Are Fluctuations in Electricity consumption permanent or transitory? evidence from a nonlinear unit root test in high-income OECD countries

Basit Öğe Kaydı
dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901; ASLAN, Alper -- 0000-0003-1408-0921
dc.contributor.authorÖztürk, İlhan
dc.contributor.authorAslan, A.
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:28:01Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:28:01Z
dc.date.issued2015
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000346192900005en_US
dc.description.abstractFor the first time, this article investigates the stationary properties of per capita electricity consumption by employing a nonlinear unit root test for 23 high-income Organisation for Economic Co-operation and Development (OECD) countries covering the period 1960-2005. Empirical results demonstrate that per capita electricity consumption follows a nonlinear behavior in 70% of the OECD countries. By using the Lagrange Multiplier and Kruse's (2011) unit root test, we find that the electricity consumption is a non-stationary process for 12 countries. In addition, we conclude that any shock to electricity consumption is likely to be permanent and energy policies will have a permanent impact. On the other hand, electricity consumption is a stationary process for the rest of the 19 countries which means that energy demand management policies designed to shrink energy consumption will have temporary effects as energy consumption will return to its trend path. As a policy implication, the linearity or nonlinearity of data should be investigated before testing the unit root test hypothesis in the studies to avoid doubtful results.en_US
dc.identifier.doi10.1080/15567249.2010.543947
dc.identifier.endpage262en_US
dc.identifier.issn1556-7249
dc.identifier.issn1556-7257
dc.identifier.issue3en_US
dc.identifier.scopus2-s2.0-84986921954
dc.identifier.scopusqualityQ1
dc.identifier.startpage257en_US
dc.identifier.urihttps://doi.org/10.1080/15567249.2010.543947
dc.identifier.urihttps://hdl.handle.net/20.500.12507/584
dc.identifier.volume10en_US
dc.identifier.wosWOS:000346192900005
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherTAYLOR & FRANCIS INCen_US
dc.relation.ispartofEnergy Sources Part B-Economıcs Plannıng and Polıcy
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectElectricity Consumptionen_US
dc.subjectOECDen_US
dc.subjectStationarityen_US
dc.subjectUnit Rooten_US
dc.titleAre Fluctuations in Electricity consumption permanent or transitory? evidence from a nonlinear unit root test in high-income OECD countries
dc.typeArticle

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
İsim:
İlhan ÖZTÜRK.pdf
Boyut:
363.79 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Tam Metin / Full Text
İndir

Koleksiyon

Makale Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu
WoS İndeksli Yayınlar Koleksiyonu