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Ecos de Economía

 ISSN 1657-4206

BARRETO NIETO, Carlos Alberto    CAMPO ROBLEDO, Jacobo. Long-term relationship between energy consumption and GDP in Latin America: an empirical assessment using panel data. []. , 16, 35, pp.73-89. ISSN 1657-4206.

The main objetive of this research is to evaluate the long term relationship between energy consumption and GDP for some Latin American countries in the period 1980- 2009. The estimation has been done through the non-stationary panel approach, using the production function in order to control other sources of GDP variation, such as capital and labor. In addition to this, a panel unit root tests are used in order to identify the non- stationarity of these variables, followed by the application of panel cointegration test proposed by Pedroni (2004) to avoid a spurious regression (Entorf, 1997; Kao, 1999).

: Energy Consumption; Economic Growth; Production Function; Panel.

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