Assessing the interdependence among renewable and non-renewable energies, economic growth, and CO2 emissions in Mexico

Héctor F. Salazar-Núñez (), Francisco Venegas-Martínez and José Antonio Lozano-Díez ()
Additional contact information
Héctor F. Salazar-Núñez: Universidad Cristóbal Colón
José Antonio Lozano-Díez: Universidad Panamericana

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2022, vol. 24, issue 11, No 15, 12850-12866

Abstract: Abstract This paper is aimed at examining the short- and long-run relationships among consumption of renewable and non-renewable energies, economic growth, and CO2 emissions in Mexico during the period 1973–2018. Data were obtained from the World Bank and the British Oil Company BP. A cointegration model together with a fully modified ordinary least squares (FMOLS) is used to estimate possible associations among all variables. Subsequently, the Granger causality test is applied to empirically verify the environmental Kuznets curve (EKC) hypothesis. The main empirical results are that the variables under study explain CO2 emissions in the short and long run, with economic growth having the greatest influence on CO2 emissions, which provides empirical evidence of an EKC for Mexico. Moreover, consumption of renewable and non-renewable energies and economic growth causes in the Granger sense the current levels of CO2 emissions. Moreover, lagged GDP and lagged non-renewable energy consumption do influence (Granger cause) current CO2 emissions. Long-term policies should encourage the use of renewable energies in the electricity, transport, manufacture, and construction sectors.

Keywords: Renewable energies; Non-renewable energies; Economic growth; CO2 emissions; Environmental Kuznets curve (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://link.springer.com/10.1007/s10668-021-01968-y Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:endesu:v:24:y:2022:i:11:d:10.1007_s10668-021-01968-y

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-021-01968-y

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().