"Energy, development, and economic growth in Colombia"

"Purpose: The aim of this study is to describe the causal relationships between energy use, development, and productivity in Colombia. Design/Methodology/Approach: The study was conducted by application of several econometric techniques. The time-series methodology used in this is based on the...

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Autores Principales: "Martínez, Clara Inés Pardo, Poveda, Alexander Cotte"
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Springer Verlag 2013
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/22535
https://doi.org/10.1007/978-1-4471-5286-6_18
id ir-10336-22535
recordtype dspace
spelling ir-10336-225352020-06-03T22:15:04Z "Energy, development, and economic growth in Colombia" "Martínez, Clara Inés Pardo Poveda, Alexander Cotte" Carbon dioxide Developing countries Energy efficiency Energy utilization Productivity Design/methodology/approach Economic development Energy Granger causality test Gross domestic products Poverty Sustainable energy use Total energy consumption Economic analysis Economic development Energy Poverty Productivity "Purpose: The aim of this study is to describe the causal relationships between energy use, development, and productivity in Colombia. Design/Methodology/Approach: The study was conducted by application of several econometric techniques. The time-series methodology used in this is based on the Granger causality test, which has been found appropriate by using the cointegration technique. Findings: This study shows that economic growth and development drive total energy consumption. The results regarding the relationship among energy, poverty, and inequality indicate that increases in gross domestic product and energy supply per capita contribute to decrease poverty. The results also confirm that access to modern energy services helps to decrease poverty. Moreover, the improvements in energy efficiency and decreases in CO2 emissions have contributed to development and growth. Practical Implications: The results of this study showed the importance of the formulation and adoption of good policies and strategies that encourage sustainable energy use to improve growth and development, especially in developing countries. Originality/Value: This chapter provides an empirical approach for finding the causal relationship between development, productivity, and energy consumption in Colombia. The methodology and the results used in this study could be used for exploring the importance of energy in the productivity and economic development. © Springer-Verlag London 2013." 2013 2020-05-25T23:56:50Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 21951292 21951284 https://repository.urosario.edu.co/handle/10336/22535 https://doi.org/10.1007/978-1-4471-5286-6_18 eng info:eu-repo/semantics/openAccess application/pdf Springer Verlag instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR
institution EdocUR - Universidad del Rosario
collection DSpace
language Inglés (English)
topic Carbon dioxide
Developing countries
Energy efficiency
Energy utilization
Productivity
Design/methodology/approach
Economic development
Energy
Granger causality test
Gross domestic products
Poverty
Sustainable energy use
Total energy consumption
Economic analysis
Economic development
Energy
Poverty
Productivity
spellingShingle Carbon dioxide
Developing countries
Energy efficiency
Energy utilization
Productivity
Design/methodology/approach
Economic development
Energy
Granger causality test
Gross domestic products
Poverty
Sustainable energy use
Total energy consumption
Economic analysis
Economic development
Energy
Poverty
Productivity
"Martínez, Clara Inés Pardo
Poveda, Alexander Cotte"
"Energy, development, and economic growth in Colombia"
description "Purpose: The aim of this study is to describe the causal relationships between energy use, development, and productivity in Colombia. Design/Methodology/Approach: The study was conducted by application of several econometric techniques. The time-series methodology used in this is based on the Granger causality test, which has been found appropriate by using the cointegration technique. Findings: This study shows that economic growth and development drive total energy consumption. The results regarding the relationship among energy, poverty, and inequality indicate that increases in gross domestic product and energy supply per capita contribute to decrease poverty. The results also confirm that access to modern energy services helps to decrease poverty. Moreover, the improvements in energy efficiency and decreases in CO2 emissions have contributed to development and growth. Practical Implications: The results of this study showed the importance of the formulation and adoption of good policies and strategies that encourage sustainable energy use to improve growth and development, especially in developing countries. Originality/Value: This chapter provides an empirical approach for finding the causal relationship between development, productivity, and energy consumption in Colombia. The methodology and the results used in this study could be used for exploring the importance of energy in the productivity and economic development. © Springer-Verlag London 2013."
format Artículo (Article)
author "Martínez, Clara Inés Pardo
Poveda, Alexander Cotte"
author_facet "Martínez, Clara Inés Pardo
Poveda, Alexander Cotte"
author_sort "Martínez, Clara Inés Pardo
title "Energy, development, and economic growth in Colombia"
title_short "Energy, development, and economic growth in Colombia"
title_full "Energy, development, and economic growth in Colombia"
title_fullStr "Energy, development, and economic growth in Colombia"
title_full_unstemmed "Energy, development, and economic growth in Colombia"
title_sort "energy, development, and economic growth in colombia"
publisher Springer Verlag
publishDate 2013
url https://repository.urosario.edu.co/handle/10336/22535
https://doi.org/10.1007/978-1-4471-5286-6_18
_version_ 1669098388854931456
score 11,388624