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

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  • 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, Econjournals, vol. 15(6), pages 658-666, October.
    • Handle: RePEc:eco:journ2:v:15:y:2025:i:6:id:19964
    DOI: 10.32479/ijeep.19964
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