Energy Market Integration and Economic Convergence: Implications for East Asia *
Energy Market Integration and Economic Convergence: Implications for East Asia *
复制标题
能源市场一体化和经济融合：对东亚的影响*
DOI：
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发表时间：
2011
期刊：
影响因子：
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通讯作者：
Xunpeng Shi
中科院分区：
文献类型：
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作者：
Yu Sheng;Xunpeng Shi
能源市场一体化是近年来东亚各国积极推进的一项经济发展战略，但如何实现能源市场一体化对东亚各国经济增长的促进作用，仍是一个值得研究的问题。本文运用经济收敛分析（包括σ收敛和β收敛两种方法），在国家层面上考察了能源贸易指数和能源市场竞争指数对各国动态经济增长路径的影响，特别是为东亚各国推进能源贸易指数的政策制定提供参考。结果表明，一个更加一体化的能源市场可能会显着缩小各国之间的收入差距，从而帮助穷国在经济发展方面赶上富国。此外，通过对欧盟、北美自由贸易区和东亚地区的比较，发现东亚地区国家更有可能沿着欧洲一体化进程的构建而实现经济趋同。一个重要的政策含义是，东亚峰会区域的欠发达国家可以从积极参与经济一体化进程中获得更多的利益。
Energy Market Integration (EMI) has been pursued by East Asian countries in recent years, but how it could play a role in facilitating economic growth of countries in the region remains to be an empirical question. This paper uses the economic convergence analysis (including both the σ-convergence and β-convergence approaches) to examine the impact of EMI - measured by two newly constructed indexes (namely, the energy trade index and the energy market competition index) - at the country level, on dynamic economic growth path across countries, with a special interest to inform policy makings related to promoting EMI among East Asian countries. The result shows that a more integrated energy market may significantly reduce income disparity across countries and thus help poor countries to catch up with rich countries in economic development. Moreover, a comparison among the three regions including EU, NAFTA and EAS shows that EAS countries are more likely to achieve economic convergence along with the construction of EMI process. An important policy implication is that less developed countries in the EAS region can increase benefits from actively participating into the EMI process.
影响因子：
3.2
作者：
H. Lee;R. Owen;D. Mensbrugghe
通讯作者：
H. Lee;R. Owen;D. Mensbrugghe