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Energy transition as a major solution for climate change is debated among economists worldwide. This research contributes to the existing literature by investigating the impact of energy transition progress on power consumption in Asian countries. The models’ estimations are carried out by the system generalized method of moments (GMM) panel estimator for 35 Asian countries throughout 2000-2019. The major findings confirm that energy transition (migration from fossil fuels to renewable energy sources) positively impacts the electricity consumption of high- and upper-middle-income Asian countries. Furthermore, our results highlight that the sensitivity of electricity consumption in middle- and lower-middle-income Asian countries to inflation, electricity pricing, and population growth is higher than in high- and upper-middle-income Asian countries. The conclusion is that the electricity-energy transition nexus is highly sensitive to countries’ income levels and macroeconomic stability. This implies that Asian countries with different income levels need to first improve economic sustainability and resilience, followed by fossil fuel-to-green energy switch policies and technological efficiency in the power generation sector.
Farhad Taghizadeh-Hesary; Ehsan Rasoulinezhad; Muhammad Shahbaz; Xuan Vinh Vo. How energy transition and power consumption are related in Asian economies with different income levels? Energy 2021, 237, 121595 .
AMA StyleFarhad Taghizadeh-Hesary, Ehsan Rasoulinezhad, Muhammad Shahbaz, Xuan Vinh Vo. How energy transition and power consumption are related in Asian economies with different income levels? Energy. 2021; 237 ():121595.
Chicago/Turabian StyleFarhad Taghizadeh-Hesary; Ehsan Rasoulinezhad; Muhammad Shahbaz; Xuan Vinh Vo. 2021. "How energy transition and power consumption are related in Asian economies with different income levels?" Energy 237, no. : 121595.
Purpose One of the major negative effects of the Coronavirus outbreak worldwide has been reduced investment in green energy projects and energy efficiency. The main purpose of this paper is to study the role of green bond proposed by the World Bank in 2008, as a reliable instrument to enhance the capital flow in energy efficiency financing and to develop green energy resources during and post the current challenging global time. Design/methodology/approach We model energy efficiency for 37 members of OECD through a panel data framework and quarterly data over 2007Q1–2020Q4. Findings The major results reveal the positive impacts of issued green bonds and regulatory quality index on energy efficiency, while any increase in inflation rate and urbanization decelerates the progress of raising energy efficiency. Practical implications As highlighted concluding remarks and policy implications, it can be expressed that the tool of green bond is a potential policy to drive-up energy efficiency financing and enhancing environmental quality during and post-COVID period. It is recommended to follow green bond policy with an efficient regulation framework and urbanization saving energy planning. Originality/value To the best of the authors' knowledge, although a few scholars have investigated the impacts of COVID-19 on green financing or examined the energy efficiency financing, the matter of modeling energy efficiency–green bond relationship has not been addressed by any academic study. The contributions of this paper to the existing literature are: (1) it is the first academic study to discover the relationship between energy efficiency and green bond in OECD countries, (2) since our empirical part provides estimation results based on quarterly data covering the year of 2019 and 2020, it may offer some new policy implications to enhance energy efficiency financing in and post-COVID period, (3) furthermore, we consider energy efficiency indicator (mix of industrial, residential, services and transport energy efficiency) as the dependent variable instead of using the simple energy intensity variable as a proxy for energy efficiency.
Chuc Anh Tu; Ehsan Rasoulinezhad. Energy efficiency financing and the role of green bond: policies for post-Covid period. China Finance Review International 2021, ahead-of-p, 1 .
AMA StyleChuc Anh Tu, Ehsan Rasoulinezhad. Energy efficiency financing and the role of green bond: policies for post-Covid period. China Finance Review International. 2021; ahead-of-p (ahead-of-p):1.
Chicago/Turabian StyleChuc Anh Tu; Ehsan Rasoulinezhad. 2021. "Energy efficiency financing and the role of green bond: policies for post-Covid period." China Finance Review International ahead-of-p, no. ahead-of-p: 1.
