Convergence behaviours of energy series and GDP nexus hypothesis: A non-parametric Bayesian application
Author
Abstract
Suggested Citation
DOI: 10.1371/journal.pone.0271345
Download full text from publisher
References listed on IDEAS
- Mohammadi, Hassan & Ram, Rati, 2017. "Convergence in energy consumption per capita across the US states, 1970–2013: An exploration through selected parametric and non-parametric methods," Energy Economics, Elsevier, vol. 62(C), pages 404-410.
- Kumar Narayan, Paresh & Smyth, Russell, 2007.
"Are shocks to energy consumption permanent or temporary? Evidence from 182 countries,"
Energy Policy, Elsevier, vol. 35(1), pages 333-341, January.
- Paresh Kumar Narayan & Russell Smyth, 2005. "Are Shocks To Energy Consumption Permanent Or Temporary? Evidence From 182 Countries," Monash Economics Working Papers 06/05, Monash University, Department of Economics.
- De Iorio, Maria & Muller, Peter & Rosner, Gary L. & MacEachern, Steven N., 2004. "An ANOVA Model for Dependent Random Measures," Journal of the American Statistical Association, American Statistical Association, vol. 99, pages 205-215, January.
- Fallahi, Firouz & Voia, Marcel-Cristian, 2015.
"Convergence and persistence in per capita energy use among OECD countries: Revisited using confidence intervals,"
Energy Economics, Elsevier, vol. 52(PA), pages 246-253.
- Firouz Fallahi & Marcel-Cristian Voia, 2015. "Convergence and persistence in per capita energy use among OECD countries: Revisited using confidence intervals," Post-Print hal-04926589, HAL.
- Romano, Joseph P & Wolf, Michael, 2001.
"Subsampling Intervals in Autoregressive Models with Linear Time Trend,"
Econometrica, Econometric Society, vol. 69(5), pages 1283-1314, September.
- Romano, Joseph P. & Wolf, Michael, 1999. "Subsampling intervals in autoregressive models with linear time trend," DES - Working Papers. Statistics and Econometrics. WS 6400, Universidad Carlos III de Madrid. Departamento de EstadÃstica.
- Cosimo Magazzino, 2017. "Renewable Energy Consumption-Economic Growth Nexus in Italy," International Journal of Energy Economics and Policy, Econjournals, vol. 7(6), pages 119-127.
- Magazzino, Cosimo & Schneider, Nicolas, 2020. "The Causal Relationship between Primary Energy Consumption and Economic Growth in Israel: A Multivariate Approach," International Review of Environmental and Resource Economics, now publishers, vol. 14(4), pages 417-491, December.
- Magazzino, Cosimo & Mele, Marco, 2021. "On the relationship between transportation infrastructure and economic development in China," Research in Transportation Economics, Elsevier, vol. 88(C).
- Bozoklu, Seref & Yilanci, Veli & Gorus, Muhammed Sehid, 2020. "Persistence in per capita energy consumption: A fractional integration approach with a Fourier function," Energy Economics, Elsevier, vol. 91(C).
- Abdulkadir Abdulrashid Rafindadi & Ojonugwa Usman, 2021. "Toward sustainable electricity consumption in Brazil: the role of economic growth, globalization and ecological footprint using a nonlinear ARDL approach," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 64(5), pages 905-929, April.
- Andrews, Donald W K & Chen, Hong-Yuan, 1994. "Approximately Median-Unbiased Estimation of Autoregressive Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 12(2), pages 187-204, April.
- Dagher, Leila & Yacoubian, Talar, 2012.
"The causal relationship between energy consumption and economic growth in Lebanon,"
Energy Policy, Elsevier, vol. 50(C), pages 795-801.
- Dagher, Leila & yacoubian, talar, 2011. "The causal relationship between energy consumption and economic growth in Lebanon," MPRA Paper 116124, University Library of Munich, Germany.
- Artūras Juodis & Yiannis Karavias & Vasilis Sarafidis, 2021.
"A homogeneous approach to testing for Granger non-causality in heterogeneous panels,"
Empirical Economics, Springer, vol. 60(1), pages 93-112, January.
- Juodis, Arturas & Karavias, Yiannis & Sarafidis, Vasilis, 2020. "A Homogeneous Approach to Testing for Granger Non-Causality in Heterogeneous Panels," MPRA Paper 102992, University Library of Munich, Germany.
- Arturas Juodis & Yiannis Karavias & Vasilis Sarafidis, 2020. "A Homogeneous Approach to Testing for Granger Non-Causality in Heterogeneous Panels," Monash Econometrics and Business Statistics Working Papers 32/20, Monash University, Department of Econometrics and Business Statistics.
- Bayer Christian & Jüßen Falko, 2007.
"Convergence in West German Regional Unemployment Rates,"
German Economic Review, De Gruyter, vol. 8(4), pages 510-535, December.
