Are fluctuations in energy consumption per capita transitory? Evidence from a panel of Pacific Island countries

被引：114

作者：

Mishra, Vinod ^{[2
]}

Sharma, Susan ^{[3
]}

Smyth, Russell ^{[1
]}

机构：

[1] Monash Univ, Dept Econ, Caulfield, Vic 3145, Australia

[2] Monash Univ, Dept Econ, Clyde Rd Berwick, Vic 3086, Australia

[3] Univ S Pacific, Sch Econ, Suva, Fiji

来源：

ENERGY POLICY | 2009年 / 37卷 / 06期

关键词：

Energy consumption; Panel stationarity; Pacific islands; OIL PRICE SHOCKS; RENEWABLE ENERGY; ELECTRICITY CONSUMPTION; ECONOMIC-GROWTH; SOUTH-PACIFIC; GREAT CRASH; CRUDE-OIL; GDP; PERMANENT; TEMPORARY;

D O I：

10.1016/j.enpol.2009.02.022

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study applies the panel stationarity test developed by [Carrion-i-Silvestre et al 2005. Breaking the panels: An application to GDP per capita. Econometrics journal 8, 159-175] to examine the stationarity of energy consumption per capita for a panel of 13 Pacific Island countries over the period 1980-2005. This test has the advantage that it allows for multiple structural breaks at unknown dates that can differ across countries and can account for all forms of cross-sectional correlation between countries. The conclusion from the study is that energy consumption per capita in approximately 60% of countries is stationary and that energy consumption per capita for the panel as a whole is stationary. The study offers several suggestions for modelling energy consumption and policy-making in the Pacific Islands. (C) 2009 Elsevier Ltd. All rights reserved.

引用

页码：2318 / 2326

页数：9

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