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.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis
Perron, P. (1989) · Econometrica · doi:10.2307/1913712 · Cited by 7,732
Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis
Zivot, E., & Andrews, D. W. K. (2002) · Journal of Business & Economic Statistics · doi:10.1198/073500102753410372 · Cited by 5,737
A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems
Stock, J. H., & Watson, M. W. (1993) · Econometrica · doi:10.2307/2951763 · Cited by 5,013
Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis
Zivot, E., & Andrews, D. W. K. (1992) · Journal of Business & Economic Statistics · doi:10.1080/07350015.1992.10509904 · Cited by 3,250
96/01121 BP statistical review of world energy 1995
(1996) · Fuel and Energy Abstracts · doi:10.1016/0140-6701(96)91019-x · Cited by 2,663
Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis
Zivot, E. W., & Andrews, D. W. K. (1992) · Journal of Business and Economic Statistics · doi:10.2307/1391541 · Cited by 1,953
An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey
Halicioglu, F. (2009) · Energy Policy · doi:10.1016/j.enpol.2008.11.012 · Cited by 1,662
Multiple Trend Breaks and the Unit-Root Hypothesis
Lumsdaine, R. L., & Papell, D. H. (1997) · Review of Economics and Statistics · doi:10.1162/003465397556791 · Cited by 1,502
Energy consumption, income, and carbon emissions in the United States
Soytas, U., Sari, R., & Ewing, B. T. (2007) · Ecological Economics · doi:10.1016/j.ecolecon.2006.07.009 · Cited by 1,321
Energy consumption and GDP: causality relationship in G-7 countries and emerging markets
Soytas, U., & Sari, R. (2003) · Energy Economics · doi:10.1016/s0140-9883(02)00009-9 · Cited by 1,147
Testing for a unit root in variables with a double change in the mean
Clemente, J., Montañés, A., & Reyes, M. (1998) · Economics Letters · doi:10.1016/s0165-1765(98)00052-4 · Cited by 914
Masih, A. M. M., & Masih, R. (1996) · Energy Economics · doi:10.1016/0140-9883(96)00009-6 · Cited by 838
Urban energy use and carbon emissions from cities in China and policy implications
Dhakal, S. (2009) · Energy Policy · doi:10.1016/j.enpol.2009.05.020 · Cited by 824
Economic development, pollutant emissions and energy consumption in Malaysia
Ang, J. B. (2008) · Journal of Policy Modeling · doi:10.1016/j.jpolmod.2007.04.010 · Cited by 811
Additional Tests for a Unit Root Allowing for a Break in the Trend Function at an Unknown Time
Vogelsang, T. J., & Perron, P. (1998) · International Economic Review · doi:10.2307/2527353 · Cited by 654
Tugcu, C. T., Ozturk, I., & Aslan, A. (2012) · Energy Economics · doi:10.1016/j.eneco.2012.08.021 · Cited by 639
Energy consumption and economic growth: The case of oil exporting countries
Mehrara, M. (2007) · Energy Policy · doi:10.1016/j.enpol.2006.10.018 · Cited by 599
A survey of the electricity consumption-growth literature
Payne, J. E. (2010) · Applied Energy · doi:10.1016/j.apenergy.2009.06.034 · Cited by 593
The impact of CO2 emissions and economic growth on energy consumption in 58 countries
Saidi, K., & Hammami, S. (2015) · Energy Reports · doi:10.1016/j.egyr.2015.01.003 · Cited by 588
Ozturk, I., Aslan, A., & Kalyoncu, H. (2010) · Energy Policy · doi:10.1016/j.enpol.2010.03.071 · Cited by 534
Al‐mulali, U., & Sab, C. N. B. C. (2012) · Energy · doi:10.1016/j.energy.2012.01.032 · Cited by 488
Costantini, V., & Martini, C. (2010) · Energy Economics · doi:10.1016/j.eneco.2009.09.013 · Cited by 369
Energy consumption and growth in South America: Evidence from a panel error correction model
Apergis, N., & Payne, J. E. (2010) · Energy Economics · doi:10.1016/j.eneco.2010.04.006 · Cited by 324
