TY - JOUR AU - Haoyu, Zheng AU - Gerdel, Aymara PY - 2022/02/28 Y2 - 2024/03/28 TI - Influence of the Belt and Road Initiative on the energy trade between China and Latin America JF - Sinología hispánica. China Studies Review JA - Sinología hispánica VL - 13 IS - 2 SE - DO - 10.18002/sin.v13i2.7238 UR - https://revpubli.unileon.es/ojs/index.php/sinologia/article/view/7238 SP - 1-32 AB - Energy is the basis and driving force for the progress of humanity, it is vital for economic<br />development, for people's lives, and for the national security of countries. This research will analyze<br />a set of variables that affect the behavior of Latin American energy exports to the People's Republic<br />of China during the period 2000 -2019 using a log-linear model. The results show that assuming a real<br />growth of China's gross domestic product (GDP) close to 7% per year, Latin American energy exports<br />to China would grow by 4% per year on average. Assuming an average annual increase of 5% in China's<br />energy production, Latin American energy exports to China are estimated to increase by 5.9%. With<br />respect to energy consumption in China, assuming a 7% increase, it is estimated that energy exports<br />from Latin America to China would grow by 8.2%. This model also estimates the elasticity of energy<br />exports according to the behavior of energy prices, China's investment in Latin America and the projects<br />developed by the Asian country in the region. ER -