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Author: Yanrui Wu Publisher: Routledge ISBN: 113468133X Category : Business & Economics Languages : en Pages : 216
Book Description
East Asian nations through the dialogue between ASEAN and its partners have been promoting energy market integration (EMI) for a decade. The formation of the East Asian Summit (EAS) group in 2005 adds new momentum to the EMI course in the region. The objective of this edited volume is to present new insights into the understanding of EMI in East Asia and draw implications for further development. This book is the first publication of its kind exclusively focusing on EMI in East Asia. The chapters are written by a distinguished group of specialists in the field of energy policy, business and economics. The covered topics range from the general debates about EMI to regional policy responses. A variety of qualitative and quantitative methods are employed in this book. For qualitative methods, public goods theory and the comparative study method are two examples. The quantitative methods include economic growth theory, principle component approach, input-output table, computable general equilibrium (CGE) models and econometric techniques. Important policy implications can be drawn from the findings. One clear message is that EMI should be promoted actively but in a gradual, incremental manner. Other policy implications are related to inter-regional governance, infrastructure development and gas market integration. The content has not been published elsewhere and hence makes a unique contribution to the literature. There are also case studies of specific energy sectors such as petroleum and natural gas. Overall this book should be of interest to a wide audience such as academia, business analysts and policy makers.
Author: Yanrui Wu Publisher: Routledge ISBN: 113468133X Category : Business & Economics Languages : en Pages : 216
Book Description
East Asian nations through the dialogue between ASEAN and its partners have been promoting energy market integration (EMI) for a decade. The formation of the East Asian Summit (EAS) group in 2005 adds new momentum to the EMI course in the region. The objective of this edited volume is to present new insights into the understanding of EMI in East Asia and draw implications for further development. This book is the first publication of its kind exclusively focusing on EMI in East Asia. The chapters are written by a distinguished group of specialists in the field of energy policy, business and economics. The covered topics range from the general debates about EMI to regional policy responses. A variety of qualitative and quantitative methods are employed in this book. For qualitative methods, public goods theory and the comparative study method are two examples. The quantitative methods include economic growth theory, principle component approach, input-output table, computable general equilibrium (CGE) models and econometric techniques. Important policy implications can be drawn from the findings. One clear message is that EMI should be promoted actively but in a gradual, incremental manner. Other policy implications are related to inter-regional governance, infrastructure development and gas market integration. The content has not been published elsewhere and hence makes a unique contribution to the literature. There are also case studies of specific energy sectors such as petroleum and natural gas. Overall this book should be of interest to a wide audience such as academia, business analysts and policy makers.
Author: Miaojie Yu Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This paper measures the current energy market integration (EMI) in the East Asia 16 countries including the ASEAN 10 countries, China, Japan, Korea, India, Australia, and New Zealand by using the principal component analysis (PCA) approach. The comprehensive EMI index has four important components: (1) energy trade liberalization; (2) energy infrastructure development; (3) energy market liberalization; and (4) energy pricing liberalization. This is done by the two steps. I first construct the four indicators using the PCA approach, respectively. After the predicted observation for the four indicators are obtained, I once again adopt the PCA method to calculate the EMI index. The scores show that countries like Japan and New Zealand have the highest extents of energy market integration. In contrast, countries like China and Malaysia, and India have lowest scores of EMI. The CLMV countries are located in the between. Such results are robust by different measure or different data adopted.
Author: Yanrui Wu Publisher: ISBN: Category : Electric utilities Languages : en Pages : 28
Book Description
Electricity market reform has been implemented in many countries and regions in the world. There is no doubt that electricity consumption continues to increase in East Asia. Electricity market integration in East Asia is thus an important component of the energy market integration (EMI) initiatives supported by the East Asian Summit (EAS) group. It is argued that an integrated East Asian electricity market would allow consumers to have access to competing suppliers within or beyond the borders and enable electricity providers in member economies to better deal with peak demand and supply security. The objectives of this study are twofold, namely, a) to present a review of the trends in regional electricity market integration and b) to draw implications for electricity market development in the EAS area. Specifically, this project will review the trends of integration in the world’s major electricity markets and analyze the experience and lessons in those markets. It will provide an examination of the electricity sectors in East Asia in terms of market development and connectivity. It will provide policy recommendations for the promotion of electricity market integration.
Author: Taghizadeh-hesary Farhad Publisher: World Scientific ISBN: 9811204225 Category : Political Science Languages : en Pages : 348
Book Description
This book presents a critical review of the status of energy security in Asia and suggests how a country or a region collectively can achieve energy security in two broad aspects. First, it analyzes how regional cooperation and energy trade can enhance energy security in the region. Second, it reviews how energy security can be ensured in national and regional general contexts. From the reviews and analyses, this book asserts that diversification and integration are key to ensuring energy security. It presents policy implications for enhancing energy security, especially in resource-rich as well as resource-poor developing countries in Asia.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292626698 Category : Business & Economics Languages : en Pages : 113
Book Description
As economies become more integrated, development challenges are becoming more transnational. The provision of regional public goods (RPGs) can address such challenges. RPGs can play an important role in sustainable economic development at the national and regional levels by addressing common issues across borders. This report reviews the concept of RPGs along with the challenges and benefits of their provision in Asia and Europe. It presents case studies and a comparative analysis of the arrangements taken toward RPG provision in both regions, offering lessons for Asia.
Author: Nathalie Aminian Publisher: World Bank Publications ISBN: Category : Commercial policy Languages : en Pages : 38
Book Description
Abstract: This paper provides an analysis of the two channels of regional integration: integration via markets and integration via agreements. Given that East Asia and Latin America are two fertile regions where both forms of integrations have taken place, the authors examine the experiences of these two areas. There are four related results. First, East Asia had been integrating via markets long before formal agreements were in vogue in the region. Latin America, by contrast, has primarily used formal regional trade treaties as the main channel of integration. Second, despite the relative lack of formal regional trade treaties until recently, East Asia is more integrated among itself than Latin America. Third, from a purely economic and trade standpoint, the proper sequence of integrations seems to be first integrating via markets and subsequently via formal regional trade agreements. Fourth, regional trade agreements often serve multiple constituents. The reason why integrating via markets first can be helpful is because this can give stronger political bargaining power to the outward-looking economic-oriented forces within the country.
Author: Yanrui Wu
Author: Yanrui Wu
Author: Fukunari Kimura
Author: Fukunari Kimura
Author: Miaojie Yu
Author: Yanrui Wu
Author: Anindya Bhattacharya
Author: Yanrui Wu
Author: Taghizadeh-hesary Farhad
Author: Asian Development Bank
Author: Nathalie Aminian