Renewable Energy Consumption: the Effects on Economic Growth in Mexico

Marco Mele
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Marco Mele: Department of Political Sciences, University of Teramo, Italy

International Journal of Energy Economics and Policy, 2019, vol. 9, issue 3, 269-273

Abstract: This study will demonstrate, through an econometric approach, the renewable energy consumption-economic growth effects in Mexico over the period 1990-2017. After a premise where we describe the situation of energy demand and consumption in Mexico and a summary of the economic literature, we have applied various econometric tests. Results about unit root tests describe a situation with all variables that aren t stationary except that in first differences. The Toda and Yamamoto approach is very important in our analysis: it highlights the existence of a unidirectional causal flow, running from renewable energy consumption to aggregate income. This situation respects the theory and hypothesis of economic growth.

Keywords: Renewable Energy Consumption; Economic Growth; Causality; Mexico (search for similar items in EconPapers)
JEL-codes: B22 C32 N54 Q43 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2019-03-30

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