Are Renewable Energy Policies Reducing the Carbon Dioxide Emissions?

• Autor(a) principal: Koengkan, Matheus da Costa
• Data de Publicação: 2017
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10400.6/7827
• topic: América Latina; Autocorrelação de Dependência Transversal; Dióxido de Carbono; Políticas de Energias Renováveis; Domínio/Área Científica::Ciências Sociais::Economia e Gestão

This dissertation examines the impact of renewable energy policies on carbon dioxide emissions in Latin America region. Ten countries were analyzed in a period from 1991 to 2012, utilizing the methodology of autoregressive panel with distributed lag to decompose the total effect in their repercussions in the short- and long-run. The presence of cross-sectional dependence confirms that Latin American countries share spatial patterns, as well as, the heteroskedasticity, contemporaneous correlation, and first order autocorrelation cross-sectional dependence were identified. Considering this violations, the robust dynamic Driscoll-Kraay estimator with fixed effects that is robust to these phenomena was used. In the same way, it was observed that the primary energy consumption per capita contributes in both the short- and long-run, to increase in carbon dioxide emissions. The research proved that the number of renewable energy policies in the long-run, and renewable electricity generation per capita both in the short-and long-run, contribute to mitigate per capita carbon dioxide emissions.