IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/v15y2025i6id19964.html

Short and Long-Term Analysis of Relations between Transportation and Industrial Sectors Energy Consumption and Foreign Trade in New Industrialized Countries

Author

Listed:
  • Cihan, Kezban Ayran

    (Department of International Trade and Logistics, Findikli School of Applied Sciences, Recep Tayyip Erdogan University, Rize, Turkiye)

Abstract

This study investigates the effects of transport sector energy consumption, industrial sector energy consumption and imports on exports in Newly Industrializing Countries (Mexico, Turkey, Brazil, China, India, Indonesia, South Africa and Thailand). In the study, using data for the period 1990- 2022, tests that take into account horizontal cross-section dependence and heterogeneity and long and short-run analyses at panel and country level were applied. As a result of the study, it is found that transportation sector energy consumption has a negative effect on exports and imports have a positive effect on exports in both short and long run. Moreover, the negative effect of transportation energy consumption decreases from the short-run to the long-run, whereas the positive effect of imports increases from the short-run to the long-run. In addition, it is determined that the positive effect of imports on exports is higher than the negative effect of transportation energy consumption in both the short and long run.

Suggested Citation

  • Cihan, Kezban Ayran, 2025. "Short and Long-Term Analysis of Relations between Transportation and Industrial Sectors Energy Consumption and Foreign Trade in New Industrialized Countries," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, vol. 15(6), pages 658-666, October.
  • Handle: RePEc:eco:journ2:v:15:y:2025:i:6:id:19964
    DOI: 10.32479/ijeep.19964
    as

    Download full text from publisher

    File URL: https://econjournals.com/index.php/ijeep/article/download/19964/9414
    Download Restriction: no

