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How can Chile move away from a high carbon economy?

Author

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  • Cansino, José M.
  • Sánchez-Braza, Antonio
  • Rodríguez-Arévalo, María L.

Abstract

This paper quantitatively evaluates the performance of Chile's CO2 emissions between 1991 and 2013 using a ‘complete decomposition’ technique to examine emissions and their components. A decomposition analysis based on log-mean divisia index method (LMDI I) was conducted. Six decomposition factors were considered: Carbon Intensity effect (CI), RES penetration effect (RES), Energy Intensity effect (EI), Economy Structure effect (ES), Income effect (Yp) and Population effect (P). To know how these factors could influence each other in the future, the Innovative Accounting Approach (IAA) was used, including forecast error variance decomposition and Impulse Response Functions (IRFs).

Suggested Citation

  • Cansino, José M. & Sánchez-Braza, Antonio & Rodríguez-Arévalo, María L., 2018. "How can Chile move away from a high carbon economy?," Energy Economics, Elsevier, vol. 69(C), pages 350-366.
    • Handle: RePEc:eee:eneeco:v:69:y:2018:i:c:p:350-366
    DOI: 10.1016/j.eneco.2017.12.001
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    Cited by:

    1. Raihan, Asif, 2023. "Toward sustainable and green development in Chile: Dynamic influences of carbon emission reduction variables," Innovation and Green Development, Elsevier, vol. 2(2).
    2. Dervis Kirikkaleli & Hasan Güngör & Tomiwa Sunday Adebayo, 2022. "Consumption‐based carbon emissions, renewable energy consumption, financial development and economic growth in Chile," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1123-1137, March.
    3. Tobechi F. Agbanike & Chinazaekpere Nwani & Uwazie I. Uwazie & Lasbrey I. Anochiwa & Thank-God C. Onoja & Ikwor O. Ogbonnaya, 2019. "Oil price, energy consumption and carbon dioxide (CO2) emissions: insight into sustainability challenges in Venezuela," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 28(1), pages 1-26, December.
    4. Xie, Pinjie & Gong, Ningyu & Sun, Feihu & Li, Pin & Pan, Xianyou, 2023. "What factors contribute to the extent of decoupling economic growth and energy carbon emissions in China?," Energy Policy, Elsevier, vol. 173(C).
    5. Luo, Yulong & Zeng, Weiliang & Wang, Yueqiang & Li, Danzhou & Hu, Xianbiao & Zhang, Hua, 2021. "A hybrid approach for examining the drivers of energy consumption in Shanghai," Renewable and Sustainable Energy Reviews, Elsevier, vol. 151(C).
    6. Changjian Wang & Fei Wang & Gengzhi Huang & Yang Wang & Xinlin Zhang & Yuyao Ye & Xiaojie Lin & Zhongwu Zhang, 2021. "Examining the Dynamics and Determinants of Energy Consumption in China’s Megacity Based on Industrial and Residential Perspectives," Sustainability, MDPI, vol. 13(2), pages 1-21, January.
    7. López-Ochoa, Luis M. & Verichev, Konstantin & Las-Heras-Casas, Jesús & Carpio, Manuel, 2019. "Solar domestic hot water regulation in the Latin American residential sector with the implementation of the Energy Performance of Buildings Directive: The case of Chile," Energy, Elsevier, vol. 188(C).

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    More about this item

    Keywords

    CO2 emissions; Chile; LMDI; Innovative Accounting Approach;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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