Are fluctuations in coal consumption transitory or permanent? Evidence from a panel of US states

被引：68
|
作者：
Apergis, Nicholas [3 ]
Loomis, David [2 ]
Payne, James E. [1 ]
机构：
[1] Illinois State Univ, Coll Arts & Sci, Normal, IL 61790 USA
[2] Illinois State Univ, Dept Econ, Normal, IL 61790 USA
[3] Univ Piraeus, Dept Banking & Financial Management, Athens 18534, Greece
来源：
APPLIED ENERGY | 2010年 / 87卷 / 07期
关键词：
Coal consumption; Panel unit root; Structural breaks; UNIT-ROOT; PER-CAPITA; COUNTRIES; TEMPORARY; SHOCKS; TESTS;
D O I：
10.1016/j.apenergy.2009.12.005
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 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. (C) 2009 Elsevier Ltd. All rights reserved.
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页码：2424 / 2426
页数：3
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