GDP and environment pressure: The role of energy in Latin America and the Caribbean |
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Authors: | Mariana Zilio Marina Recalde |
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Affiliation: | Departamento de Economía, Universidad Nacional del Sur, Instituto de Investigaciones Económicas y Sociales del Sur (IIESS) Consejo Nacional de Ciencia y Tecnología (CONICET), Argentina |
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Abstract: | This paper analyzes the relationship between economic growth and energy consumption for a sample of 21 Latin American and Caribbean countries during the 1970–2007 period. The investigation is made on the bases of the Energy Environmental Kuznets Curve (EEKC) hypothesis, using a panel data analysis. Energy consumption at aggregate level is used as an indicator of human environmental pressure and GDP per capita as an indicator of economic activity. Based in a cointegration approach, our results does not support the existence of a stable long run relationship between the series, rejecting the validity of such hypothesis for the selected sample over the 1970–2007 period. |
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Keywords: | Environmental Kuznets Curve (EKC) Energy consumption Developing countries |
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