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THE EVOLUTION OF THE ENERGY IMPORT DEPENDENCE NETWORK AND ITS INFLUENCING FACTORS: TAKING COUNTRIES AND REGIONS ALONG THE BELT AND ROAD AS AN EXAMPLE.

Authors :
Qingru SUN
Xiangyun GAO
Jingjian SI
Xian XI
Siyao LIU
Huiling ZHENG
Wenting LIANG
Source :
Journal of Business Economics & Management; 2022, Vol. 23 Issue 1, p105-130, 26p
Publication Year :
2022

Abstract

This paper provides the concept of import dependence between countries, which is a relative quantity. In order to reveal the evolutionary characteristics of the import dependence between countries in energy trade and its influencing factors, firstly, based on the network analysis method, this paper constructs a model of energy import dependence network (EIDN) among countries and regions along the Belt and Road (B&R countries). Crude oil and natural gas are taken as empirical objects, and the evolution characteristics of the two kinds of EIDNs are analysed. The result showed that most of the B&R countries had a small number of crude oil and natural gas trade partners. However, the import dependence in crude oil and natural gas trade between countries is relatively large, indicating that the risk of oil and gas security in B&R countries is high. Moreover, based on the QAP method, spatial distance, economic differences, the signing of free trade agreements, and the differences in energy consumption between countries have a significant impact on the import dependence in crude oil and natural gas trade among B&R countries. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
16111699
Volume :
23
Issue :
1
Database :
Complementary Index
Journal :
Journal of Business Economics & Management
Publication Type :
Academic Journal
Accession number :
154975106
Full Text :
https://doi.org/10.3846/jbem.2021.15661