This chapter seeks to find the relationship between poverty and energy transition in the Commonwealth of Independent States (CIS) region using the data from 1992 to 2018. The study is based a panel data of 12 member states of the CIS: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan. The main findings revealed a positive relationship between poverty, income inequality, and energy transition at in-country and panel group levels. Besides, it is found that the relationship of poverty with energy transition is weaker for oil producers such as Russia, Kazakhstan, and Azerbaijan. At the same time, the magnitude of this relationship is more extensive for smaller economies in the CIS region, such as Belarus and Georgia. The causality analysis proved the bi-directional relationship between energy transition, poverty, and income inequality in the CIS region. These results confirm that using expensive energy, especially in smaller economies, will slow economic growth and elevate the poverty ratio. Hence, accessing cheap and clean energy is crucial for alleviating poverty and reaching sustainable and inclusive growth.
Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary. Poverty Reduction and Energy Transition in the Commonwealth of Independent States (CIS). Economics, Law, and Institutions in Asia Pacific 2021, 211 -229.
AMA StyleEhsan Rasoulinezhad, Farhad Taghizadeh-Hesary. Poverty Reduction and Energy Transition in the Commonwealth of Independent States (CIS). Economics, Law, and Institutions in Asia Pacific. 2021; ():211-229.
Chicago/Turabian StyleEhsan Rasoulinezhad; Farhad Taghizadeh-Hesary. 2021. "Poverty Reduction and Energy Transition in the Commonwealth of Independent States (CIS)." Economics, Law, and Institutions in Asia Pacific , no. : 211-229.
Making an agreement between Iran and an integrated countries bloc like Shanghai Cooperation Organization or Eurasian Economic Union to boost energy trade is considered as an efficient factor to improve multilateralism and regionalism of Iranian economy. However, the outbreak of COVID-19 has had caused serious and unprecedented consequences on globalization and regionalization. This research seeks to find out the relationship between COVID19 and regional energy integration for two cases of South Asia and the Eurasian Economic Union (EEU). To estimate the coefficients of variables, the panel data framework based on quarterly data over 2010Q1-2020Q2 is employed. The major results reveal that the COVID19 pandemic is found to be a serious challenge for regional energy integration in these two unions, particularly the integration of larger economies which are more developed and have a higher level of trade liberalization are disturbed by this pandemic. A policy implication based on the conclusions is that Iran may try to make regional energy integration with its neighbors and trading partners. However, to reduce the long-run negative impacts of pandemic, Iran and its energy trade partners should make a plan to determine types and magnitudes of negative impacts of pandemic, regulating monetary and fiscal policies to encounter with the negative influences. To the best of author’s knowledge, despite some earlier researches, there is not any existing literature focusing on how the Corona affects the economic integration. Therefore, this paper tries to fill in this literature gap.
Ehsan Rasoulinezhad. How Has Coronavirus outbreak affected Regional Energy Integration? Lessons and Recommendations for Iran. 2021, 5, 1 .
AMA StyleEhsan Rasoulinezhad. How Has Coronavirus outbreak affected Regional Energy Integration? Lessons and Recommendations for Iran. . 2021; 5 (2):1.
Chicago/Turabian StyleEhsan Rasoulinezhad. 2021. "How Has Coronavirus outbreak affected Regional Energy Integration? Lessons and Recommendations for Iran." 5, no. 2: 1.
Using a panel cointegration model developed based on the data extracted from the World Bank indicators, this study quantified the relationship between carbon emissions, energy consumption, economic growth, and trade openness in sub-Saharan African countries. It discovered from our analysis that there exists a long-run causality association amongst CO2 emissions, energy consumption, economic growth, and trade openness. The study noted the existence of the Environmental Kuznets Curve (EKC) in the panel using the square term for trade openness; it was found to have a negative impact, thus trade in the long run will somewhat decrease the environmental pollution in this region. The study results imply that there should be stringent policies and rigorous enforcement in sub-Saharan African to ensure sustainable growth without associative environmental issues.
Huaping Sun; Love Enna; Augustine Monney; Dang Khoa Tran; Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary. The Long-Run Effects of Trade Openness on Carbon Emissions in Sub-Saharan African Countries. Energies 2020, 13, 5295 .
