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This paper presents the study of the dynamic relationship between carbon dioxide emissions and economic growth for a group of Latin America and Caribbean countries during 1951-2014. From the use of economic regimes and time series symbolization, a metric was introduced. Through cluster analysis, two distinct groups emerged in terms of their emissions and growth dynamics. Analyzing the existence of bidirectional relationships both in the short and long term, it was found that the relationship differs according to the groups and estimation methods. [ABSTRACT FROM AUTHOR]