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Convergence in per capita energy use among OECD countries

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  • Meng, Ming
  • Payne, James E.
  • Lee, Junsoo

Abstract

Unlike previous studies which mainly focus on the integration properties of energy consumption and production, this study examines the convergence of per capita energy use among 25 OECD countries over the period 1960 to 2010. In particular, newly developed LM and RALS-LM unit root tests with allowance for two endogenously determined structural breaks are employed. The results indicate significant support for per capita energy use convergence among OECD countries.

Suggested Citation

  • Meng, Ming & Payne, James E. & Lee, Junsoo, 2013. "Convergence in per capita energy use among OECD countries," Energy Economics, Elsevier, vol. 36(C), pages 536-545.
  • Handle: RePEc:eee:eneeco:v:36:y:2013:i:c:p:536-545
    DOI: 10.1016/j.eneco.2012.11.002
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    More about this item

    Keywords

    Per capita energy use; Convergence; Unit roots; Trend-shifts;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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