AMA StyleHuaping Sun, Love Enna, Augustine Monney, Dang Khoa Tran, Ehsan Rasoulinezhad, Farhad Taghizadeh-Hesary. The Long-Run Effects of Trade Openness on Carbon Emissions in Sub-Saharan African Countries. Energies. 2020; 13 (20):5295.
Chicago/Turabian StyleHuaping Sun; Love Enna; Augustine Monney; Dang Khoa Tran; Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary. 2020. "The Long-Run Effects of Trade Openness on Carbon Emissions in Sub-Saharan African Countries." Energies 13, no. 20: 5295.
The article discusses the features of foreign direct investment (FDI) in Iran and Russia from 2000 to 2018. The research methodology used in the article is focused on two main methods: theoretical and correlation analysis (using the Pearson correlation coefficient test). This test analyzes the relationship between foreign direct investment in the above countries and some macroeconomic variables. The results of the study show that economic structures and the influx of foreign direct investment in Iran and Russia are affected by Western economic sanctions, geopolitical risks and lower world oil prices. In addition, despite similar approaches to the absorption of foreign direct investment in Iran and Russia, the relationships between this indicator and macroeconomic variables (gross domestic product, inflation, employment in industry, services and agriculture, export volume and exchange rate) in these two countries differ significantly in the analyzed period (from 2000 to 2018). As a result of the analysis, it has been concluded that various factors, such as the size of the economy and the level of economic ties with developed economies, make the result of strategies and approaches to them different for these two countries.
Ehsan Rasoulinezhad; Parisa Sabri. Features and Factors of Developing the Volume of Foreign Direct Investment in Iran and in Russia. Vestnik Volgogradskogo gosudarstvennogo universiteta. Ekonomika 2020, 213 -219.
AMA StyleEhsan Rasoulinezhad, Parisa Sabri. Features and Factors of Developing the Volume of Foreign Direct Investment in Iran and in Russia. Vestnik Volgogradskogo gosudarstvennogo universiteta. Ekonomika. 2020; (2):213-219.
Chicago/Turabian StyleEhsan Rasoulinezhad; Parisa Sabri. 2020. "Features and Factors of Developing the Volume of Foreign Direct Investment in Iran and in Russia." Vestnik Volgogradskogo gosudarstvennogo universiteta. Ekonomika , no. 2: 213-219.
Energy transition as the issue of striving to use more environmentally friendly energy sources instead of fossil fuels is a crucial debate for scholars. A key point is how macroeconomic variables can accelerate the energy transition movement in different regions, which may lead to similarities in energy transition patterns among various regions. The main purpose of this study is to determine how energy transition patterns depend on economic variables in Asian economies, classifying based on their income level. To this end, we collected the related variables for 45 economies in Asia over the period 1993–2018 and conducted estimation using the generalized method of moments (GMM) approach. The major results revealed that economic growth has a positive relationship with the energy transition, while CO2 emissions negatively influence energy transition. Furthermore, in both sub-sample groups (i.e., high and upper-middle-income and low and lower-middle-income groups) an increase in population lows the energy transition process. As an important recommendation, Asian economies with different income levels need different policies to improve and accelerate the energy transition movements. Especially in the developing and emerging economies that have higher economic growth rate and more energy demand, the governments need to implement various supportive policies for easing the access to electricity from green resources in line with the sustainable development goals (SDGs). This is more essential in the current low oil price era.
Farhad Taghizadeh-Hesary; Ehsan Rasoulinezhad. Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels. Frontiers in Energy Research 2020, 8, 1 .
AMA StyleFarhad Taghizadeh-Hesary, Ehsan Rasoulinezhad. Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels. Frontiers in Energy Research. 2020; 8 ():1.
Chicago/Turabian StyleFarhad Taghizadeh-Hesary; Ehsan Rasoulinezhad. 2020. "Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels." Frontiers in Energy Research 8, no. : 1.
