[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v305y2024ics0360544224020553.html
   My bibliography  Save this article

Productive electricity and non-electricity consumption effects on economic growth: A Latin America analysis

Author

Listed:
  • Pablo-Romero, María P.
  • Pozo-Barajas, Rafael
  • Washburn, Christian
Abstract
Electrification is a key pillar in energy transformation to reduce emissions. However, it may also have consequences on production. This study analyzes the effect of using electricity and non-electricity energy sources on production growth. An extended neoclassical production function, with the two uses of energy (electricity and non-electricity), is estimated for 17 Latin American countries from 1990 to 2019 and, for subsamples, based on the level of production per persons employed. The study is performed applying the cross-sectionally augmented, autoregressive distributed lag modeling approach and a non-parametric time-varying coefficients model. The parametric results indicate that the effect of both sources of energy on production are positive and significant. However, the production elasticity with respect to non-electricity consumption is higher than that with respect to electricity consumption. Only in countries with the lowest production levels could electrification be neutral. The non-parametric results show that the effect of non-electricity consumption is decreasing slightly over the period, while the effect of electricity use is increasing slightly, with a tendency towards stabilization at the end of the period. Nevertheless, these changes have been small.

Suggested Citation

  • Pablo-Romero, María P. & Pozo-Barajas, Rafael & Washburn, Christian, 2024. "Productive electricity and non-electricity consumption effects on economic growth: A Latin America analysis," Energy, Elsevier, vol. 305(C).
    • Handle: RePEc:eee:energy:v:305:y:2024:i:c:s0360544224020553
    DOI: 10.1016/j.energy.2024.132281
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544224020553
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2024.132281?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:305:y:2024:i:c:s0360544224020553. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.