Energy intensity convergence in OECD countries

被引：13

作者：

Kiran, Burcu ^{[1
]}

机构：

[1] Istanbul Univ, Fac Econ, Dept Econometr, Istanbul, Turkey

来源：

ENERGY EXPLORATION & EXPLOITATION | 2013年 / 31卷 / 02期

关键词：

Energy intensity; Convergence; Fractional cointegration; OECD countries; FRACTIONAL COINTEGRATION;

D O I：

10.1260/0144-5987.31.2.237

中图分类号：

TE [石油、天然气工业]; TK [能源与动力工程];

学科分类号：

0807 ; 0820 ;

摘要：

This paper investigates the energy intensity convergence for 21 OECD countries over the period 1980-2010. To achieve this aim, fractional cointegration definition suggested by Cheung and Lai (1993), which requires only a mean reverting (d < 1) relationship between a set of 1(1) variables, is used. Following their suggestion, we employ Geweke and Porter-Hudak test for estimating the fractional parameter of the residuals obtained from cointegrating regressions. The results reveal the presence of energy intensity convergence for 9 countries namely Canada, Chile, Denmark, Finland, Germany, Iceland, Ireland, the Netherlands and Turkey.

引用

页码：237 / 247

页数：11

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