Is per capita energy use stationary? Time series evidence for the EMU countries

This study examines the stationary properties of per capita energy use in the 19 Eurozone member countries by using annual data over 1960–2013 period. We utilize the Clemente et al. unit root test that determines structural breaks. Empirical results show that most of the country series does not reje...

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Main Author: Cosimo Magazzino
Format: Article
Language:English
Published: SAGE Publishing 2017-01-01
Series:Energy Exploration & Exploitation
Online Access:https://doi.org/10.1177/0144598716679926
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spelling doaj-449cc8ba463f4a63bf5b31b3b3ca1a2b2020-11-25T04:00:34ZengSAGE PublishingEnergy Exploration & Exploitation0144-59872048-40542017-01-013510.1177/0144598716679926Is per capita energy use stationary? Time series evidence for the EMU countriesCosimo MagazzinoThis study examines the stationary properties of per capita energy use in the 19 Eurozone member countries by using annual data over 1960–2013 period. We utilize the Clemente et al. unit root test that determines structural breaks. Empirical results show that most of the country series does not reject the unit root null hypothesis at the 5% significance level, both in the case of additive outlier and of innovative outlier. Therefore, our empirical findings provide significant evidence that energy use is nonstationary in almost all Eurozone countries. For the policy makers, it is necessary to pay attention to energy use series.https://doi.org/10.1177/0144598716679926
collection DOAJ
language English
format Article
sources DOAJ
author Cosimo Magazzino
spellingShingle Cosimo Magazzino
Is per capita energy use stationary? Time series evidence for the EMU countries
Energy Exploration & Exploitation
author_facet Cosimo Magazzino
author_sort Cosimo Magazzino
title Is per capita energy use stationary? Time series evidence for the EMU countries
title_short Is per capita energy use stationary? Time series evidence for the EMU countries
title_full Is per capita energy use stationary? Time series evidence for the EMU countries
title_fullStr Is per capita energy use stationary? Time series evidence for the EMU countries
title_full_unstemmed Is per capita energy use stationary? Time series evidence for the EMU countries
title_sort is per capita energy use stationary? time series evidence for the emu countries
publisher SAGE Publishing
series Energy Exploration & Exploitation
issn 0144-5987
2048-4054
publishDate 2017-01-01
description This study examines the stationary properties of per capita energy use in the 19 Eurozone member countries by using annual data over 1960–2013 period. We utilize the Clemente et al. unit root test that determines structural breaks. Empirical results show that most of the country series does not reject the unit root null hypothesis at the 5% significance level, both in the case of additive outlier and of innovative outlier. Therefore, our empirical findings provide significant evidence that energy use is nonstationary in almost all Eurozone countries. For the policy makers, it is necessary to pay attention to energy use series.
url https://doi.org/10.1177/0144598716679926
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