Expansion of green bond markets as an appropriate way to lower environmental pollution is one of the most debatable issues among scholars. However, the expansion of this market is not a simple matter and depends on several factors. The main purpose of this study is to carry out a multi-dimensional analysis using the analytic hierarchy process (AHP) method to find and prioritize factors influencing the development of green bond markets. As a case, we do our analysis for Vietnam that, since the last years, has been trying to expand green bond market as an effective investment channel to finance low-carbon projects. The main findings revealed that legal infrastructure, official interest rate of green bonds, and economic stability are the most important factors directly affecting green bond market expansion. Therefore, economic and legal requirements should be addressed by policy makers. As major policy implications, we recommend an affordable price of green bonds and improvement of economic and financial stability to accelerate the development of green bond markets.
Chuc Anh Tu; Tapan Sarker; Ehsan Rasoulinezhad. Factors Influencing the Green Bond Market Expansion: Evidence from a Multi-Dimensional Analysis. Journal of Risk and Financial Management 2020, 13, 1 .
AMA StyleChuc Anh Tu, Tapan Sarker, Ehsan Rasoulinezhad. Factors Influencing the Green Bond Market Expansion: Evidence from a Multi-Dimensional Analysis. Journal of Risk and Financial Management. 2020; 13 (6):1.
Chicago/Turabian StyleChuc Anh Tu; Tapan Sarker; Ehsan Rasoulinezhad. 2020. "Factors Influencing the Green Bond Market Expansion: Evidence from a Multi-Dimensional Analysis." Journal of Risk and Financial Management 13, no. 6: 1.
It is widely discussed that GDP growth has a vague impact on environmental pollution due to carbon dioxide emissions from fossil fuels consumed in production, transportation, and power generation. The main purpose of this study is to investigate the relationships between economic growth, fossil fuel consumption, mortality (from cardiovascular disease (CVD), diabetes mellitus (DM), cancer, and chronic respiratory disease (CRD), and environmental pollution since environmental pollution can be a reason for societal mortality rate increases. This study uses the generalized method of moments (GMM) estimation technique for the Commonwealth of Independent States (CIS) members for the period from 1993–2018. The major results revealed that the highest variability of mortality could be explained by CO2 variability. Regarding fossil fuel consumption, the estimation proved that this variable positively affects mortality from CVD, DM, cancer, and CRD. Additionally, any improvements in the human development index (HDI) have a negative effect on mortality increases from CVD, DM, cancer, and CRD in the CIS region. It is recommended that the CIS members implement different policies to improve energy transitions, indicating movement from fossil fuel energy sources to renewable sources. Moreover, we recommend the CIS members enhance various policies for easy access to electricity from green sources and increase the renewable supply through improved technologies, sustainable economic growth, and increase the use of green sources in daily social life.
Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary. How Is Mortality Affected by Fossil Fuel Consumption, CO2 Emissions and Economic Factors in CIS Region? Energies 2020, 13, 2255 .
AMA StyleEhsan Rasoulinezhad, Farhad Taghizadeh-Hesary. How Is Mortality Affected by Fossil Fuel Consumption, CO2 Emissions and Economic Factors in CIS Region? Energies. 2020; 13 (9):2255.
Chicago/Turabian StyleEhsan Rasoulinezhad; Farhad Taghizadeh-Hesary. 2020. "How Is Mortality Affected by Fossil Fuel Consumption, CO2 Emissions and Economic Factors in CIS Region?" Energies 13, no. 9: 2255.
One of the current debatable global problems is climate change or global warming as crucial geopolitical risks. The progress of energy transition by considering geopolitical risk has not been considered seriously yet. This paper contributes to the literature by modeling and analyzing energy transition patterns in Russia with emphasis on geopolitical risks factor as a giant fossil fuels producer using the ARDL bounds testing method over the period of 1993–2018. The main results proved long-run negative impact of economic growth, population growth and inflation rate on energy transition of Russia, while CO2 emissions, geopolitical risk, exchange rate and financial openness have positive impacts on energy transition movement in the country. Furthermore, we found out that in the short-run, the relationship between energy transition improvement and economic growth, CO2 emissions, population growth and inflation rate is negative, while geopolitical risk, exchange rate and financial openness are the only variables which accelerate energy transition in the country. As major concluding remarks, Russia’s policy makers should draw attention to the long-run energy plans in the country. Furthermore, lowering dependency of Federals’ budget to the oil and gas revenues would be a useful policy to reduce negative impact of economic growth on energy transition movement in the country. Another recommendation is to determine rapid decarbonizing policies in the country.
Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary; Jinsok Sung; Nisit Panthamit. Geopolitical Risk and Energy Transition in Russia: Evidence from ARDL Bounds Testing Method. Sustainability 2020, 12, 2689 .
AMA StyleEhsan Rasoulinezhad, Farhad Taghizadeh-Hesary, Jinsok Sung, Nisit Panthamit. Geopolitical Risk and Energy Transition in Russia: Evidence from ARDL Bounds Testing Method. Sustainability. 2020; 12 (7):2689.
Chicago/Turabian StyleEhsan Rasoulinezhad; Farhad Taghizadeh-Hesary; Jinsok Sung; Nisit Panthamit. 2020. "Geopolitical Risk and Energy Transition in Russia: Evidence from ARDL Bounds Testing Method." Sustainability 12, no. 7: 2689.
Ehsan Rasoulinezhad. Energy Trade and Economic Integration between the Commonwealth Independent States and China. Journal of Economic Integration 2020, 35, 172 -190.
AMA StyleEhsan Rasoulinezhad. Energy Trade and Economic Integration between the Commonwealth Independent States and China. Journal of Economic Integration. 2020; 35 (1):172-190.
Chicago/Turabian StyleEhsan Rasoulinezhad. 2020. "Energy Trade and Economic Integration between the Commonwealth Independent States and China." Journal of Economic Integration 35, no. 1: 172-190.
Green bonds are an important financial tool for funding environmental projects through a low-carbon financing approach. This study aims to investigate various solutions for the development of the green bond market in Vietnam, which the country is currently trying to establish as an effective investment channel to finance low-carbon projects. The study's major results revealed that the presence of an efficient legal framework for green bond operations, monetary policies of the State Bank of Vietnam, and the official interest rate of green bonds are important accelerators the country can utilize to strengthen its green bond market.
Chuc Anh Tu; Ehsan Rasoulinezhad; Tapan Sarker. Investigating solutions for the development of a green bond market: Evidence from analytic hierarchy process. Finance Research Letters 2020, 34, 101457 .
AMA StyleChuc Anh Tu, Ehsan Rasoulinezhad, Tapan Sarker. Investigating solutions for the development of a green bond market: Evidence from analytic hierarchy process. Finance Research Letters. 2020; 34 ():101457.
Chicago/Turabian StyleChuc Anh Tu; Ehsan Rasoulinezhad; Tapan Sarker. 2020. "Investigating solutions for the development of a green bond market: Evidence from analytic hierarchy process." Finance Research Letters 34, no. : 101457.
The new coronavirus outbreak has created a serious problem for the economies of Iran and Russia, which are experiencing sanctions and low oil prices. In this article, the author tries to explain the impact of the new coronavirus outbreak on the economies and politics of Iran and Russia. The major results show that the three challenges associated with sanctions, the shock of global oil prices, and the new coronavirus outbreak can lead to different scenarios for the future of Iran and Russia. Eight different scenarios (slow economic growth, economic prosperity, weak recession, economic recovery, medium recession, economic stagnation, strong recession, and economic transformation) are identified and explained by combinations of these three issues. Regarding the current low oil prices (due to the pandemic and the Saudi price war), Western sanctions against Iran and Russia, and also uncertainty about the end of the coronavirus, scenario No. 8 (economic transformation) will be the most likely situation for the economies of Russia and Iran. As the results of this scenario, the digitalization of the economies in these two countries will be improved, and the role of governments in economic mechanisms will be higher than before the coronavirus outbreak. In addition, regionalization and Asianization will be accelerated to reduce the effect of sanctions.
Ehsan Rasoulinezhad. TRANSFORMATION OF THE ECONOMIES OF IRAN AND RUSSIA UNDER THE NEW CORONAVIRUS OUTBREAK. Vestnik Tomskogo gosudarstvennogo universiteta. Ekonomika 2020, 232 -241.
