Skip to main navigation menu Skip to main content Skip to site footer

Vol. 5 No. 2 (2017)
International Trade & Global Business

Thematic Articles

Modelling Energy Security and International Competitiveness: The Export Perspective

https://doi.org/10.15678/EBER.2017.050204

Published 2017-06-24

  • Honorata Nyga-Łukaszewska
    • ,
  • Eliza Chilimoniuk-Przeździecka

Honorata Nyga-Łukaszewska
Warsaw School of Economics

Eliza Chilimoniuk-Przeździecka
Warsaw School of Economics

Abstract

Objective: The objective of this paper is to investigate the link between energy security and international competitiveness captured by export.

Research Design & Methods: To fulfil the goal, we employed the panel data linear regression model with fixed effects. The study includes 23 countries denoted by one of the world’s biggest energy consumption levels between 1995 and 2014.

Findings: The study confirms the existence of the relationship between energy security and export in the defined and examined groups of goods. Energy security influences exports of capital goods most. While the environmental and economic aspects of energy security gain importance in all tested categories of goods, energy imports lose it.

Implications & Recommendations: The research results suggest that the energy security concept is not a coherent phenomenon as the environmental aspect had the greatest influence on international competitiveness. Such a result calls for a broader empirical investigation with a greater sample size divided upon GDP performance.

Contribution & Value Added: The originality of this work lies in studying the link between energy security and international competitiveness from the export perspective. The identified research gap in this area shows a relative lack of theoretical and empirical studies.

Keywords

international competitiveness, energy security, supply capacity, regression, panel data

PDF

Author Biography

Honorata Nyga-Łukaszewska

PhD in economics (Warsaw School of Economics, Poland). Her main research interests include international economics with a strong focus on international energy markets and energy security.

Eliza Chilimoniuk-Przeździecka

Associate Professor of Warsaw School of Economics since 2007. Her research interests include FDI, offshoring of innovation and economic instruments in legal advocacy.

