TY - JOUR AU - Mele, Marco PY - 2019/04/08 Y2 - 2024/03/28 TI - Renewable Energy Consumption: the Effects on Economic Growth in Mexico JF - International Journal of Energy Economics and Policy JA - IJEEP VL - 9 IS - 3 SE - Articles DO - UR - https://www.econjournals.com/index.php/ijeep/article/view/7460 SP - 269-273 AB - <p>This study will demonstrate, through an econometric approach, the renewable energy consumption-economic growth effects in Mexico over the period 1990-2017. After a premise where we describe the situation of energy demand and consumption in Mexico and a summary of the economic literature, we have applied various econometric tests. Results about unit root tests describe a situation with all variables that aren't stationary except that in first differences. The Toda and Yamamoto approach is very important in our analysis: it highlights the existence of a unidirectional causal flow, running from renewable energy consumption to aggregate income. This situation respects the theory and hypothesis of economic growth.</p><p><strong>Keywords</strong>: Renewable Energy Consumption, Economic Growth, Causality, Mexico</p><p><strong>JEL Classifications:</strong> B22, C32, N54, Q43</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.7460">https://doi.org/10.32479/ijeep.7460</a></p> ER -