AMA StyleEhsan Rasoulinezhad. TRANSFORMATION OF THE ECONOMIES OF IRAN AND RUSSIA UNDER THE NEW CORONAVIRUS OUTBREAK. Vestnik Tomskogo gosudarstvennogo universiteta. Ekonomika. 2020; (51):232-241.
Chicago/Turabian StyleEhsan Rasoulinezhad. 2020. "TRANSFORMATION OF THE ECONOMIES OF IRAN AND RUSSIA UNDER THE NEW CORONAVIRUS OUTBREAK." Vestnik Tomskogo gosudarstvennogo universiteta. Ekonomika , no. 51: 232-241.
The two main current economic problems in Russia and Iran are Western sanctions and oil price spikes. On the one hand, the West introduced economic sanctions against these two countries, which affected the national economy of these two countries. On the other hand, since Iran and Russia are heavily dependent on revenues from oil exports, any sharp changes in world oil prices significantly affect the budgets of these two countries. Despite the implementation of the various strategies of the two countries against sanctions and the collision with oil price shocks, their economies are sensitive to these two hyper problems. The main goal of this work is to study probable scenarios for the future economies of Iran and Russia under the conditions of Western sanctions and oil price fluctuations. Our article shows that for the future economies of Iran and Russia there are four economic scenarios in the form of transformation of the economic structure, rapid economic growth, economic stagnation and economic crisis. In the first scenario, there is an increase in sanctions by the West and its allies against the economies of Iran and Russia, and on the other hand, the price of oil is increasing. This scenario is the most possible future for the economies of Russia and Iran. The second possible scenario for the future economies of Russia and Iran is the rapid economic development and economic growth that will arise as a result of a decrease in political tension with the West, which ended with the lifting of economic sanctions and rising world oil prices. The third option that can be foreseen for the future economies of Russia and Iran is economic stagnation, which will occur if the sanctions of the West and its allies are reduced and world oil prices are reduced again. The fourth possible scenario for the economies of Iran and Russia is an economic crisis. Such a scenario appears when the conflict with the West increases and global oil prices fall, resulting in a large-scale decline and as a result of the economic crisis for the future economies of Iran and Russia. By the way, these two economies must adapt to such unpredictable economic events. They can accelerate import substitution, multilateralism in the Eurasian region, and so on.
Ehsan Rasoulinezhad; Parisa Sabri. Future economic scenarios of Iran and Russia under sanctions and oil price shocks. RUDN Journal of Economics 2019, 27, 479 -491.
AMA StyleEhsan Rasoulinezhad, Parisa Sabri. Future economic scenarios of Iran and Russia under sanctions and oil price shocks. RUDN Journal of Economics. 2019; 27 (3):479-491.
Chicago/Turabian StyleEhsan Rasoulinezhad; Parisa Sabri. 2019. "Future economic scenarios of Iran and Russia under sanctions and oil price shocks." RUDN Journal of Economics 27, no. 3: 479-491.
This study is an empirical attempt to revisit energy insecurity in Vietnam by focusing on the role of the official exchange rate. To this end, we gathered data of the related variables based on the 4A’s theory for energy security over the period 1985–2017, and conducted estimation using GMM estimator. The major results proved that economic growth has a positive impact on official exchange rate. CO2 emissions have negative coefficient which means negative relationship between this variable and the Vietnam’s official exchange rate, while inflation rate has a negative sign suggesting that by increase in price level of commodities in Vietnam’s economy, the domestic product will be more expensive than that before which accelerates commodities import flows that leads to depreciation of Vietnam’s national currency. In addition, we found out that energy intensity has a negative relationship with official exchange rate in Vietnam. Moreover, the results revealed that a 1% increase in gas import has a negative linkage with the Vietnam’s official exchange rate. According to the results, we recommend that Vietnam needs to diversify its gas imports, strengthen local energy production, increasing energy efficiency to have a stronger national currency against U.S. dollar which ensures energy security in this country.
