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Relación de largo plazo entre Consumo de Energía y PIB en América Latina: Una evaluación empírica con datos panel

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  • Carlos Alberto Barreto Nieto

    ()

  • Jacobo Campo Robledo

    ()

Abstract

Resumen El objetivo principal de esta investigación es evaluar la relación de largo plazo entre el consumo de energía y el PIB para algunos países de América Latina en el periodo 1980 - 2009. La estimación se realiza con la metodología de datos panel no estacionarios, usando como forma de especificación una función de producción, con el objeto de controlar otras fuentes de variación del PIB como trabajo y capital. Con este propósito, se utilizan pruebas de raíz unitaria para identificar la no estacionariedad de las variables y la prueba de cointegración en panel de Pedroni (2004) para evitar una regresión espuria (Entorf (1997) y Kao (1999))._________Abstract The main objetive of this research is to evaluate the long term relationship between energy consumption and GDP for Latin America Countries over the period 1980 - 2009. The estimation is through non stationary panel approach, using a function production specification in order to control for other sources of variation of GDP, such as capital and labor. For this purpose, a panel unit root tests are used in order to identify the non-stationarity of these variables, followed by the application of panel cointegration test proposed by Pedroni (2004) to avoid a spurious regression (Entorf (1997) and Kao (1999)).

Suggested Citation

  • Carlos Alberto Barreto Nieto & Jacobo Campo Robledo, 2012. "Relación de largo plazo entre Consumo de Energía y PIB en América Latina: Una evaluación empírica con datos panel," DOCUMENTOS DE TRABAJO UCATOLICA 010251, UNIVERSIDAD CATOLICA DE COLOMBIA.
  • Handle: RePEc:col:000444:010251
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    References listed on IDEAS

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    Keywords

    Consumo de Energía; Crecimiento Económico; Función de producción; Panel. Energy consumption; Economic Growth; Production function; Panel.;

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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