Long-term relationship between energy consumption and GDP in Latin America: an empirical assessment using panel data

The main objetive of this research is to evaluate the long term relationship between energy consumption and GDP for some Latin American countries in the period 1980-2009 -- The estimation has been done through the non-stationary panel approach, using the production function in order to control other sources of GDP variation, such as capital and labor -- In addition to this, a panel unit root tests are used in order to identify the non-stationarity of these variables, followed by the application of panel cointegration test proposed by Pedroni (2004) to avoid a spurious regression (Entorf, 1997; Kao, 1999)

• Autores: Barreto Nieto, Carlos Alberto; Campo Robledo, Jacobo
• Fecha de publicación: 2012
• Institución: Universidad EAFIT
• Repositorio: Repositorio EAFIT
• Idioma: spa
• OAI Identifier: oai:repository.eafit.edu.co:10784/9155
• Acceso en línea: http://hdl.handle.net/10784/9155
• Palabra clave: Datos de panel; CONSUMO DE ENERGÍA ELÉCTRICA; PRODUCTO INTERNO BRUTO; ANÁLISIS DE SERIES DE TIEMPO; CRECIMIENTO ECONÓMICO - AMÉRICA LATINA; Electric power consumption; Gross domestic product; Time-series analysis; Economic growth
• License: Acceso abierto