Tu Chuc Anh; Ehsan Rasoulinezhad; Thanh Ngo Chi; Huyen Le Hoang Ba; Hanh Hoang Thanh. MODELING ENERGY SECURITY–EXCHANGE RATE LINKAGE: EVIDENCE OF GMM APPROACH. The Singapore Economic Review 2019, 66, 529 -544.
AMA StyleTu Chuc Anh, Ehsan Rasoulinezhad, Thanh Ngo Chi, Huyen Le Hoang Ba, Hanh Hoang Thanh. MODELING ENERGY SECURITY–EXCHANGE RATE LINKAGE: EVIDENCE OF GMM APPROACH. The Singapore Economic Review. 2019; 66 (02):529-544.
Chicago/Turabian StyleTu Chuc Anh; Ehsan Rasoulinezhad; Thanh Ngo Chi; Huyen Le Hoang Ba; Hanh Hoang Thanh. 2019. "MODELING ENERGY SECURITY–EXCHANGE RATE LINKAGE: EVIDENCE OF GMM APPROACH." The Singapore Economic Review 66, no. 02: 529-544.
A common struggle across energy efficiency programs is the creation of sustainable private sector markets that reduce demand. The purpose of this study is to outline best practices for smart public programs that overcome the main energy efficiency challenges and leverage the private finance needed for deployment at scale. Our concluded program is based on an assessment of 10 case studies, interviews, and evaluations of past programs. The results revealed that policy frameworks should strengthen investment business cases with the right economic and regulatory drivers. Furthermore, more resources should support technical assistance. Activities such as awareness raising, pipeline generation, and de-risking are essential to create sufficient demand and commitment. In addition, upskilling, equipping, and accrediting suppliers and technical advisors is critical to create a sustainable, scalable, and bankable pipeline.
Simon Retallack; Andrew Johnson; Joshua Brunert; Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary. Energy Efficiency Finance Program. Handbook of Green Finance 2019, 291 -314.
AMA StyleSimon Retallack, Andrew Johnson, Joshua Brunert, Ehsan Rasoulinezhad, Farhad Taghizadeh-Hesary. Energy Efficiency Finance Program. Handbook of Green Finance. 2019; ():291-314.
Chicago/Turabian StyleSimon Retallack; Andrew Johnson; Joshua Brunert; Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary. 2019. "Energy Efficiency Finance Program." Handbook of Green Finance , no. : 291-314.
This paper represents a new proposed trade model of "Intercountries Trade Force (ITF)" which is inspired by Intermolecular Interaction Forces in chemical sciences, and has potential to compensate for the deficiencies of the gravity trade model proposed by Jan Tinbergen in 1962. The main differences between our new model and the earlier gravity trade theory are (i) there is a time-variant variable called the gravity index (GI) which means that the earlier gravity theory was treated as only a variable in our new proposed model and (ii) our new proposed trade model has a higher chance of adoption in the real trade world rather than the earlier gravity trade model which always needs to be expanded by scholars. In order to empirically test our new proposed trade model, we applied it in an empirical econometric model to analyze the Russian gas export to the EU member states, not explored earlier. Results revealed that our new trade proposed model adjusts with the empirical energy trade pattern.
Ehsan Rasoulinezhad; Farkhondeh Jabalameli. Russia-EU gas game analysis: evidence from a new proposed trade model. Environmental Science and Pollution Research 2019, 26, 24482 -24488.
AMA StyleEhsan Rasoulinezhad, Farkhondeh Jabalameli. Russia-EU gas game analysis: evidence from a new proposed trade model. Environmental Science and Pollution Research. 2019; 26 (24):24482-24488.
Chicago/Turabian StyleEhsan Rasoulinezhad; Farkhondeh Jabalameli. 2019. "Russia-EU gas game analysis: evidence from a new proposed trade model." Environmental Science and Pollution Research 26, no. 24: 24482-24488.
