Are fluctuations in coal consumption transitory or permanent? Evidence from a panel of US states
AbstractThis short communication investigates whether or not US coal consumption follows a stationary process by examining coal consumption for the 50 US states over the period 1982-2007. Employing several panel unit root and stationarity tests with endogenously determined structural breaks, the results indicate that coal consumption is integrated of order zero. Thus, energy conservation policies oriented towards the reduction of coal consumption will only have short-term effects.
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Bibliographic InfoArticle provided by Elsevier in its journal Applied Energy.
Volume (Year): 87 (2010)
Issue (Month): 7 (July)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description
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- Russell Smyth, 2012.
"Are fluctuations in energy variables permanent or transitory? A survey of the literature on the integration properties of energy consumption and production,"
Monash Economics Working Papers
04-12, Monash University, Department of Economics.
- Smyth, Russell, 2013. "Are fluctuations in energy variables permanent or transitory? A survey of the literature on the integration properties of energy consumption and production," Applied Energy, Elsevier, vol. 104(C), pages 371-378.
- Muhammad, Shahbaz & Tiwari, Aviral Kumar & Khan, Saleheen, 2012. "Is Energy Consumption Per Capita Stationary? Evidence from First and Second Generation Panel Unit Root Tests," MPRA Paper 41607, University Library of Munich, Germany, revised 27 Sep 2012.
- Apergis, Nicholas & Payne, James E., 2010. "Structural breaks and petroleum consumption in US states: Are shocks transitory or permanent?," Energy Policy, Elsevier, vol. 38(10), pages 6375-6378, October.
- Hooi Hooi Lean & Russell Smyth, 2012. "Are fluctuations in production of renewable energy permanent or transitory?," Monash Economics Working Papers 05-12, Monash University, Department of Economics.
- Shahbaz, Muhammad & Tiwari, Aviral & Ilhan, Ozturk & Abdul, Farooq, 2012. "Are fluctuations in electricity consumption per capita transitory? evidence from developed and developing economies," MPRA Paper 39443, University Library of Munich, Germany, revised 11 Jun 2012.
- Hakan Kum, 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, Econjournals, vol. 2(3), pages 92-96.
- Aslan, Alper, 2011. "Does natural gas consumption follow a nonlinear path over time? Evidence from 50 US States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 4466-4469.
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