THE RELATIONSHIP BETWEEN ENERGY CONSUMPTION AND GDP: EVIDENCE FROM A PANEL OF 10 LATIN AMERICAN COUNTRIES

We estimate the elasticity of the long-run relationship between energy consumption and GDP for 10 countries in Latin America from 1971 to 2007. We employ Pedroni's (1999, 2004) panel cointegration test to determine if such a long-run relationship exists. Westerlund's (2006) cointegration t...

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Auteurs principaux: CAMPO,JACOBO, SARMIENTO,VIVIANA
Langue:English
Publié: Pontificia Universidad Católica de Chile. Instituto de Economía. 2013
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Accès en ligne:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000200004
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