Economics, Econometrics and Finance
8 years ago

Trade openness boosts economic growth and energy consumption in Asia

Energy Policy
Causal relationship between trade openness, economic growth and energy consumption: A panel data analysis of Asian countries
Samia Nasreen, Sofia Anwar

Paper Summary

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The article examines the relationship between economic growth, trade openness, and energy consumption in 15 Asian countries from 1980 to 2011. The researchers found that economic growth and trade openness have a positive impact on energy consumption. They also discovered that there is a two-way relationship between economic growth and energy consumption, as well as between trade openness and energy consumption.