- Christian Bayer & Falko Jüßen, 2007. "Convergence in West German Regional Unemployment Rates," German Economic Review, Verein für Socialpolitik, vol. 8(4), pages 510-535, November.
- Christian Bayer & Falko Juessen, 2004. "Convergence in West German Regional Unemployment Rates," Urban/Regional 0411007, University Library of Munich, Germany.
- Bayer, Christian & Juessen, Falko, 2006. "Convergence in West German Regional Unemployment Rates," Technical Reports 2006,39, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
- Falko Juessen & Christian Bayer, 2005. "Convergence in West German Regional Unemployment Rates," ERSA conference papers ersa05p410, European Regional Science Association.
- Bernard, Andrew B. & Durlauf, Steven N., 1996.
"Interpreting tests of the convergence hypothesis,"
Journal of Econometrics, Elsevier, vol. 71(1-2), pages 161-173.
- Bernard, A.B. & Durlauf, S.N., 1994. "Interpreting Tests of the Convergence Hypothesis," Working papers 9401r, Wisconsin Madison - Social Systems.
- Andrew B. Bernard & Steven N. Durlauf, 1994. "Interpreting Tests of the Convergence Hypothesis," NBER Technical Working Papers 0159, National Bureau of Economic Research, Inc.
- Bruce E. Hansen, 1999.
"The Grid Bootstrap And The Autoregressive Model,"
The Review of Economics and Statistics, MIT Press, vol. 81(4), pages 594-607, November.
- Hansen,B.E., 1998. "The grid bootstrap and the autoregressive model," Working papers 26, Wisconsin Madison - Social Systems.
- Rafindadi, Abdulkadir Abdulrashid, 2016. "Revisiting the concept of environmental Kuznets curve in period of energy disaster and deteriorating income: Empirical evidence from Japan," Energy Policy, Elsevier, vol. 94(C), pages 274-284.
- 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.
- Vinod Mishra & Russell Smyth, 2016. "Conditional Convergence in Australia's Energy Consumption at the Sector Level," Monash Economics Working Papers 08-16, Monash University, Department of Economics.
- Magazzino, Cosimo & Mele, Marco & Schneider, Nicolas, 2021. "A D2C algorithm on the natural gas consumption and economic growth: Challenges faced by Germany and Japan," Energy, Elsevier, vol. 219(C).
- Cosimo Magazzino, 2017. "The relationship among economic growth, CO2 emissions, and energy use in the APEC countries: a panel VAR approach," Environment Systems and Decisions, Springer, vol. 37(3), pages 353-366, September.
- Abdulkadir Abdulrashid Rafindadi & Ilhan Ozturk, 2017. "Dynamic Effects of Financial Development, Trade Openness and Economic Growth on Energy Consumption: Evidence from South Africa," International Journal of Energy Economics and Policy, Econjournals, vol. 7(3), pages 74-85.
- Yu, Eden S. H. & Hwang, Been-Kwei, 1984. "The relationship between energy and GNP : Further results," Energy Economics, Elsevier, vol. 6(3), pages 186-190, July.
- Smyth, Russell & Narayan, Paresh Kumar, 2015. "Applied econometrics and implications for energy economics research," Energy Economics, Elsevier, vol. 50(C), pages 351-358.
- Giuseppe Cavaliere & Anton Skrobotov & A. M. Robert Taylor, 2019.
"Wild bootstrap seasonal unit root tests for time series with periodic nonstationary volatility,"
Econometric Reviews, Taylor & Francis Journals, vol. 38(5), pages 509-532, May.
- Skrobotov Anton & Cavaliere Giuseppe & Taylor Robert, 2016. "Wild Bootstrap Seasonal Unit Root Tests for Time Series with Periodic Non-Stationary Volatility," Working Papers wpaper-2016-269, Gaidar Institute for Economic Policy, revised 2016.
- Carlino, Gerald A. & Mills, Leonard, 1996.
"Testing neoclassical convergence in regional incomes and earnings,"
Regional Science and Urban Economics, Elsevier, vol. 26(6), pages 565-590, December.
- Gerald A. Carlino & Leonard O. Mills, 1993. "Testing neoclassical convergence in regional incomes and earnings," Working Papers 93-22, Federal Reserve Bank of Philadelphia.
- Politis, D. N. & Romano, Joseph P. & Wolf, Michael, 1997. "Subsampling for heteroskedastic time series," Journal of Econometrics, Elsevier, vol. 81(2), pages 281-317, December.
- Liew, Venus Khim-Sen & Chia, Ricky Chee-Jiun & Puah, Chin-Hong, 2009. "Does Hysteresis in Unemployment Occur in OECD Countries? Evidence from Parametric and Non-Parametric Panel Unit Roots Tests," MPRA Paper 9915, University Library of Munich, Germany.