    File URL: https://libkey.io/10.32479/ijeep.19964?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Raza, Syed Ali & Shahbaz, Muhammad & Nguyen, Duc Khuong, 2015. "Energy conservation policies, growth and trade performance: Evidence of feedback hypothesis in Pakistan," Energy Policy, Elsevier, vol. 80(C), pages 1-10.
    2. Pedroni, Peter, 2004. "Panel Cointegration: Asymptotic And Finite Sample Properties Of Pooled Time Series Tests With An Application To The Ppp Hypothesis," Econometric Theory, Cambridge University Press, vol. 20(3), pages 597-625, June.
    3. Giray Gözgör & Muhlis Can, 2017. "Causal Linkages among the Product Diversification of Exports, Economic Globalization and Economic Growth," Review of Development Economics, Wiley Blackwell, vol. 21(3), pages 888-908, August.
    4. Sadorsky, Perry, 2012. "Energy consumption, output and trade in South America," Energy Economics, Elsevier, vol. 34(2), pages 476-488.
    5. Sanel Halilbegović & Zana Pekmez & Abdul Rehman, 2023. "Modeling the Nexus of Renewable and Non-Renewable Energy Consumption and Economic Progress in Southeastern Europe: A Panel Data Analysis," Sustainability, MDPI, vol. 15(12), pages 1-21, June.
    6. Muhammad Asghar & Imran Sharif Chaudhry & Sharafat Ali, 2024. "Innovation, Energy Consumption and Trade Dynamic: Evidence from Developed and Developing Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 4356-4382, March.
    7. M. Hashem Pesaran, 2006. "Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure," Econometrica, Econometric Society, vol. 74(4), pages 967-1012, July.
    8. Hashem Pesaran, M. & Yamagata, Takashi, 2008. "Testing slope homogeneity in large panels," Journal of Econometrics, Elsevier, vol. 142(1), pages 50-93, January.
    9. Koengkan, Matheus, 2018. "The positive impact of trade openness on consumption of energy: Fresh evidence from Andean community countries," Energy, Elsevier, vol. 158(C), pages 936-943.
    10. Sadorsky, Perry, 2011. "Trade and energy consumption in the Middle East," Energy Economics, Elsevier, vol. 33(5), pages 739-749, September.
    11. M. Hashem Pesaran, 2007. "A simple panel unit root test in the presence of cross-section dependence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(2), pages 265-312.
    12. Costantini, Valeria & Martini, Chiara, 2010. "The causality between energy consumption and economic growth: A multi-sectoral analysis using non-stationary cointegrated panel data," Energy Economics, Elsevier, vol. 32(3), pages 591-603, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Muhammad Shakeel & Aziz Ahmed, 2021. "Economic growth, exports, and role of energy conservation: Evidence from panel co-integration-based causality models in South Asia," Energy & Environment, , vol. 32(1), pages 3-24, February.
    2. Huang, Zhilin & Zhang, Hong & Duan, Hongbo, 2020. "How will globalization contribute to reduce energy consumption?," Energy, Elsevier, vol. 213(C).
    3. Muhammad Shahbaz & Syed Jawad Hussain Shahzad & Mantu Kumar Mahalik & Perry Sadorsky, 2018. "How strong is the causal relationship between globalization and energy consumption in developed economies? A country-specific time-series and panel analysis," Applied Economics, Taylor & Francis Journals, vol. 50(13), pages 1479-1494, March.
    4. Hemachandra Padhan & Santosh Kumar Sahu & Umakant Dash, 2022. "Economic globalization and energy consumption patterns in Organisation for Economic Co-operation and Development economies," Energy & Environment, , vol. 33(7), pages 1396-1416, November.
    5. Shahzad, Umer & Lv, Yulan & Doğan, Buhari & Xia, Wanjun, 2021. "Unveiling the heterogeneous impacts of export product diversification on renewable energy consumption: New evidence from G-7 and E-7 countries," Renewable Energy, Elsevier, vol. 164(C), pages 1457-1470.
    6. Topcu, Mert & Payne, James E., 2018. "Further evidence on the trade-energy consumption nexus in OECD countries," Energy Policy, Elsevier, vol. 117(C), pages 160-165.
    7. Dedeoğlu, Dinçer & Kaya, Hüseyin, 2013. "Energy use, exports, imports and GDP: New evidence from the OECD countries," Energy Policy, Elsevier, vol. 57(C), pages 469-476.
    8. Qamruzzaman, Md & Karim, Salma & Jahan, Ishrat, 2022. "Nexus between economic policy uncertainty, foreign direct investment, government debt and renewable energy consumption in 13 top oil importing nations: Evidence from the symmetric and asymmetric investigation," Renewable Energy, Elsevier, vol. 195(C), pages 121-136.
    9. Ronghui Xie & Shengjie Zhang, 2024. "Re†examining the impact of global foreign direct investment (FDI) inflows on haze pollution—considering the moderating mechanism of environmental regulation," Energy & Environment, , vol. 35(6), pages 3186-3209, September.
    10. Li, Xuelin & Yang, Lin, 2023. "Natural resources, remittances and carbon emissions: A Dutch Disease perspective with remittances for South Asia," Resources Policy, Elsevier, vol. 85(PB).
    11. Adolfo Maza & Paula Gutiérrez-Portilla, 2022. "Outward FDI and exports relation: A heterogeneous panel approach dealing with cross-sectional dependence," International Economics, CEPII research center, issue 170, pages 174-189.
    12. Yana Petrova, 2020. "On cointegration between the insurance market and economic activity," Empirical Economics, Springer, vol. 59(3), pages 1127-1138, September.
    13. Jin, Taeyoung, 2022. "Impact of heat and electricity consumption on energy intensity: A panel data analysis," Energy, Elsevier, vol. 239(PA).
    14. Zahonogo, Windbeneti Arnaud, 2025. "Do tariff reductions alleviate energy poverty? Evidence for Sub-Saharan African countries," Energy Policy, Elsevier, vol. 197(C).
    15. Yu Shuangshuang & Wenzhong Zhu & Nafeesa Mughal & Sergio Ivan Vargas Aparcana & Iskandar Muda, 2023. "The impact of education and digitalization on female labour force participation in BRICS: an advanced panel data analysis," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 10(1), pages 1-9, December.
    16. Khan, Zeeshan & Malik, Muhammad Yousaf & Latif, Kashmala & Jiao, Zhilun, 2020. "Heterogeneous effect of eco-innovation and human capital on renewable & non-renewable energy consumption: Disaggregate analysis for G-7 countries," Energy, Elsevier, vol. 209(C).
    17. Chung, Changwoo & Kim, Jinsoo, 2024. "Greenflation, a myth or fact? Empirical evidence from 26 OECD countries," Energy Economics, Elsevier, vol. 139(C).
    18. Jiying Wu & Olivier Joseph Abban & Yao Hongxing & Alex Dankyi Boadi & Evans Takyi Ankomah-Asare, 2022. "The nexus amid foreign direct investment, urbanization, and CO2 emissions: Evidence from energy grouping along the ECOWAS community," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(8), pages 10183-10207, August.
    19. Chee-Hong Law & Siok Kun Sek, 2022. "Panel evidence of the dynamics between energy consumption and trade openness in ASEAN and East Asia," Energy & Environment, , vol. 33(3), pages 449-471, May.
    20. Ourania Dimitraki & Kyriakos Emmanouilidis & Alban Asllani, 2025. "Reassessing the military spending–economic growth nexus in the ‘shadows’: selected Balkan countries, 1990–2022," Defence and Peace Economics, Taylor & Francis Journals, vol. 36(8), pages 1172-1196, November.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:v:15:y:2025:i:6:id:19964. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Monica Sinhat (email available below). General contact details of provider: https://econjournals.com/index.php/ijeep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.