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Article
Trends in economic growth, poverty and energy in Colombia: long-run and short-run effects
Energy System (2011)
  • Alexander Cotte Poveda
  • Clara Inés Pardo Martinez
Abstract
This research analyses the long run and short run relationships among economic growth, poverty and energy using the Colombian case. In this study, we use the time-series methodologies. The results regarding the relationship among economic growth, poverty and energy show that increases in gross domestic product and energy supply per capita should lead a decrease of poverty, which should demonstrate that access to modern and adequate energy services help to decrease poverty and to increase economic growth. Moreover, the improvements in energy efficiency have contributed to increase economic growth from an approach of sustainable development. These results are important for the adequate design, formulation and application of policies and strategies that encourage a better energy use to improve economic growth and decrease poverty, especially in developing countries.
Keywords
  • Economic development – Economic growth – Energy – Poverty
Publication Date
Spring March 17, 2011
Citation Information
Alexander Cotte Poveda and Clara Inés Pardo Martinez. "Trends in economic growth, poverty and energy in Colombia: long-run and short-run effects" Energy System Vol. 2 Iss. 3-4 (2011)
Available at: http://works.bepress.com/alexandercottepoveda/7/