Are fluctuations in electricity consumption per capita transitory? Evidence from developed and developing economies

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Küçük Resim

Tarih

2013

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

PERGAMON-ELSEVIER SCIENCE LTD

Erişim Hakkı

info:eu-repo/semantics/openAccess

Özet

This paper investigates the unit root properties of electricity consumption per capita of 67 developed and developing countries for the period 1971-2010. To examine the stationary properties of electricity consumption per capita, we have adopted Lee and Strazicich (2003,2004) test of unit root that allows us to test for at most two endogenous breaks and uses the Lagrange Multiplier (LM) test statistics. Results show that 65 country series reject the unit root null hypothesis except for 2 country series. Thus, our empirical findings provide significant evidence that electricity consumption per capita is stationary in almost all countries considered. The stationarity of electricity consumption per capita 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.

Açıklama

WOS: 000328868700044

Anahtar Kelimeler

Electricity, Transitory, Permanent

Kaynak

Renewable & Sustaınable Energy Revıews

WoS Q Değeri

Q1

Scopus Q Değeri

Q1

Cilt

28

Sayı

Künye