The issue of energy trade is crucial for both the Commonwealth of independent States (CIS) region as a top energy exporter and for China as the top energy importer in the world. This study tries to investigate and analyze energy trade patterns running from the CIS to China by applying the panel-gravity trade equation over the period from 2001–2017. The major results revealed that the gravity theory fits the data well. In addition, the findings of this study suggested that the estimated coefficients across all three panel estimators (fixed effect, random effect, and FMOLS) are very similar. Further, the empirical results demonstrated that an increase in GDP and income accelerates the Chinese energy imports from the CIS. Our findings supported the H-O theory, where the difference in income showed a positive influence on the China -CIS energy trade volume. I also discovered the positive impact of the openness level. However, the results indicated that the trade-distance nexus is negative for energy export volume running from the CIS to China.
Ehsan Rasoulinezhad. Analyzing Energy Export Patterns from the Commonwealth of Independent States to China: New Evidence from Gravity Trade Theory. The Chinese Economy 2019, 52, 279 -294.
AMA StyleEhsan Rasoulinezhad. Analyzing Energy Export Patterns from the Commonwealth of Independent States to China: New Evidence from Gravity Trade Theory. The Chinese Economy. 2019; 52 (3):279-294.
Chicago/Turabian StyleEhsan Rasoulinezhad. 2019. "Analyzing Energy Export Patterns from the Commonwealth of Independent States to China: New Evidence from Gravity Trade Theory." The Chinese Economy 52, no. 3: 279-294.
A common struggle across energy efficiency programs is the creation of sustainable private sector markets that reduce demand. The purpose of this study is to outline best practices for smart public programs that overcome the main energy efficiency challenges and leverage the private finance needed for deployment at scale. Our concluded program is based on an assessment of 10 case studies, interviews, and evaluations of past programs. The results revealed that policy frameworks should strengthen investment business cases with the right economic and regulatory drivers. Furthermore, more resources should support technical assistance. Activities such as awareness raising, pipeline generation, and de-risking are essential to create sufficient demand and commitment. In addition, upskilling, equipping, and accrediting suppliers and technical advisors is critical to create a sustainable, scalable, and bankable pipeline.
Simon Retallack; Andrew Johnson; Joshua Brunert; Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary. Energy Efficiency Finance Program. Handbook of Green Finance 2019, 1 -24.
AMA StyleSimon Retallack, Andrew Johnson, Joshua Brunert, Ehsan Rasoulinezhad, Farhad Taghizadeh-Hesary. Energy Efficiency Finance Program. Handbook of Green Finance. 2019; ():1-24.
Chicago/Turabian StyleSimon Retallack; Andrew Johnson; Joshua Brunert; Ehsan Rasoulinezhad; Farhad Taghizadeh-Hesary. 2019. "Energy Efficiency Finance Program." Handbook of Green Finance , no. : 1-24.
This study examines the linkages between energy price and food prices over the period 2000–2016 by using a Panel-VAR model in the case of eight Asian economies. Our results confirm that energy price (oil price) has a significant impact on food prices. According to the results of impulse response functions, agricultural food prices respond positively to any shock from oil prices. Our results show that there is a linkage between energy and food security through price volatility. Since inflation in oil price is harmful for food security, it would be necessary to diversify the energy consumption in this sector, from too much reliance on fossil fuels to an optimal combination of renewable and nonrenewable energy resources that will be in favor of not only the energy security by also the food security. In addition, the paper found that the impact of biofuel prices on food prices is statistically significant but explains less than 2% of the food price variance. However, by increasing the demand for biofuel, there should be more concern about the global increase in agricultural commodities prices and endangering food security, especially in vulnerable economies.
Farhad Taghizadeh-Hesary; Ehsan Rasoulinezhad; Naoyuki Yoshino. Energy and Food Security: Linkages through Price Volatility. Energy Policy 2019, 128, 796 -806.
AMA StyleFarhad Taghizadeh-Hesary, Ehsan Rasoulinezhad, Naoyuki Yoshino. Energy and Food Security: Linkages through Price Volatility. Energy Policy. 2019; 128 ():796-806.
Chicago/Turabian StyleFarhad Taghizadeh-Hesary; Ehsan Rasoulinezhad; Naoyuki Yoshino. 2019. "Energy and Food Security: Linkages through Price Volatility." Energy Policy 128, no. : 796-806.