Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries
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...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2012-07-01
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Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | http://www.econjournals.com/index.php/ijeep/article/view/227/120 |
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