The energy and gross domestic product causality nexus in Latin America 1900-2010

dc.contributor.authorLeiva, Benjamín
dc.contributor.authorRubio Varas, María del Mar
dc.contributor.departmentInstitute for Advanced Research in Business and Economics - INARBEen
dc.date.accessioned2020-05-29T07:13:44Z
dc.date.available2020-05-29T07:13:44Z
dc.date.issued2020
dc.description.abstractA better understanding of the relationship between energy consumption and economic growth is important for the less developed regions of the world such as Africa or Latin America, which future might be compromised by the imposition of the transition to a lower carbon economy. Studies on the energy-GDP nexus for Latin America have been few and bounded to short periods. We fill this gap by searching for causal paths between energy and GDP for 20 Latin American countries using a newly compiled dataset spanning the 20th century. Our main identification strategy is based on super exogeneity, which we complement with Granger tests, Toda and Yamamoto and enrich by controlling for structural breaks and the False Discovery Rate. The results highlight the inexistence of a homogeneous relation between energy and GDP in highly heterogeneous spatial and temporal dimensions, and thus the need to enhance our theoretical understanding of this relation. The policy implication is that designing and implementing energy policies coming from a single methodological approach and based on aggregated results should be avoided.en
dc.format.extent13 p.
dc.format.mimetypeapplication/pdfen
dc.identifier.doi10.32479/ijeep.8670
dc.identifier.issn2146-4553
dc.identifier.urihttps://academica-e.unavarra.es/handle/2454/37000
dc.language.isoengen
dc.publisherEconJournalsen
dc.relation.ispartofInternational Journal of Energy Economics and Policy, 2020, 10 (1), 423-435en
dc.relation.publisherversionhttps://doi.org/10.32479/ijeep.8670
dc.rightsCreative Commons Attribution 4.0 International Licenseen
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subjectEnergyen
dc.subjectGross domestic producten
dc.subjectCausalityen
dc.titleThe energy and gross domestic product causality nexus in Latin America 1900-2010en
dc.typeinfo:eu-repo/semantics/article
dc.type.versioninfo:eu-repo/semantics/publishedVersion
dspace.entity.typePublication
relation.isAuthorOfPublication22a9454b-1f32-46ee-8adf-0ba52665b8c7
relation.isAuthorOfPublication.latestForDiscovery22a9454b-1f32-46ee-8adf-0ba52665b8c7

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