- Maza, Adolfo & Villaverde, José, 2008. "The world per capita electricity consumption distribution: Signs of convergence?," Energy Policy, Elsevier, vol. 36(11), pages 4255-4261, November.
- Stock, James H., 1991.
"Confidence intervals for the largest autoregressive root in U.S. macroeconomic time series,"
Journal of Monetary Economics, Elsevier, vol. 28(3), pages 435-459, December.
- James H. Stock, 1991. "Confidence Intervals for the Largest Autoresgressive Root in U.S. Macroeconomic Time Series," NBER Technical Working Papers 0105, National Bureau of Economic Research, Inc.
- Jakob, Michael & Haller, Markus & Marschinski, Robert, 2012. "Will history repeat itself? Economic convergence and convergence in energy use patterns," Energy Economics, Elsevier, vol. 34(1), pages 95-104.
- Fallahi, Firouz & Karimi, Mohammad & Voia, Marcel-Cristian, 2016.
"Persistence in world energy consumption: Evidence from subsampling confidence intervals,"
Energy Economics, Elsevier, vol. 57(C), pages 175-183.
- Firouz Fallahi & Mohammad Karimi & Marcel-Cristian Voia, 2016. "Persistence in world energy consumption: Evidence from subsampling confidence intervals," Post-Print hal-04926573, HAL.
- Pesaran, M. Hashem, 2015. "Time Series and Panel Data Econometrics," OUP Catalogue, Oxford University Press, number 9780198759980, Decembrie.
- Apergis, Nicholas & Payne, James E., 2011. "A dynamic panel study of economic development and the electricity consumption-growth nexus," Energy Economics, Elsevier, vol. 33(5), pages 770-781, September.
- Yu, Sha & Yarlagadda, Brinda & Siegel, Jonas Elliott & Zhou, Sheng & Kim, Sonny, 2020. "The role of nuclear in China's energy future: Insights from integrated assessment," Energy Policy, Elsevier, vol. 139(C).
- Awaworyi Churchill, Sefa & Inekwe, John & Ivanovski, Kris, 2018. "Conditional convergence in per capita carbon emissions since 1900," Applied Energy, Elsevier, vol. 228(C), pages 916-927.
- Fallahi, Firouz, 2017. "Stochastic convergence in per capita energy use in world," Energy Economics, Elsevier, vol. 65(C), pages 228-239.
- 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.
- Cosimo Magazzino & Marco Mele & Nicolas Schneider & Guillaume Vallet, 2020. "The relationship between nuclear energy consumption and economic growth: evidence from Switzerland," Post-Print halshs-02951860, HAL.
- Menyah, Kojo & Wolde-Rufael, Yemane, 2010. "CO2 emissions, nuclear energy, renewable energy and economic growth in the US," Energy Policy, Elsevier, vol. 38(6), pages 2911-2915, June.
- Magazzino, Cosimo & Mele, Marco & Schneider, Nicolas, 2020. "The relationship between air pollution and COVID-19-related deaths: An application to three French cities," Applied Energy, Elsevier, vol. 279(C).
- Akinlo, A.E., 2008. "Energy consumption and economic growth: Evidence from 11 Sub-Sahara African countries," Energy Economics, Elsevier, vol. 30(5), pages 2391-2400, September.
- Apergis, Nicholas & Tsoumas, Chris, 2011. "Integration properties of disaggregated solar, geothermal and biomass energy consumption in the U.S," Energy Policy, Elsevier, vol. 39(9), pages 5474-5479, September.
- repec:bla:germec:v:8:y:2007:i::p:510-535 is not listed on IDEAS
- Cosimo Magazzino & Marco Mele & Nicolas Schneider, 2021. "Testing the convergence and the divergence in five Asian countries: from a GMM model to a new Machine Learning algorithm," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 49(6), pages 1002-1016, August.
- Payne, James E. & Vizek, Maruška & Lee, Junsoo, 2017. "Stochastic convergence in per capita fossil fuel consumption in U.S. states," Energy Economics, Elsevier, vol. 62(C), pages 382-395.
- Kemal Çag̃lar Gög̃ebakan & Burak Alparslan Eroglu, 2022. "Non-parametric seasonal unit root tests under periodic non-stationary volatility," Computational Statistics, Springer, vol. 37(5), pages 2581-2636, November.
- Zachariadis, Theodoros, 2007. "Exploring the relationship between energy use and economic growth with bivariate models: New evidence from G-7 countries," Energy Economics, Elsevier, vol. 29(6), pages 1233-1253, November.
- Breitung, Jorg, 2002. "Nonparametric tests for unit roots and cointegration," Journal of Econometrics, Elsevier, vol. 108(2), pages 343-363, June.
