The DOI matches its Crossref record; 45 of the 45 references it cites were found in a registry or an index.
Dynamics between energy consumption and economic growth in Ecuador: A granger causality analysis
Open accessAbstract
Energy consumption in Ecuador has increased significantly during the last decades, affecting negatively the financial position of the country since large energy consumption subsidies are provided in its internal market and Ecuador is mostly a crude oil exporter and oil derivatives importer country. This research seeks to state the long run price and income elasticities of energy demand in Ecuador, by analyzing information spanning the period from 1970 to 2015. A cointegration analysis and an estimation by using a Dynamic Ordinary Least Squares approach considering structural breaks is carried out. Results obtained are robust and suggest that in the long run energy demand in Ecuador is highly income elastic, has no relationship with its price and has an almost unitary but inverse relationship with the industrial production level. Conclusions and economic policy suggestions are also provided.
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Citations
Cites
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Research works printed but not linked: 1
- Dhungel, 2003, Income and price elasticity of the demand for energy: a macro-level empirical analysis, Pac. Asian J. Energy, 13, 73
Cited by
Chen, X. H., Tee, K., Elnahass, M., & Ahmed, R. (2023) · Journal of Environmental Management · doi:10.1016/j.jenvman.2023.118525 · Cited by 407
Metadata
- Authors
- Pinzón, K.
- Affiliations
- National Polytechnic School (EC)
- Corresponding author
- Pinzón, Kathia
- ORCID
- Pinzón, Kathia
- Venue
- Economic Analysis and Policy
- Publisher
- Elsevier BV
- Published
- 2018-03
- Volume
- 57
- Pages
- 88-101
- ISSN
- 0313-5926 (ISSN-L)
- OpenAlex
- W2758712248
- Cited by
- 66
- References
- 45
- Citations by year
- 2026: 1 · 2025: 9 · 2024: 9 · 2023: 6 · 2022: 11 · 2021: 9 · 2020: 7 · 2019: 8 · 2018: 6
- FWCI
- 10.34
- Type
- journal article
- Language
- en
- Open access
- green
- arxiv.org
- Licence
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- Locations
- Economic Analysis and Policy (publishedVersion)
- arXiv (Cornell University) (submittedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Energy, Environment, Economic Growth
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Energy, Environment, and Transportation Policies
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Market Dynamics and Volatility
- Keywords
- energy consumption, economic growth, Ecuador, oil consumption, transport sector, energy subsidies, renewable energy subsidies, energy-growth causality, structural breaks, sustainable development, oil price policy
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- Pinzón, K. (2018). Dynamics between energy consumption and economic growth in Ecuador: A granger causality analysis. Economic Analysis and Policy. https://doi.org/10.1016/j.eap.2017.09.004
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.