GLOBALISATION AND ENERGY TRANSITION IN LATIN AMERICA AND THE CARIBBEAN : economic growth and... policy implications

This book explores the potential for renewable energy development and the adoption of sustainable production processes in Latin America and the Caribbean. By examining the energy transition process, the impact of environmental degradation, and the relationship between renewable energy sources and economic growth, the effects of increased globalisation and liberalisation in this part of the world are analysed. Particular attention is given to renewable energy investment, the energy-economics growth nexus, the impact of trade openness, and the mitigation of carbon emissions. This book aims to highlight econometric techniques that can be used to tackle issues relating to globalisation, the energy transition, and environmental degradation. It will be relevant to researchers and policymakers interested in energy and environmental economics. Matheus Koengkan holds a PhD in economics from the University of Evora. He is an energy and environmental economics researcher at the Department of Economics, Management, Industrial Engineering and Tourism (DEGEIT), University of Aveiro, Aveiro, Portugal. Jose Alberto Fuinhas, PhD in economics, is a professor of monetary economics and intermediate econometrics at the Faculty of Economics of the University of Coimbra, Coimbra, Portugal. In addition, he is a researcher of macroeconomics, energy economics, and environmental economics at the CeBER - Centre for Business and Economics Research Contents About the Authors List of Figures List of Tables Chapter 1: Introduction References Chapter 2: Renewable Energy Transition and Globalisation in the Latin American and Caribbean Region: A Five-Decade Picture 2.1 Introduction 2.2 Energy Transition in the LAC Region 2.3 Globalisation in the LAC Region References Chapter 3: Does Financial Openness Expand the Renewable Energy Investment in Latin American Countries? 3.1 Introduction 3.2 Literature Review 3.3 Method and Data 3.3.1 Method 3.3.2 Data 3.4 Empirical Results 3.5 Robustness Check 3.6 Discussions 3.7 Conclusions and Policy Implications Appendix How to Do References Chapter 4: The Interactions Between Renewable Energy Consumption, Economic Growth, and Globalisation: Fresh Evidence from the Mercosur Countries 4.1 Introduction 4.2 Literature Review 4.3 Data and Method 4.3.1 Data 4.3.2 Method 4.4 Empirical Results 4.5 Discussions 4.6 Conclusions and Policy Implications How to Do References Chapter 5: The Energy-Economic Growth Nexus in Latin American and Caribbean Countries: A New Approach with the Globalisation Index 5.1 Introduction 5.2 Literature Review 5.2.1 Consumption of Energy and Economic Growth Nexus 5.2.2 Globalisation and Consumption of Energy Relationship 5.3 Data and Method 5.3.1 Data 5.3.2 Method 5.4 Empirical Results 5.5 Robustness Check 5.6 Discussions 5.7 Conclusions and Policy Implications How to Do References Chapter 6: Impact of Trade Openness on the Consumption of Fossil Fuels in Latin American and Caribbean Countries 6.1 Introduction 6.2 Literature Review 6.3 Data and Methodology 6.3.1 Data 6.3.2 Method 6.4 Empirical Results 6.5 Robustness Check 6.6 Discussions 6.7 Conclusions and Policy Implications How to Do References Chapter 7: The Role of the Globalisation Process in Mitigating Carbon Dioxide Emissions in Latin American and Caribbean Countries 7.1 Introduction 7.2 Literature Review 7.3 Data and Method 7.3.1 Data 7.3.2 Method 7.4 Preliminary Test Results 7.5 Empirical Results 7.6 Robustness of Results 7.7 Discussions 7.8 Conclusions and Policy Implications How to Do References Chapter 8: Does the Energy Transition Process Decrease the Environmental Degradation in Latin American and Caribbean Countries? 8.1 Introduction 8.2 Data and Method 8.2.1 Data 8.2.2 Method 8.3 Results and Discussion 8.4 Robustness Check 8.5 Conclusions and Policy Implications Appendix How to Do References Chapter 9: Conclusions Index