Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries

Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries

Show other versions (1)

This paper examines the unit root properties of energy consumption per capita for 15 East Asia & Pacific countries employing the Lagrange Multiplier (LM) panel unit root test with one structural break for 1971-2007. When we apply the LM univariate test without break, we find a unit root in per c...

Full description

Bibliographic Details
Main Author: Hakan Kum
Format: Article
Language:English
Published: EconJournals 2012-07-01
Series:International Journal of Energy Economics and Policy
Subjects:
Energy consumption
Unit root
Stationarity
Lagrange Multiplier
Panel unit root test.
Online Access:http://www.econjournals.com/index.php/ijeep/article/view/227/120
id doaj-12d6d0ddaa5f432ea202d40a7892e8ec
record_format Article
spelling doaj-12d6d0ddaa5f432ea202d40a7892e8ec2020-11-25T04:00:27ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532012-07-01239296Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific CountriesHakan KumThis paper examines the unit root properties of energy consumption per capita for 15 East Asia & Pacific countries employing the Lagrange Multiplier (LM) panel unit root test with one structural break for 1971-2007. When we apply the LM univariate test without break, we find a unit root in per capita consumption for Brunei Darussalam, Indonesia, Japan, North Korea, South Korea and Myanmar. However, when we apply LM unit root with structural break, we find overwhelming evidence that there is no unit root in per capita energy consumption for these 15 East Asia & Pacific countries.http://www.econjournals.com/index.php/ijeep/article/view/227/120Energy consumptionUnit rootStationarityLagrange MultiplierPanel unit root test.
collection DOAJ
language English
format Article
sources DOAJ
author Hakan Kum
spellingShingle Hakan Kum
Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries
International Journal of Energy Economics and Policy
Energy consumption
Unit root
Stationarity
Lagrange Multiplier
Panel unit root test.
author_facet Hakan Kum
author_sort Hakan Kum
title Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries
title_short Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries
title_full Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries
title_fullStr Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries
title_full_unstemmed Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries
title_sort are fluctuations in energy consumption transitory or permanent? evidence from a panel of east asia & pacific countries
publisher EconJournals
series International Journal of Energy Economics and Policy
issn 2146-4553
publishDate 2012-07-01
description This paper examines the unit root properties of energy consumption per capita for 15 East Asia & Pacific countries employing the Lagrange Multiplier (LM) panel unit root test with one structural break for 1971-2007. When we apply the LM univariate test without break, we find a unit root in per capita consumption for Brunei Darussalam, Indonesia, Japan, North Korea, South Korea and Myanmar. However, when we apply LM unit root with structural break, we find overwhelming evidence that there is no unit root in per capita energy consumption for these 15 East Asia & Pacific countries.
topic Energy consumption
Unit root
Stationarity
Lagrange Multiplier
Panel unit root test.
url http://www.econjournals.com/index.php/ijeep/article/view/227/120
work_keys_str_mv AT hakankum arefluctuationsinenergyconsumptiontransitoryorpermanentevidencefromapanelofeastasiapacificcountries
_version_ 1724450485288566784

Similar Items