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Energy Abundance, Trade and Specialization

Listed author(s):
  • Reyer Gerlagh, Nicole A. Mathys and Thomas O. Michielsen

Do countries with large energy endowments have larger energy-intensive sectors? We answer this question empirically using a panel with 14 high-income countries from Europe, America and Asia and 10 broad sectors, from 1970 to 1997. Energy-abundant countries have 7 to 10 percent higher employment and 13 to 17 percent higher net exports per value added in energy-intensive sectors vis-a`-vis otherwise comparable countries. Conversely, energy-scarce countries specialize in non-energy-intensive sectors.

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Article provided by International Association for Energy Economics in its journal The Energy Journal.

Volume (Year): Volume 36 (2015)
Issue (Month): Number 3 ()
Pages:

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Handle: RePEc:aen:journl:ej36-3-michielsen
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