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Impacts of Epidemics on Energy Security - An Empirical Analysis

Author

Listed:
  • Xin-Xin Zhao
  • Pei-Dong Deng

    (School of Economics and Finance, Xi'an Jiaotong University, China)

Abstract

Using panel data covering 136 countries from 1989 to 2019, this study investigates the impact of epidemics on energy security. Our empirical results show a significantly negative impact of epidemics on energy security, not only in the current year but also in the next five years. Moreover, the adverse impact can be weakened in high-income countries.

Suggested Citation

  • Xin-Xin Zhao & Pei-Dong Deng, 2021. "Impacts of Epidemics on Energy Security - An Empirical Analysis," Energy RESEARCH LETTERS, Asia-Pacific Applied Economics Association, vol. 2(2), pages 1-4.
    • Handle: RePEc:ayb:jrnerl:38
    DOI: 2021/10/14
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    References listed on IDEAS

    as
    1. Chen, Yin E. & Fu, Qiang & Zhao, Xinxin & Yuan, Xuemei & Chang, Chun-Ping, 2019. "International sanctions’ impact on energy efficiency in target states," Economic Modelling, Elsevier, vol. 82(C), pages 21-34.
    2. Afees A. Salisu & Kingsley Obiora, 2021. "COVID-19 pandemic and the crude oil market risk: hedging options with non-energy financial innovations," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-19, December.
    3. Jose Cuesta, 2010. "How much of a threat to economic growth is a mature AIDS epidemic?," Applied Economics, Taylor & Francis Journals, vol. 42(24), pages 3077-3089.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Wang, Jun & Ghosh, Sudeshna & Olayinka, Olohunlana Aminat & Doğan, Buhari & Shah, Muhammad Ibrahim & Zhong, Kaiyang, 2022. "Achieving energy security amidst the world uncertainty in newly industrialized economies: The role of technological advancement," Energy, Elsevier, vol. 261(PB).

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    More about this item

    Keywords

    epidemics; energy security; high-income countries;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

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