期刊
ENERGIES
卷 11, 期 4, 页码 -出版社
MDPI
DOI: 10.3390/en11040784
关键词
causality; economic growth; structural breaks; energy consumption; Mexico
资金
- Dpto. de Educacion, Universidades e Investigacion del Gobierno Vasco [ECO2015-64467-R, IT-783-13]
- National Council for Science and Technology (Consejo Nacional de Ciencia y Tecnologia, CONACYT) in Mexico [N265826-2016]
This paper analyzes the causal link between aggregated and disaggregated levels of energy consumption and economic growth in Mexico between 1965 and 2014, with the presence of structural breaks stemming from the series. To that end, unit root with structural breaks, cointegration, and linear and nonlinear causality tests are employed. The results show that there is a long-run relationship between production, capital, labor, and energy, and linear causal links from total and disaggregated energy consumption to economic growth. A nonlinear causality also exists from energy consumption, the transport sector, capital, and labor to output. These results support the growth hypothesis, which maintains that energy is an important input factor for economic activity and that energy conservation policies impact the economic growth in Mexico.
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