Advancing Sustainable Development Through Exports of Clean Energy Products From Emerging Asian Economies: A Poisson Pseudo Maximum Likelihood Estimation Approach
Goswami A. Jangir R.K. Chattu V.K.
2025John Wiley and Sons Ltd
Sustainable Development
2025
The promotion of clean energy is critical to achieving sustainable development. This study investigates the factors that affect the exports, trade potential, and revealed comparative advantage (RCA) of clean energy products (CEPs) in the emerging Asian economies (EAEs). The export data of the CEPs was collected from UN Comtrade based on six-digit HSN codes and for other variables, the world development indicators database was used for the period 2000–2020. The Augmented Gravity Model and Poisson Pseudo Maximum Likelihood Estimation (PPMLE) were applied for the analysis and the results show that exporting countries economic growth is significantly promoting the exports of CEPs in all countries except Indonesia and Saudi Arabia. Surprisingly, it was found that distance is playing a positive role in export growth in most countries, a sign of a globalized world. However, these economies, especially India and Pakistan should resolve their border disputes and enhance regional cooperation to increase CEPs exports, which will help them achieve sustainable economic growth.
Asia , clean energy products , emerging economies , export potential , gravity model , PPMLE , sustainable development
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Center for Economic Studies and Planning, School of Social Science, Jawaharlal Nehru University, New Delhi, India
ReSTORE Lab, Department of Occupational Science and Occupational Therapy, Temerty Faculty of Medicine, University of Toronto, Toronto, ON, Canada
Central Asian Regional Center for Planetary Health (CARCPH), Semey Medical University, Semey, Kazakhstan
Department of Community Medicine, Faculty of Medicine, Datta Meghe Institute of Medical Sciences (DMIMS), Wardha, India
Center for Economic Studies and Planning
ReSTORE Lab
Central Asian Regional Center for Planetary Health (CARCPH)
Department of Community Medicine
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