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

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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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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

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