Numerical distribution functions of likelihood ratio tests for cointegration
MacKinnon, J. G., Haug, A. A., & Michelis, L. (1999) · Journal of Applied Econometrics · Cited by 300
Causality between Energy Consumption and GDP: Evidence from 30 OECD and 78 Non-OECD CountriesPreprint
Chontanawat, J., Hunt, L. C., & Pierse, R. G. (2006) · RePEc: Research Papers in Economics · Cited by 123
Energy Consumption and Economic Growth Nexus: Evidence from Developed Countries in Europe
Uçan, O., Aricioglu, E., & Yücel, F. (2014) · International Journal of Energy Economics and Policy · Cited by 102
Vector Autoregressive Models for Multivariate Time Series
(2006) · Springer eBooks · doi:10.1007/0-387-32348-1_11 · Cited by 83
Energy Subsidies in Latin America and the Caribbean
Bella, G. D., Norton, L., Ntamatungiro, J., Ogawa, S., Samaké, I., & Santoro, M. (2015) · IMF Working Paper · doi:10.5089/9781484365366.001 · Cited by 60
Energy Subsidies in Latin America and the Caribbean: Stocktaking and Policy ChallengesPreprint
Bella, C. G. D., Norton, L., Ntamatungiro, J., Ogawa, S., Samaké, I., & Santoro, M. (2015) · SSRN Electronic Journal · doi:10.2139/ssrn.2574703 · Cited by 52
de Colombia, U. C., Robledo, J. C., & Sarmiento, V. A. S. (2013) · Latin american journal of economics · doi:10.7764/laje.50.2.233 · Cited by 50
Energy Consumption and Economic Growth: A Panel Cointegration Analysis for Developing Countries
Adhikari, D., & Chen, Y. (2013) · RePEc: Research Papers in Economics · Cited by 45
Estimating the Demand for Energy in Jordan: A Stock-Watson Dynamic OLS (DOLS) ApproachPreprint
Al-Azzam, A., & Hawdon, D. (1999) · RePEc: Research Papers in Economics · Cited by 37
Factors Affecting Energy Demand in Developing Countries: A Dynamic Panel Analysis
Aziz, A. A., Mustapha, N. H. N., & Ismail, R. (2013) · International Journal of Energy Economics and Policy · Cited by 29
Kimura, S. (2014) · RePEc: Research Papers in Economics · Cited by 26
Price volatility and demand for oil: A comparative analysis of developed and developing countries
Jobling, A., & Jamasb, T. (2017) · Economic Analysis and Policy · doi:10.1016/j.eap.2017.01.001 · Cited by 25
Does energy use cause economic growth in Latin America?
Pastén, R., Saens, R., & Marín, R. C. (2015) · Applied Economics Letters · doi:10.1080/13504851.2015.1034834 · Cited by 24
Link between Economic Growth and Energy Consumption in Over 90 CountriesPreprint
Farhani, S., & Rejeb, J. B. (2012) · RePEc: Research Papers in Economics · Cited by 22
The Great Crash, The Oil Price Shock And The Unit Root HypothesisPreprint
Pierre Perron, Z. (1988) · RePEc: Research Papers in Economics · Cited by 18
PHOUMIN, H., & Kimura, S. (n.d.) · RePEc: Research Papers in Economics · Cited by 16
(1996) · Fuel and Energy Abstracts · doi:10.1016/s0140-6701(97)84178-1 · Cited by 11
Unit roots, non-linearities and structural breaks
Haldrup, N., Kruse, R., Timo Teräsvirta, Y., & Varneskov, R. T. (2013) · Edward Elgar Publishing eBooks · doi:10.4337/9780857931023.00009 · Cited by 10
Unit root tests and structural breaks in the Swedish electricity price
Nilsson, I. (2009) · Epubl LTU · Cited by 10
Giles, D. E. A., & Godwin, R. T. (2011) · RePEc: Research Papers in Economics · Cited by 9
Suárez, J. R. B., & Serrano, A. P. E. (2014) · Cited by 1
Análisis empírico de la función de demanda de gasolina en Ecuador en el periodo 1979– 2013
Paladines, C., & Soledad, A. (2014) · Cited by 1
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
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
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.
