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

Mishra, V. and Sharma, Susan and Smyth, R. (2009) Are fluctuations in energy consumption per capita transitory? Evidence from a panel of Pacific Island countries. Energy Policy, 37 (6). pp. 2318-2326. ISSN 0301-4215

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Abstract

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.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Business and Economics (FBE) > School of Economics
Depositing User: Ms Neha Harakh
Date Deposited: 24 May 2009 14:15
Last Modified: 20 Jul 2012 16:44
URI: http://repository.usp.ac.fj/id/eprint/1096
UNSPECIFIED

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