GDP and environment pressure: The role of energy in Latin America and the Caribbean

GDP and environment pressure: The role of energy in Latin America and the Caribbean

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