Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries

Authors

  • Hakan Kum

Abstract

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 capita consumption for Brunei Darussalam, Indonesia, Japan, North Korea, South Korea and Myanmar. However, when we apply LM unit root with structural break, we find overwhelming evidence that there is no unit root in per capita energy consumption for these 15 East Asia & Pacific countries.Keywords: Energy consumption; Unit root; Stationarity; Lagrange Multiplier; Panel unit root test.JEL Classifications: C23; Q43

Downloads

Download data is not yet available.

Downloads

Published

2012-04-28

How to Cite

Kum, H. (2012). Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries. International Journal of Energy Economics and Policy, 2(3), 92–96. Retrieved from https://econjournals.com./index.php/ijeep/article/view/227

Issue

Vol. 2 No. 3 (2012)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.