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Oil import diversification in the Asia-Pacific (1976–2014)

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  • S. Hayden Lesbirel
  • Sizhong Sun

Abstract

We explore trends and patterns of oil import diversification by Asia-Pacific Economic Cooperation (APEC) countries from 1976 to 2014, and generalise four patterns in that diversification. First, oil import sources of APEC countries are diversified considerably. Second, APEC countries have diversified their import sources over time. Third, there is no σ-convergence in oil import diversification. Fourth, there exist substantial cross-time variations in both the mean and standard deviation of Herfindahl index among APEC countries.

Suggested Citation

  • S. Hayden Lesbirel & Sizhong Sun, 2017. "Oil import diversification in the Asia-Pacific (1976–2014)," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 22(4), pages 621-625, October.
    • Handle: RePEc:taf:rjapxx:v:22:y:2017:i:4:p:621-625
    DOI: 10.1080/13547860.2017.1341747
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    References listed on IDEAS

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    1. Sovacool, Benjamin K., 2013. "Assessing energy security performance in the Asia Pacific, 1990–2010," Renewable and Sustainable Energy Reviews, Elsevier, vol. 17(C), pages 228-247.
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    3. Ang, B.W. & Choong, W.L. & Ng, T.S., 2015. "Energy security: Definitions, dimensions and indexes," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 1077-1093.
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