Exploring the interactions between renewable energy, economic growth, agriculture and urbanization in the Mercosur trade-bloc countries

Yormy Eliana Poveda, Matheus Koengkan, José Alberto Fuinhas

Resumo


The interactions between renewable energy, economic growth, agricultural sector, and urbanization were analyzed for the Mercosur trade-bloc countries over the period from 1980 to 2014. The analysis was performed recurring to panel vector autoregression to capture the rich connections (endogeneity) between the variables over a long period. The results support the existence of endogeneity between variables as well as the presence of a bi-directional causality, between consumption of renewable energy, urbanization, agriculture production, and economic growth, and unidirectional causality from urbanization to agriculture production.


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DOI: https://doi.org/10.22408/reva502020548e-5049

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