TY - JOUR
T1 - On the stock market-electricity sector nexus in Latin America
T2 - A dynamic panel data model
AU - Aali-Bujari, Alí
AU - Venegas-Martínez, Francisco
AU - Santillán-Salgado, Roberto J.
N1 - Publisher Copyright:
© 2018, Econjournals. All rights reserved.
PY - 2018
Y1 - 2018
N2 - The aim of this paper is to assess the impact of the stock market on the consumption of electric power in the major economies of Latin America during the period 1995-2014. To do this, a dynamic panel data model is estimated through the generalized method of moments. The main empirical finding is that electric power consumption is positively affected by the stock market indices of Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, and Costa Rica.
AB - The aim of this paper is to assess the impact of the stock market on the consumption of electric power in the major economies of Latin America during the period 1995-2014. To do this, a dynamic panel data model is estimated through the generalized method of moments. The main empirical finding is that electric power consumption is positively affected by the stock market indices of Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, and Costa Rica.
KW - Dynamic panel data
KW - Electricity consumption
KW - Stock markets
UR - http://www.scopus.com/inward/record.url?scp=85056970274&partnerID=8YFLogxK
U2 - 10.32479/ijeep.7120
DO - 10.32479/ijeep.7120
M3 - Artículo
AN - SCOPUS:85056970274
SN - 2146-4553
VL - 8
SP - 148
EP - 154
JO - International Journal of Energy Economics and Policy
JF - International Journal of Energy Economics and Policy
IS - 6
ER -
