期刊名称:International Journal of Energy Economics and Policy
电子版ISSN:2146-4553
出版年度:2021
卷号:11
期号:3
页码:231-235
DOI:10.32479/ijeep.10988
出版社:EconJournals
其他摘要:This paper is aimed at analyzing the interrelation between Foreign Direct Investment (FDI) and Energy Consumption (EC) in Mexico during the period 1970-2014. To do that, we carry out a cointegration test and a Granger causality analysis. The empirical results from the cointegration test show a stable link between the growth rates of FDI and EC in the long run. While the results from Granger’s causality show that in the short run there is a unidirectional Granger causality from the growth rate of FDI toward the growth rate EC, while in the medium and long there is a bidirectional causality between the growth rates of FDI and LEC in Mexico during the period under study.
其他关键词:foreign direct investment; energy consumption; cointegration; Granger causality