IDEAS home Printed from https://ideas.repec.org/p/ver/wpaper/12-2013.html
   My bibliography  Save this paper

Countervailing inequality effects of globalization and renewable energy generation in Argentina

Author

Listed:
  • Andrea Vaona

    () (Department of Economics (University of Verona))

Abstract

The present paper assesses the impacts of renewable energy generation and globalization on income inequality in Argentina. We make use of vector autoregression models. We find that globalization and hydroelectric power increase inequality, while the opposite holds true for other renewable energy sources. Several robustness checks are considered. Policy implications are discussed keeping into account the specific Argentinean context.

Suggested Citation

  • Andrea Vaona, 2013. "Countervailing inequality effects of globalization and renewable energy generation in Argentina," Working Papers 12/2013, University of Verona, Department of Economics.
  • Handle: RePEc:ver:wpaper:12/2013
    as

    Download full text from publisher

    File URL: http://dse.univr.it/home/workingpapers/wp2013n12.pdf
    File Function: First version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Payne, James E., 2009. "On the dynamics of energy consumption and output in the US," Applied Energy, Elsevier, vol. 86(4), pages 575-577, April.
    2. Haselip, James & Potter, Clive, 2010. "Post-neoliberal electricity market 're-reforms' in Argentina: Diverging from market prescriptions?," Energy Policy, Elsevier, vol. 38(2), pages 1168-1176, February.
    3. Feenstra, Robert C & Hanson, Gordon H, 1996. "Globalization, Outsourcing, and Wage Inequality," American Economic Review, American Economic Association, vol. 86(2), pages 240-245, May.
    4. Andrews, Donald W K & Chen, Hong-Yuan, 1994. "Approximately Median-Unbiased Estimation of Autoregressive Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 12(2), pages 187-204, April.
    5. Kwiatkowski, Denis & Phillips, Peter C. B. & Schmidt, Peter & Shin, Yongcheol, 1992. "Testing the null hypothesis of stationarity against the alternative of a unit root : How sure are we that economic time series have a unit root?," Journal of Econometrics, Elsevier, vol. 54(1-3), pages 159-178.
    6. Yoshinori Kurokawa, 2011. "Variety-skill complementarity: a simple resolution of the trade-wage inequality anomaly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(2), pages 297-325, February.
    7. Fatih Birol, 2007. "Energy Economics: A Place for Energy Poverty in the Agenda?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 1-6.
    8. Lee, Chien-Chiang, 2005. "Energy consumption and GDP in developing countries: A cointegrated panel analysis," Energy Economics, Elsevier, vol. 27(3), pages 415-427, May.
    9. repec:dau:papers:123456789/14381 is not listed on IDEAS
    10. Frey, Gary W. & Linke, Deborah M., 2002. "Hydropower as a renewable and sustainable energy resource meeting global energy challenges in a reasonable way," Energy Policy, Elsevier, vol. 30(14), pages 1261-1265, November.
    11. James R. Brown & Steven M. Fazzari & Bruce C. Petersen, 2009. "Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom," Journal of Finance, American Finance Association, vol. 64(1), pages 151-185, February.
    12. Nathalie Chusseau & Michel Dumont & Joël Hellier, 2008. "Explaining Rising Inequality: Skill-Biased Technical Change And North-South Trade ," Journal of Economic Surveys, Wiley Blackwell, vol. 22(3), pages 409-457, July.
    13. Pollitt, Michael, 2008. "Electricity reform in Argentina: Lessons for developing countries," Energy Economics, Elsevier, vol. 30(4), pages 1536-1567, July.
    14. Bernd Hayo & Matthias Neuenkirch, 2013. "Does the currency board matter? US news and Argentine financial market reaction," Applied Economics, Taylor & Francis Journals, vol. 45(28), pages 4034-4040, October.
    15. Fanelli, José María, 2002. "Growth, instability and the convertibility crisis in Argentina," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    16. Stephan B. Bruns, Christian Gross and David I. Stern, 2014. "Is There Really Granger Causality Between Energy Use and Output?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    17. Payne, James E., 2010. "A survey of the electricity consumption-growth literature," Applied Energy, Elsevier, vol. 87(3), pages 723-731, March.
    18. Sokona, Youba & Mulugetta, Yacob & Gujba, Haruna, 2012. "Widening energy access in Africa: Towards energy transition," Energy Policy, Elsevier, vol. 47(S1), pages 3-10.
    19. Yoo, S.-H., 2006. "The causal relationship between electricity consumption and economic growth in the ASEAN countries," Energy Policy, Elsevier, vol. 34(18), pages 3573-3582, December.
    20. Andrews, Donald W K, 1993. "Exactly Median-Unbiased Estimation of First Order Autoregressive/Unit Root Models," Econometrica, Econometric Society, vol. 61(1), pages 139-165, January.
    21. Yoshinori Kurokawa, 2014. "A Survey Of Trade And Wage Inequality: Anomalies, Resolutions And New Trends," Journal of Economic Surveys, Wiley Blackwell, vol. 28(1), pages 169-193, February.
    22. James E. Payne, 2010. "Survey of the international evidence on the causal relationship between energy consumption and growth," Journal of Economic Studies, Emerald Group Publishing, vol. 37(1), pages 53-95, January.
    23. Herrera, Germán & Tavosnanka, Andrés, 2011. "Argentine industry in the early twenty-first century (2003-2008)," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    24. Bandyopadhyay, Sushenjit & Shyamsundar, Priya & Baccini, Alessandro, 2011. "Forests, biomass use and poverty in Malawi," Ecological Economics, Elsevier, vol. 70(12), pages 2461-2471.
    25. Apergis, Nicholas & Payne, James E., 2011. "The renewable energy consumption-growth nexus in Central America," Applied Energy, Elsevier, vol. 88(1), pages 343-347, January.
    26. Lee, Chien-Chiang, 2006. "The causality relationship between energy consumption and GDP in G-11 countries revisited," Energy Policy, Elsevier, vol. 34(9), pages 1086-1093, June.
    27. Mathews, John A. & Goldsztein, Hugo, 2009. "Capturing latecomer advantages in the adoption of biofuels: The case of Argentina," Energy Policy, Elsevier, vol. 37(1), pages 326-337, January.
    28. Thorsten Beck & Asli Demirgüç-Kunt & Ross Levine, 2007. "Finance, inequality and the poor," Journal of Economic Growth, Springer, vol. 12(1), pages 27-49, March.
    29. Koch, Frans H., 2002. "Hydropower--the politics of water and energy: Introduction and overview," Energy Policy, Elsevier, vol. 30(14), pages 1207-1213, November.
    30. García-López, Gustavo A. & Arizpe, Nancy, 2010. "Participatory processes in the soy conflicts in Paraguay and Argentina," Ecological Economics, Elsevier, vol. 70(2), pages 196-206, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Argentina; VAR; energy sources; inequality; globalization;

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ver:wpaper:12/2013. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael Reiter). General contact details of provider: http://edirc.repec.org/data/isverit.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.