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http://hdl.handle.net/10174/30495
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| Title: | Measuring the effect of trade liberalisation on the consumption of non-renewable energy sources in Latin America and the Caribbean countries |
| Authors: | KOENGKAN, Matheus
FUINHAS, José
VIEIRA, Isabel |
| Keywords: | Energy economics
Fossil fuels |
| Issue Date: | 2021 |
| Publisher: | , Economics and Business Letters |
| Citation: | KOENGKAN, M., FUINHAS, J. and VIEIRA, I. (2021) Measuring the effect of trade liberalisation on the consumption of non-renewable energy sources in Latin America and the Caribbean countries, Economics and Business Letters, 10 (4) |
| Abstract: | This article investigates the impact of trade openness on the consumption of fossil fuels for a panel of fourteen LAC countries over the period from 1990 to 2014. To this end, a PARDL model in unrestricted error-correction form is estimated. The results of the model regression point indicate that the impact of economic growth and elasticity of trade openness are statistically significant at the 1% level and contribute to increased consumption of fossil fuels in the LAC countries. However, the impact and elasticity of consumption of renewable energy are statistically significant at 1% and 5% levels and thus contribute to decreasing consumption of fossil fuels. |
| URI: | http://hdl.handle.net/10174/30495 |
| Type: | article |
| Appears in Collections: | CEFAGE - Publicações - Artigos em Revistas Internacionais Com Arbitragem Científica
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CEFAGE - Publicações - Artigos em Revistas Internacionais Com Arbitragem Científica /
