Is per capita electricity consumption stationary? Time series evidence from OECD countries

dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901; Kula, Ferit -- 0000-0001-6003-6302; ASLAN, Alper -- 0000-0003-1408-0921
dc.contributor.authorKula, Ferit
dc.contributor.authorAslan, Alper
dc.contributor.authorÖztürk, İlhan
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:28:06Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:28:06Z
dc.date.issued2012
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000298764500046en_US
dc.description.abstractThis study examines the stationary properties of per capita electricity consumption in which the endogenously determined break points are incorporated in 23 high income OECD countries by using annual data over 1960-2005 period. We utilize Lagrange Multiplier (LM) unit root test that endogenously determines structural breaks in level and/or trend. We find that 21 country series reject the unit root null hypothesis at the 5% significance level, except for 2 country series. Thus, our empirical findings provide significant evidence that per capita electricity consumption is stationary in almost all countries considered in the study. The stationarity of per capita electricity consumption indicates that it should be possible for the series to forecast future movements in the energy consumption based on the past behaviors of the series. Important policy implications emerge from our empirical results of the unit root test with multiple structural breaks.en_US
dc.identifier.doi10.1016/j.rser.2011.08.015
dc.identifier.endpage503en_US
dc.identifier.issn1364-0321
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-82355169584
dc.identifier.scopusqualityQ1
dc.identifier.startpage501en_US
dc.identifier.urihttps://doi.org/10.1016/j.rser.2011.08.015
dc.identifier.urihttps://hdl.handle.net/20.500.12507/623
dc.identifier.volume16en_US
dc.identifier.wosWOS:000298764500046
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherPERGAMON-ELSEVIER SCIENCE LTDen_US
dc.relation.ispartofRenewable & Sustaınable Energy Revıews
dc.relation.publicationcategoryDiğeren_US
dc.rightsinfo:eu-repo/semantics/closeAccessen_US
dc.subjectElectricity Consumptionen_US
dc.subjectStructural Breaken_US
dc.subjectUnit Rooten_US
dc.titleIs per capita electricity consumption stationary? Time series evidence from OECD countries
dc.typeReview Article

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