The long-run relationship between CO2 emissions and economic activity in a small open economy: Uruguay 1882 - 2010

Submitted by Eugenia Leon on
EfD Authors:

The long-run relationship between carbon dioxide emissions from energy use and economic activity level is estimated for Uruguay between 1882 and 2010. We apply cointegration techniques and estimate a Vector Error Correction Model (VECM) for testing whether these variables are endogenous over the long-rung while also considering the short-run dynamics. The economic productive structure, the degree of openness, and the share of clean sources on total energy supply are also considered as explanatory variables.

Conservation, Policy Design