Analysis of the Competitiveness, Complementarity, and Trade Combination of Kazakhstan and China in the Oil and Gas Trade

IF 4.7 Q2 MATERIALS SCIENCE, BIOMATERIALS ACS Applied Bio Materials Pub Date : 2024-07-10 DOI:10.3390/economies12070182

Binghan Du, J. Juman, A. Makulova, A.V. Khamzayeva, Xuan Zhai

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Abstract

The oil and gas trade is one of the main ways to promote regional economic development by improving the effectiveness of resource allocation. While regional energy cooperation could lead to growth in the energy trade, blind investment will reduce effective yields. Kazakhstan and China maintain a stable oil and gas trade, but resource exports to China are not growing as expected. The aim of this research is to analyze the competitiveness and complementarity of Kazakhstan and China in the oil and gas trade, as well as the main factors affecting the oil and gas trade between Kazakhstan and China. By creating a linear regression equation to analyze the gravity model of the oil and gas trade between Kazakhstan and China, it was revealed that a 1% growth of the gross domestic product in both countries would lead to a 1.471% increase in the oil and gas trade. However, an increase in oil and gas production in Kazakhstan will not contribute to the expansion of the oil and gas trade with China. Kazakhstan and China could improve their oil and gas trade by strengthening financial cooperation, improving energy efficiency, increasing investment in infrastructure such as oil refineries and pipelines, and developing new oil and gas fields in Kazakhstan.

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哈萨克斯坦和中国在石油天然气贸易中的竞争力、互补性和贸易组合分析

石油和天然气贸易是提高资源配置效率、促进地区经济发展的主要途径之一。地区能源合作可以促进能源贸易增长，但盲目投资会降低有效收益。哈萨克斯坦和中国保持着稳定的石油和天然气贸易，但对中国的资源出口并没有像预期的那样增长。本研究旨在分析哈中两国在石油天然气贸易中的竞争力和互补性，以及影响哈中两国石油天然气贸易的主要因素。通过建立线性回归方程来分析哈萨克斯坦与中国之间石油天然气贸易的引力模型，结果显示，两国国内生产总值每增长 1%，石油天然气贸易就会增长 1.471%。然而，哈萨克斯坦石油和天然气产量的增加并不会促进与中国石油和天然气贸易的扩大。哈萨克斯坦和中国可以通过加强金融合作、提高能源效率、增加对炼油厂和管道等基础设施的投资以及在哈萨克斯坦开发新的油气田来改善两国的油气贸易。

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来源期刊

ACS Applied Bio Materials Chemistry-Chemistry (all)

CiteScore

9.40

自引率

2.10%

发文量

464

期刊介绍： ACS Applied Bio Materials is an interdisciplinary journal publishing original research covering all aspects of biomaterials and biointerfaces including and beyond the traditional biosensing, biomedical and therapeutic applications. The journal is devoted to reports of new and original experimental and theoretical research of an applied nature that integrates knowledge in the areas of materials, engineering, physics, bioscience, and chemistry into important bio applications. The journal is specifically interested in work that addresses the relationship between structure and function and assesses the stability and degradation of materials under relevant environmental and biological conditions.