- Mishra, Vinod & Sharma, Susan & Smyth, Russell, 2009. "Are fluctuations in energy consumption per capita transitory? Evidence from a panel of Pacific Island countries," Energy Policy, Elsevier, vol. 37(6), pages 2318-2326, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Simionescu, Mihaela, 2022. "Stochastic convergence in per capita energy use in the EU-15 countries. The role of economic growth," Applied Energy, Elsevier, vol. 322(C).
- Fallahi, Firouz & Voia, Marcel-Cristian, 2015.
"Convergence and persistence in per capita energy use among OECD countries: Revisited using confidence intervals,"
Energy Economics, Elsevier, vol. 52(PA), pages 246-253.
- Firouz Fallahi & Marcel-Cristian Voia, 2015. "Convergence and persistence in per capita energy use among OECD countries: Revisited using confidence intervals," Post-Print hal-04926589, HAL.
- Kassouri, Yacouba, 2022. "Boom-bust cycles in oil consumption: The role of explosive bubbles and asymmetric adjustments," Energy Economics, Elsevier, vol. 111(C).
- Ivanovski, Kris & Awaworyi Churchill, Sefa & Smyth, Russell, 2018. "A club convergence analysis of per capita energy consumption across Australian regions and sectors," Energy Economics, Elsevier, vol. 76(C), pages 519-531.
- Fallahi, Firouz, 2017. "Stochastic convergence in per capita energy use in world," Energy Economics, Elsevier, vol. 65(C), pages 228-239.
- Romero-Ávila, Diego & Omay, Tolga, 2022. "Convergence of per capita energy consumption around the world: New evidence from nonlinear panel unit root tests," Energy Economics, Elsevier, vol. 111(C).
- Firouz Fallahi, 2019. "Persistence and stationarity of sectoral energy consumption in the US: A confidence interval approach," Energy & Environment, , vol. 30(5), pages 882-897, August.
- Akram, Vaseem & Rath, Badri Narayan & Sahoo, Pradipta Kumar, 2020. "Stochastic conditional convergence in per capita energy consumption in India," Economic Analysis and Policy, Elsevier, vol. 65(C), pages 224-240.
- 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.
- Vinod Mishra & Russell Smyth, 2016. "Conditional Convergence in Australia's Energy Consumption at the Sector Level," Monash Economics Working Papers 08-16, Monash University, Department of Economics.
- Schneider, Nicolas & Strielkowski, Wadim, 2023. "Modelling the unit root properties of electricity data—A general note on time-domain applications," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 618(C).
- Cai, Yifei & Menegaki, Angeliki N., 2019. "Fourier quantile unit root test for the integrational properties of clean energy consumption in emerging economies," Energy Economics, Elsevier, vol. 78(C), pages 324-334.
- Cosimo Magazzino & Marco Mele & Giovanna Morelli, 2021. "The Relationship between Renewable Energy and Economic Growth in a Time of Covid-19: A Machine Learning Experiment on the Brazilian Economy," Sustainability, MDPI, vol. 13(3), pages 1-22, January.
- Mohamad Husam Helmi & Abdurrahman Nazif Catik & Nuran Coskun & Esra Balli & Ciler Sigeze, 2023. "Renewable Energy Consumption Convergence in G-7 Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 203-210, November.
- Magazzino, Cosimo & Mele, Marco & Schneider, Nicolas, 2021. "A D2C algorithm on the natural gas consumption and economic growth: Challenges faced by Germany and Japan," Energy, Elsevier, vol. 219(C).
- Liu, Tie-Ying & Lee, Chien-Chiang, 2020. "Convergence of the world’s energy use," Resource and Energy Economics, Elsevier, vol. 62(C).
- Ahmed Qahtan, Anwar Saeed & Xu, Helian & Abdo, AL-Barakani, 2021. "Stochastic convergence of disaggregated energy consumption per capita and its catch-up rate: An independent analysis of MENA net oil-exporting and importing countries," Energy Policy, Elsevier, vol. 150(C).
- Lei Pan & Svetlana Maslyuk-Escobedo, 2017. "Stochastic convergence in per capita energy consumption and its catch-up rate: Evidence from 26 African countries," Monash Economics Working Papers 16-17, Monash University, Department of Economics.
- Bello, Mufutau Opeyemi & Ch'ng, Kean Siang, 2022. "Convergence in energy intensity of GDP: Evidence from West African countries," Energy, Elsevier, vol. 254(PA).
- Atanu Ghoshray & Issam Malki, 2021. "The share of the global energy mix: Signs of convergence?," Bulletin of Economic Research, Wiley Blackwell, vol. 73(1), pages 34-50, January.
- Wang, Na & Fu, Xiaodong & Wang, Shaobin & Yang, Hao & Li, Zhen, 2022. "Convergence characteristics and distribution patterns of residential electricity consumption in China: An urban-rural gap perspective," Energy, Elsevier, vol. 254(PB).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pone00:0271345. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.