Predicting energy source diversification in emerging Asia: The role of global supply chain pressure
- Title
- Predicting energy source diversification in emerging Asia: The role of global supply chain pressure
- Creator
- Sun Y.; Pal S.; Mahalik M.K.; Gozgor G.; Lau C.K.M.
- Description
- This study investigates energy diversification trends in six Emerging Asian countries from 1998 to 2021 while exploring the predicting effects of the global supply chain pressure, total investment, innovation, economic growth, and globalisation on energy diversification. This study considers the Kernel-Based Regularized Least Squares (KRLS) estimations and prediction models (Adam and Stochastic Gradient Descent optimisers). The impacts of global supply chain pressure and total investment on energy diversification are positive. Innovation also emerges as crucial factor to enhance energy diversification. Deeper integration into the global economy (globalisation) and economic growth strengthen energy diversification. The study underscores the importance of tailored policies, advocating for investments in innovation, targeted total investment, and inclusive growth strategies to address energy diversification in emerging Asian countries. 2024 Elsevier B.V.
- Source
- Energy Economics, Vol-136
- Date
- 2024-01-01
- Publisher
- Elsevier B.V.
- Subject
- Developing Asian countries; Energy diversification; Global supply chain pressure; Globalisation; Innovation; Total investment
- Coverage
- Sun Y., School of Economics, Tianjin University of Commerce, Tianjin, China; Pal S., School of Business and Management, Christ University (Deemed to be University), Karnataka, Bengaluru, India, Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, West Bengal, West Medinapur, 721302, India; Mahalik M.K., Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, West Bengal, West Medinapur, 721302, India; Gozgor G., School of Management, University of Bradford, Bradford, United Kingdom; Lau C.K.M., Teesside University, International Business School, Middlesbrough, United Kingdom
- Rights
- Restricted Access
- Relation
- ISSN: 1409883; CODEN: EECOD
- Format
- Online
- Language
- English
- Type
- Article
Collection
Citation
Sun Y.; Pal S.; Mahalik M.K.; Gozgor G.; Lau C.K.M., “Predicting energy source diversification in emerging Asia: The role of global supply chain pressure,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 24, 2025, https://archives.christuniversity.in/items/show/12958.