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- W4312307764 abstract "This chapter inaugurates the study of the energy-economic growth nexus with a new approach to introducing the globalisation index in ten Latin American countries from 1971 to 2014. The panel autoregressive distributed lag (PARDL) and the Granger causality Wald test were used as a methodology. The empirical results pointed to the existence of a bidirectional relationship between economic growth and consumption of renewable energy, a unidirectional relationship from consumption of fossil to economic growth, and a bidirectional relationship between globalisation and consumption of renewable energy. These results help local governments develop new policies with the purpose of increasing the consumption of renewable energy and reducing environmental degradation while promoting development." @default.
- W4312307764 created "2023-01-04" @default.
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- W4312307764 date "2022-01-01" @default.
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- W4312307764 title "The Energy-Economic Growth Nexus in Latin American and Caribbean Countries: A New Approach with the Globalisation Index" @default.
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- W4312307764 doi "https://doi.org/10.1007/978-3-031-13885-0_5" @default.
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