Is the globalization influencing the primary energy consumption? The case of Latin America and Caribbean countries

Matheus Koengkan

doi:10.47385/cadunifoa.v12.n33.460

Autores/as

Matheus Koengkan University of Beira Interior

DOI:

https://doi.org/10.47385/cadunifoa.v12.n33.460

Palabras clave:

Globalization, Latin America and Caribbean, Primary energy consumption, ARDL, GDP, CO2, Capital account openness

Resumen

This article investigates the relationship between globalization and primary energy consumption in twelve Latin America and Caribbean countries from 1991 to 2012 using the auto-regressive distributive lag (ARDL) methodology. The elasticities results showed that increase of 1% on index globalization exerts a positive impact of 0.4449 % above the primary energy consumption. The variables gross domestic product (GDP) and dioxide carbon emissions (CO₂) exert a positive impact in short and long-run, as well as the variable capital account openness has a negative effect in long-run.

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Biografía del autor/a

Matheus Koengkan, University of Beira Interior

Mestrando em Economia na Universidade da Beira Interior (Covilhã Portugal),Pósgraduado em Controladoria e Finanças pela Universidade Federal Fluminense UFF (2015),Graduado em Ciências Contábeis pelo Centro Universitário de Volta Redonda UNIFOA (2013).Atualmente pesquisador nas áreas da Economia da Energia e Finanças Empresariais na Universidade da Beira Interior. Um profissional com mais de 3 anos de atuação no sector financeiro. Amplo conhecimento em softwares econometricos e de gestão

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