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Conditional convergence in Australia's energy consumption at the sector level

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  • Mishra, Vinod
  • Smyth, Russell

Abstract

We examine the convergence of energy consumption per capita at the sector level in Australia over the period 1973–74 to 2013–14. To do so, we employ recently developed LM and RALS-LM unit root tests that accommodate up to two endogenously determined structural breaks. We find support for energy consumption per capita convergence for six of seven sectors in Australia.

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  • Mishra, Vinod & Smyth, Russell, 2017. "Conditional convergence in Australia's energy consumption at the sector level," Energy Economics, Elsevier, vol. 62(C), pages 396-403.
    • Handle: RePEc:eee:eneeco:v:62:y:2017:i:c:p:396-403
    DOI: 10.1016/j.eneco.2016.07.009
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    Keywords

    Energy convergence; Unit root test; Australia;
    All these keywords.

    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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