Empirical evidence of sustainable development: Causality relationship between economic growth and environmental degradation in Ecuador and Latin America and The Caribbean

Autor: Victor Quinde Rosales, Rina Bucaram Leverone, Martha Bucaram Leverone, Francisco Quinde Rosales
Rok vydání: 2021
Zdroj: Universidad Ciencia y Tecnología. 25:67-77
ISSN: 2542-3401
1316-4821
DOI: 10.47460/uct.v25i111.517
Popis: This article is an inductive argumentation and an empirical-analytical paradigm that evaluates the actual relationship between Gross Domestic Product (GDP) per capita and the Carbon Dioxide (CO2) in the case of Ecuador and to compare it with Latin America and the Caribbean within a period of analysis from 1960 to 2011. It was developed an Augmented Dickey-Fuller unit root (ADF), a Granger Causality Test and a Johansen Cointegration test. It was obtained a VAR model with two variables with a number of 14 lags – VAR2(14) which were tested for which were tested for causality by demonstrating a bidirectionality for Latin America and the Caribbean and a unidirectionality of GDP per capita to CO2 for the Ecuador. Keywords: economic growth, sustainable development, environmental economics. References [1]E. Urteaga, «Las teorías económicas del desarrollo sostenible,» Cuadernos de Economía, vol. 32, nº 89, pp.113-162, 2009. [2]G. 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