Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/53344
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dc.contributor.authorGerlagh, Reyeren_US
dc.contributor.authorMathys, Nicole A.en_US
dc.date.accessioned2011-01-19en_US
dc.date.accessioned2011-12-15T11:33:35Z-
dc.date.available2011-12-15T11:33:35Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/53344-
dc.description.abstractWe study the effect of countries' energy abundance on trade and sector activity, conditional on sector's energy intensity, using an unbalanced panel with 14 high-income countries from Europe, America and Asia, 10 broad sectors, and years 1970-1997. We find that (i) countries with large energy endowments have low energy prices, and are thus energy abundant both on micro and macro level. (ii) Energy abundant countries have a high level of energy embodied in exports relative to imports. (iii) Energy intensive sectors export from and (iv) have higher economic activity in energy abundant countries. (v) The trade and location effects increase with a sector's exposure to international trade. In short, energy is a major driver for sector location through specialisation. We show that capital and energy are complements in the production function and use various controls in our analysis. The results give insights into delocalisation effects that may take place among rich countries with heterogeneous energy policy.en_US
dc.language.isoengen_US
dc.publisher|aFondazione Eni Enrico Mattei (FEEM) |cMilanoen_US
dc.relation.ispartofseries|aNota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development |x03.2011en_US
dc.subject.jelQ56en_US
dc.subject.ddc330en_US
dc.subject.keywordTrade and the Environmenten_US
dc.subject.keywordPollution Havenen_US
dc.subject.keywordFactor Endowmentsen_US
dc.subject.keywordIndustry Locationen_US
dc.titleEnergy abundance, trade and industry locationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn644261781en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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