References

  1. Ang, B.W., Choong, W.L., & Ng, T.S. (2015). Energy security: Definitions, dimensions and indexes. Renewable and Sustainable Energy Reviews, 42, 1077-1093, doi: 10.1016/j.rser.2014.10.064
  2. Arnold, S., & Hunt, A. (2009). National and EU-Level Estimates of Energy Supply Externalities. CEPS Policy Brief, 186, April.
  3. Barsky, R., & Kilian, L. (2004). Oil and the Macroeconomy since the 1970s.(NBER Working Paper Series 10855). Cambridge: The National Bureau of Economic Research. Retrieved on June 5, 2012 from: http://www.nber.org/papers/w10855
  4. Beccue, P., & Huntington, H. (2005). Oil Market Disruption Risk Assessment, Energy Modelling Forum Special Report 8. Stanford, CA: Stanford University.
  5. Coq, Ch. (2009). Russian gas supply and common energy policy. Baltic Rim Economies, 2, 37-38.
  6. Costantini, V., Gracceva, F., Markandya, A., & Vicini, G. (2007). Security of energy supply: Comparing scenarios from a European perspective. Energy Policy, 35(1), 210-226, doi: 10.1016/j.enpol.2005.11.002
  7. Davis, M., Piontkivsky, R., Pindyyuk, O., & Ostojic, D. (2005). Ukraine – The impact of higher natural gas and oil prices. Washington, DC: World Bank. Retrieved on November 7, 2016 from:http://documents.worldbank.org/curated/en/796741468309269171/Ukraine-Theimpact-of-higher-natural-gas-and-oil-prices
  8. European Commission (2014). Energy security strategy. Retrieved on November 7, 2016 from https://ec.europa.eu/energy/en/topics/energy-strategy/energy-security-strategy
  9. Głowacka, A. (1996). Governments And Competitiveness in Central & Eastern Europe. Competitiveness Review: An International Business Journal, 6(2), 27-30, doi: 10.1108/eb046334
  10. Gupta, E. (2008). Oil Vulnerability Index of oil importing countries. Energy Policy, 36(3), 1195-1211, doi: i:10.1016/j.enpol.2007.11.011
  11. Hunt, A.S.P., & Markandaya, A. (2004). Final Report on Work Package 3: The Externalities of Energy Insecurity, ExternE-Pol Research Project for European Commission. Retrieved on November 10, 2016 from: http://www.externe.info/externe_2006/expolwp3.pdf
  12. Huntington, H.G. (2004). Shares, gaps and the economy’s response to oil disruptions. Energy Economics, 26(3), 415-424, doi: 10.1016/j.eneco.2004.04.013
  13. International Energy Agency (2014). What is energy security?. Retrieved on November 7, 2016 from: http://www.iea.org/topics/energysecurity/subtopics/whatisenergysecurity/
  14. Keppler, J.H. (2009). Climate Change, Security of Supply and Competitiveness: Does Europe Have the Means to Implement its Ambitious Energy Vision?. Retrieved on November 10, 2016 from: https://www.researchgate.net/publication/304616362
  15. Kisel, E., Hamburg, A., Haerm, M., Leppiman, A., & Ots, M. (2016). Concept for Energy Security Matrix. Energy Policy, 95, 1-9, doi: 10.1016/j.enpol.2016.04.034
  16. Klein, L.R. (1988). Components of Competitiveness. Science: New Series, 241(4863), 308-313, doi: 10.1126/science.241.4863.308
  17. Modelling Energy Security and International Competitiveness: The Export … | 83
  19. Leiby, P.N., Jones, D.W., Curlee, T.R., & Lee, R. (1997). An Oil Imports: An Assessment of Benefits and Costs. Oak Ridge National Laboratory, Retrieved on April 25, 2015 from: http://www.esd.ornl.gov/eess/energy_analysis/files/ORNL6851.pdf
  20. Lieber, R.J. (1980). Energy, Economics and Security in Alliance Perspective. International Security, 4(4), 139-163.
  22. Loeschel, A., Moslener, U., & Ruebbelke, D.T.G. (2010). Indicators of energy security in industrialised countries. Energy Policy, 38, 1665-1671, doi: 10.1016/j.enpol.2009.03.061
  23. Mansson, A., Johansson, B., & Nilsson, L.J. (2014). Assessing energy security: An overview of commonly used methodologies. Energy, 73, 1-14, doi: 10.1016/j.energy.2014.06.073
  24. McKinsey. (2009). Energy: A key to competitive advantage. New sources of growth and productivity. Frankfurt: A. Hartman, W. Huhn.
  25. Rodrik, D., Subramanian, A., & Trebbi, F. (2002). Institutions rule: the primacy of institutions over geography and integration in economic development (NBER Working Paper Series 9305). Cambridge: The Nationa Bureau of Economic Research. Retrieved on November 7, 2016 from: http://www.nber.org/papers/w9305.pdf
  26. Roupas, Ch., V., Flamos, A., & Psarras, J. (2011). Comparative analysis of EU member countries vulnerability in oil and gas. International Scientific Journal, Part B: Planning and Policy, 6(4), 348-356, doi: 10.1080/15567240802706742
  27. Sauter, R., & Awerbuch, S. (2003). Oil price volatility and economic activity: A survey and literature review. Paris: IEA.
  28. Winzer, Ch. (2012). Conceptualizing energy security. Energy Policy, 46, 36-48, doi: 10.1016/j.enpol.2012.02.067
  29. Sovacool, B., & Mukherjee, I. (2011). Conceptualizing and measuring energy security: A synthesized approach. Energy Policy, 36, 5343-5355, doi: 10.1016/j.energy.2011.06.043
  30. UNCTAD (2005). Developing countries in International trade. Trade and development index. New York, Geneva: United Nations.
  31. Vivoda, V. (2009). Diversification of oil import sources and energy security: A key strategy or an elusive objective?. Energy Policy, 37, 4615-4623, doi: 10.1016/j.enpol.2009.06.007
  32. Zachmann, G., & Cipollone, V. (2013). Energy competitiveness. In R. Veugelers (Ed.), Manufacturing Europe’s future (pp. 139-158). Brussels: Bruegel Blueprint Series XXI.

Downloads

Download data is not yet available.

Similar Articles

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 > >> 

You may also start an advanced similarity search for this article.