Article ID: | iaor201111332 |
Volume: | 39 |
Issue: | 12 |
Start Page Number: | 7941 |
End Page Number: | 7949 |
Publication Date: | Dec 2011 |
Journal: | Energy Policy |
Authors: | Recalde Marina, Zilio Mariana |
Keywords: | energy |
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.