Author:
Liu Yichang,Kalirajan Kaliappa
Abstract
<p class="MsoNormal" style="margin-top: 12pt; text-align: justify;"><span lang="EN-US" style="font-family: arial, helvetica, sans-serif;">Objective: The paper, specifically examines whether the recently formed Regional Comprehensive Economic Partnership (RCEP) can potentially facilitate minimising the constraints to renewable energy goods exports at the regional level in Asia. Data, Methodology and Findings: Using the panel data from 11 RCEP members from 2006 to 2014, this study has applied the ‘meta frontier stochastic gravity frontier’ methodology and confirms that the establishment of RCEP has the potential to improve trade in renewable energy commodities within the RCEP region. Policy Implications: The policy implication is that when countries work together, it will lead to enormous benefits for national, regional, and worldwide prospects of a more sustainable energy future. Practical Policy Implications: In terms of practical policy implications, the developed RCEP member countries should actively engage in promoting R&D activities and protecting intellectual property rights concerning renewable energy production, which are essential for countries to integrate with the world market and to lift the export frontiers of both the developed and developing RCEP member countries to reach the unrestricted export of renewable energy technology.</span></p>
Reference24 articles.
1. Aigner, D, Lovell, CAK & Schmidt P. (1977). Formulation and estimation of stochastic frontier production function models. Journal of Econometrics, vol. 6, no. 1, pp. 21-37. https://doi.org/10.1016/0304-4076(77)90052-5
2. Anderson, JE & van Wincoop, E. (2004). Trade costs. Journal of Economic Literature, vol. 42, no. 3, pp. 691-751. https://doi.org/10.1257/0022051042177649.
3. Armstrong, S., Drysdale, P. & Kalirajan, K. (2008). Asian Trade Structures and Trade Potential: An Initial Analysis of South and East Asian Trade. EABER Working Papers 21753, East Asian Bureau of Economic Research, Crawford School of Public Policy, The Australian National University. https://crawford.anu.edu.au/pdf/phd/armstrong/s3p1.pdf
4. Baldwin, RE. (1994). Towards an Integrated Europe. Centre for Economic Policy Research, London. https://www.brookings.edu/books/towards-an-integrated-europe/
5. Battese, GE. & Rao, DSP. (2002). Technology gap, efficiency, and a stochastic metafrontier function. International Journal of Business & Economics, vol. 1, no. 2, pp. 97-93. https://ijbe.fcu.edu.tw/past_issues/NO.1-2/pdf/vol_1-2-1.pdf
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献