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Renewable energy trade within Regional Comprehensive Economic Partnership (RCEP) countries: an exploratory analysis

Author

Listed:
  • Kaliappa Kalirajan
  • Yichang Liu

Abstract

Though the availability of cost effective and potentially efficient renewable energy technologies is a necessary condition for the promotion of green growth nationally and internationally, it is the intended nationally determined contributions (INDC) to make use of such technologies is crucial. International trade in low carbon renewable energy goods provides an effective way of achieving INDCs nationally, even when individual countries may not have sufficient infrastructure readily available to them to fulfill INDCs. It is in this context, examination of whether renewable energy goods exports have been flowing without constraints in the Asian region and whether the RCEP regional cooperation mooted by the ASEAN can potentially facilitate minimizing those constraints at the regional level. The short answers to those questions are no and yes respectively. The answer is no mainly due to the existing institutional rigidities of which the major one is the non-tariff measures. The answer is yes mainly due to the possibility of improving the technical cooperation in producing renewable energy goods and consultations in removing non-tariff barriers through the effective functioning of RCEP..

Suggested Citation

  • Kaliappa Kalirajan & Yichang Liu, 2016. "Renewable energy trade within Regional Comprehensive Economic Partnership (RCEP) countries: an exploratory analysis," ASARC Working Papers 2016-05, The Australian National University, Australia South Asia Research Centre.
  • Handle: RePEc:pas:asarcc:2016-05
    as

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    File URL: https://acde.crawford.anu.edu.au/sites/default/files/publication/acde_crawford_anu_edu_au/2016-09/wp2016-05_kalirajan_liu.pdf
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    References listed on IDEAS

    as
    1. Kaliappa Kalirajan,, 2012. "Regional Cooperation towards Green Asia : Trade and Investment," Development Economics Working Papers 23291, East Asian Bureau of Economic Research.
    2. Christopher O’Donnell & D. Rao & George Battese, 2008. "Metafrontier frameworks for the study of firm-level efficiencies and technology ratios," Empirical Economics, Springer, vol. 34(2), pages 231-255, March.
    3. Kaliappa Kalirajan, 2008. "Gravity model specification and estimation: revisited," Applied Economics Letters, Taylor & Francis Journals, vol. 15(13), pages 1037-1039.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Memduh Alper Demir & Mustafa Bilik & Utku Utkulu, 2017. "The Impact of Competitiveness on Trade Efficiency: The Asian Experience by Using the Stochastic Frontier Gravity Model," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 5(4), pages 1-15.
    2. Fukunari Kimura & Shandre Mugan Thangavelu & Dionisius Narjoko (ed.), 2022. "Regional Comprehensive Economic Partnership: Implications, Challenges, and Future Growth of East Asia and ASEAN," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 978-6025-460-44-9, July.
    3. Opeyemi, Akinyemi & Uchenna, Efobi & Simplice, Asongu & Evans, Osabuohein, 2019. "Renewable energy, trade performance and the conditional role of finance and institutional capacity in sub-Sahara African countries," Energy Policy, Elsevier, vol. 132(C), pages 490-498.
    4. Fan Yang & Yongrok Choi & Hyoungsuk Lee, 2021. "Convergence or Divergence? Emission Performance in the Regional Comprehensive Economic Partnership Countries," Sustainability, MDPI, vol. 13(18), pages 1-15, September.
    5. Shiro Armstrong & Peter Drysdale, 2022. "The Implications of the Regional Comprehensive Economic Partnership for Asian Regional Architecture," Chapters, in: Fukunari Kimura & Shandre Mugan Thangavelu & Dionisius Narjoko (ed.), Regional Comprehensive Economic Partnership: Implications, Challenges, and Future Growth of East Asia and ASEAN, chapter 9, pages 247-267, Economic Research Institute for ASEAN and East Asia (ERIA).

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    More about this item

    Keywords

    paddy/rice value chain; profit margins of paddy/tice; market structure; Sri Lanka;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F18 - International Economics - - Trade - - - Trade and Environment
    • Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade

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