Journal
ENERGY POLICY
Volume 184, Issue -, Pages -Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2023.113858
Keywords
Energy trade stability; Climate risk; Natural disasters; Transition risks; Survival analysis
Ask authors/readers for more resources
This paper investigates China's energy trade stability using a survival analysis approach. It finds that the energy trade linkages between China and 153 other countries are complex and unstable, with short periods of trade with many countries. Geopolitically risky regions, such as the Middle East and Africa, have the lowest trade stability. Climate risks have significant effects on energy trade stability. The paper proposes several policy options to improve energy trade stability in China, with special attention to increasing global climate risks.
As the world's largest importer of energy, China has been facing severe energy security issues. In the context of the challenges of global energy transformation brought about by climate change and the intensification of global political risks, a survival analysis approach is used in this paper to investigate China's energy trade stability. The results show that the energy trade linkages between China and 153 other countries are complex and unstable, featuring short periods of trade with many countries. Specifically, geopolitical riskier areas, such as the Middle East and Africa, have the lowest trade stability. The survival curves also demonstrate clear heterogeneity among different types of energy. Climate risks, including both physical and transitional risks, are found to have sig-nificant effects on energy trade stability. Finally, several policy options are proposed to improve energy trade stability in China, paying special attention to the increasing globe climate risks.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available