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Non-renewable Resources in Asian Economies: Perspective of Availability, Applicability Acceptability, and Affordability

Author

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  • Youngho CHANG

    (Scholl of Humanities and Social Sciences, Nanyang Technological University)

  • Yanfei LI

    (Economic Research Institute for ASEAN and East Asia (ERIA))

Abstract

This paper reviews the factors that determine the sustainability of nonrenewable energy production and consumption in Asian economies. It reviews the recent literature on the issue and all of the key findings under the 4As framework (Availability, Applicability, Acceptability, and Affordability) which is derived from the classical Hotelling non-renewable resource economics models. Conclusions derived focus on the implications of the fast growth in non-renewable energy consumption and its outpacing the growth in indigenous production, the uneven distribution of exploitable non-renewable energy resources, the potentials of shale oil and shale gas, the role of coal, renewable energy and nuclear energy, the reform of domestic energy markets, and the environmental impacts of the use of nonrenewable energy in the Asian economies.

Suggested Citation

  • Youngho CHANG & Yanfei LI, 2014. "Non-renewable Resources in Asian Economies: Perspective of Availability, Applicability Acceptability, and Affordability," Working Papers DP-2014-04, Economic Research Institute for ASEAN and East Asia (ERIA).
  • Handle: RePEc:era:wpaper:dp-2014-04
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    References listed on IDEAS

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    Cited by:

    1. Aalto, Pami, 2014. "Energy market integration and regional institutions in east Asia," Energy Policy, Elsevier, vol. 74(C), pages 91-100.

    More about this item

    Keywords

    Non-renewable energy; Sustainability; Asian economies; 4A framework;

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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