexity and energy security on measures of energy efficiency: Evidence from panel quantile analysis," Energy Policy, Elsevier, vol. 177(C).
    22. Guo, Wen & Liu, Xiaorui, 2022. "Market fragmentation of energy resource prices and green total factor energy efficiency in China," Resources Policy, Elsevier, vol. 76(C).
    23. Wurlod, Jules-Daniel & Noailly, Joëlle, 2018. "The impact of green innovation on energy intensity: An empirical analysis for 14 industrial sectors in OECD countries," Energy Economics, Elsevier, vol. 71(C), pages 47-61.
    24. Murshed, Muntasir, 2020. "Are Trade Liberalization policies aligned with Renewable Energy Transition in low and middle income countries? An Instrumental Variable approach," Renewable Energy, Elsevier, vol. 151(C), pages 1110-1123.
    25. Haider, Salman & Mishra, Prajna Paramita, 2021. "Does innovative capability enhance the energy efficiency of Indian Iron and Steel firms? A Bayesian stochastic frontier analysis," Energy Economics, Elsevier, vol. 95(C).
    26. Li, Fengyun & Li, Xingmei & Zheng, Haofeng & Yang, Fei & Dang, Ruinan, 2021. "How alternative energy competition shocks natural gas development in China: A novel time series analysis approach," Resources Policy, Elsevier, vol. 74(C).
    27. Liu, Qingrui & Tang, Lu, 2022. "Research on the accelerating effect of green finance on the transformation of energy consumption in China," Research in International Business and Finance, Elsevier, vol. 63(C).
    28. Huang, Feipeng, 2023. "How does trade and fiscal decentralization leads to green growth; role of renewable energy development," Renewable Energy, Elsevier, vol. 214(C), pages 334-341.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhongwei, Huang & Liu, Yishu, 2022. "The role of eco-innovations, trade openness, and human capital in sustainable renewable energy consumption: Evidence using CS-ARDL approach," Renewable Energy, Elsevier, vol. 201(P1), pages 131-140.
    2. Abir Khribich & Rami H. Kacem & Damien Bazin, 2024. "The Determinants of Renewable Energy Consumption: Which Factors are Most Important?," GREDEG Working Papers 2024-08, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    3. Zhou, Anhua & Li, Jun, 2022. "How do trade liberalization and human capital affect renewable energy consumption? Evidence from the panel threshold model," Renewable Energy, Elsevier, vol. 184(C), pages 332-342.
    4. Han, Mengyao & Li, Weilong, 2024. "Tele-connecting renewable energy availability from production to consumption via multi-national supply chains," Renewable Energy, Elsevier, vol. 227(C).
    5. Nan, Shijing & Huo, Yuchen & Lee, Chien-Chiang, 2023. "Assessing the role of globalization on renewable energy consumption: New evidence from a spatial econometric analysis," Renewable Energy, Elsevier, vol. 215(C).
    6. Sheraz, Muhammad & Sinha, Avik & Qin, Quande & Mumtaz, Muhammad Zubair, 2024. "The asymmetric nexus between energy transition and its drivers: New evidence from China," Energy, Elsevier, vol. 310(C).
    7. Zahonogo, Windbeneti Arnaud, 2025. "Do tariff reductions alleviate energy poverty? Evidence for Sub-Saharan African countries," Energy Policy, Elsevier, vol. 197(C).
    8. Wang, Bo & Wang, Jianda & Dong, Kangyin & Nepal, Rabindra, 2024. "How does artificial intelligence affect high-quality energy development? Achieving a clean energy transition society," Energy Policy, Elsevier, vol. 186(C).
    9. Liu, Yang & Dong, Kangyin & Taghizadeh-Hesary, Farhad, 2023. "How does energy aid mitigate the recipient countries’ carbon emissions?," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 359-375.
    10. Zhang, Yue & Akram, Rabia & Ren, Siyu & Rehman, Mubeen Abdur & Abbas, Shujaat, 2023. "Determinants of sustainable energy in OECD countries: Role of technology and financial resources," Resources Policy, Elsevier, vol. 87(PB).
    11. Shao, Jun & Wang, Lianghu, 2023. "Can new-type urbanization improve the green total factor energy efficiency? Evidence from China," Energy, Elsevier, vol. 262(PB).
    12. Alsagr, Naif & Ozturk, Ilhan, 2024. "How do energy security risk and ICT affect green investment?," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 1044-1055.
    13. Qiang Wang & Xiaoli Yang & Rongrong Li, 2024. "Does intellectual property protection improve energy efficiency? Evidence from the impact of intellectual property income on energy intensity," Energy & Environment, , vol. 35(8), pages 4310-4338, December.
    14. Wang, En-Ze & Lee, Chien-Chiang & Li, Yaya, 2022. "Assessing the impact of industrial robots on manufacturing energy intensity in 38 countries," Energy Economics, Elsevier, vol. 105(C).
    15. Zhang, Weike & Zeng, Ming, 2024. "Is artificial intelligence a curse or a blessing for enterprise energy intensity? Evidence from China," Energy Economics, Elsevier, vol. 134(C).
    16. Yahya Algül & Deniz Erenel, 2024. "The Impact of R&D Expenditures on Regional Energy Intensity in Turkey," International Journal of Energy Economics and Policy, Econjournals, vol. 14(5), pages 546-557, September.
    17. Jun Shao & Lianghu Wang, 2024. "The role of different paths of technological progress in improving China's energy efficiency," Energy & Environment, , vol. 35(4), pages 2008-2030, June.
    18. Huang, Ruting & Yao, Xin, 2024. "City size and energy efficiency of Chinese manufacturing firms: An empirical study from a city characteristic perspective," Energy Economics, Elsevier, vol. 129(C).
    19. Irfan, Muhammad & Abdur Rehman, Mubeen & Liu, Xuemei & Razzaq, Asif, 2022. "Interlinkages between mineral resources, financial markets, and sustainable energy sources: Evidence from minerals exporting countries," Resources Policy, Elsevier, vol. 79(C).
    20. Tommaso Oliviero & Sandro Rondinella & Alberto Zazzaro, 2024. "Are green firms more financially constrained? The sensitivity of investment to cash flow," CSEF Working Papers 700, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:ecopln:v:57:y:2024:i:1:d:10.1007_s10644-024-09604-1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.