273
Views
22
CrossRef citations to date
0
Altmetric
Original Articles

Conditional convergence in US disaggregated petroleum consumption at the sector level

, &

References

  • Anorou, E., and W. R. DiPietro. 2014. “Convergence in per Capita Energy Consumption among African Countries: Evidence from a Sequential Panel Selection Method.” International Journal of Energy Economics and Policy 4 (4).
  • Apergis, N., and C. Christou. 2016. “Energy Productivity Convergence: New Evidence from Club Converging.” Applied Economics Letters 23 (2): 142–145.
  • Apergis, N., and J. E. Payne. 2010. “Structural Breaks and Petroleum Consumption in US States: Are Shocks Transitory or Permanent?” Energy Policy 38: 6375–6378. doi:10.1016/j.enpol.2010.06.015.
  • Beaulieu, J., and J. Miron. 1993. “Seasonal Unit Roots in Aggregate U.S. Data.” Journal of Econometrics 55 (1–2): 305–328. doi:10.1016/0304-4076(93)90018-Z.
  • Depalo, D. 2009. “A Seasonal Unit-Root Test with Stata.” Stata Journal 9 (3): 422–438.
  • (EIA) Energy Information Administration. 2015. Annual Energy Outlook 2015. Washington DC: United States Department of Energy.
  • Fallahi, F., and M. Voia. 2015. “Convergence and Persistence in per Capita Energy Use among OECD Countries: Revisited Using Confidence Intervals.” Energy Economics. 52: 246–253.
  • Hylleberg, S., R. F. Engle, C. W. J. Granger, and B. S. Yoo. 1990. “Seasonal Integration and Cointegration.” Journal of Econometrics 44 (1–2): 215–238. doi:10.1016/0304-4076(90)90080-D.
  • Kapetanios, G. 2005. “Unit-Root Testing against the Alternative Hypothesis of up to M Structural Breaks.” Journal of Time Series Analysis 26: 123–133. doi:10.1111/jtsa.2005.26.issue-1.
  • Kim, K., and P. Schmidt. 1993. “Unit Root Tests with Conditional Heteroskedasticity.” Journal of Econometrics 59: 287–300. doi:10.1016/0304-4076(93)90027-3.
  • Knittel, C. R. 2012. “Reducing Petroleum Consumption from Transportation.” Journal of Economic Perspectives 26 (1): 93–118. doi:10.1257/jep.26.1.93.
  • Lean, H. H., V. Mishra, and R. Smyth. 2015. “The Relevance of Heteroskedasticity and Structural Breaks When Testing for a Random Walk with High Frequency Financial Data: Evidence from ASEAN Stock Markets.” In Handbook of High Frequency Trading, edited by Gregoriou, G., 59–74. Amsterdam: Elsevier.
  • Lean, H. H., and R. Smyth. 2015. “Testing for Weak-Form Efficiency of Crude Palm Oil Spot and Future Markets: New Evidence from a GARCH Unit Root Test with Multiple Structural Breaks.” Applied Economics 47: 1710–1721. doi:10.1080/00036846.2014.1002905.
  • Lee, J., and M. C. Strazicich. 2003. “Minimum Lagrange Multiplier Unit Root Test with Two Structural Breaks.” Review of Economics and Statistics 85: 1082–1089. doi:10.1162/003465303772815961.
  • Lumsdaine, R., and D. Papell. 1997. “Multiple Trend Breaks and the Unit Root Hypothesis.” Review of Economics and Statistics 79: 212–218. doi:10.1162/003465397556791.
  • Meng, M., J. E. Payne, and J. Lee. 2013. “Convergence in per Capita Energy Use among OECD Countries.” Energy Economics 36: 536–545. doi:10.1016/j.eneco.2012.11.002.
  • Mishra, A., V. Mishra, and R. Smyth. 2015. “The Random Walk Hypothesis on the Indian Stock Market.” Emerging Markets, Finance and Trade 51 (5): 879–892. doi:10.1080/1540496X.2015.1061380.
  • Mishra, V., and R. Smyth. 2014a. “Convergence in Energy Consumption per Capita among ASEAN Countries.” Energy Policy 73: 180–185. doi:10.1016/j.enpol.2014.06.006.
  • Mishra, V., and R. Smyth. 2014b. “Is Monthly US Natural Gas Consumption Stationary? New Evidence from a GARCH Unit Root Test with Structural Breaks.” Energy Policy 69: 258–262. doi:10.1016/j.enpol.2014.03.033.
  • Narayan, P. K., and R. Liu. 2011. “Are Shocks to Commodity Prices Persistent?” Applied Energy 88: 409–416. doi:10.1016/j.apenergy.2010.07.032.
  • Narayan, P. K., R. Liu, and J. Westerlund. 2015. New Evidence on the Weak-Form Efficient Market Hypothesis. Working Paper, Deakin University: Centre for Financial Econometrics.
  • Narayan, P. K., and S. Popp. 2010. “A New Unit Root Test with Two Structural Breaks in Level and Slope at Unknown Time.” Journal of Applied Statistics 37: 1425–1438. doi:10.1080/02664760903039883.
  • Narayan, P. K., and S. Popp. 2013. “Size and Power Properties of Structural Break Unit Root Tests.” Applied Economics 45: 721–728. doi:10.1080/00036846.2011.610752.
  • Narayan, P. K., and R. Smyth. 2007. “Are Shocks to Energy Consumption Permanent or Temporary? Evidence from 182 Countries.” Energy Policy 35: 333–341. doi:10.1016/j.enpol.2005.11.027.
  • Osborn, D. R., S. Heravi, and C. R. Birchenhall. 1999. “Seasonal Unit Roots and Forecasts of Two-Digit European Industrial Production.” International Journal of Forecasting 15 (1): 27–47. doi:10.1016/S0169-2070(98)00055-7.
  • Payne, J. E., S. Miller, J. Lee, and M. H. Cho. 2014. “Convergence of per Capita Sulphur Dioxide Emissions across US States.” Applied Economics 46 (11): 1202–1211. doi:10.1080/00036846.2013.868588.
  • Perron, P. 1989. “The Great Crash, the Oil Price Shock and the Unit Root Hypothesis.” Econometrica 57: 1361–1401. doi:10.2307/1913712.
  • Salisu, A. A., and I. O. Fasanya. 2013. “Modelling Oil Price Volatility with Structural Breaks.” Energy Policy 52: 554–562. doi:10.1016/j.enpol.2012.10.003.
  • Salisu, A. A., and H. Mobolaji. 2013. “Modeling Returns and Volatility Transmission between Oil Price and US-Nigeria Exchange Rate.” Energy Economics 39: 169–176. doi:10.1016/j.eneco.2013.05.003.
  • Smyth, R. 2013. “Are Fluctuations in Energy Variables Permanent or Transitory? A Survey of the Literature on the Integration Properties of Energy Consumption and Production.” Applied Energy 104: 371–378. doi:10.1016/j.apenergy.2012.10.069.
  • Smyth, R., and P. K. Narayan. 2015. “Applied Econometrics and Implications for Energy Economics Research.” Energy Economics 50: 351–358. doi:10.1016/j.eneco.2014.07.023.
  • Yang, H.-Y. 2000.”A Note on the Causal Relationship between Energy and GDP in Taiwan.” Energy Economics 22: 309–317. doi:10.1016/S0140-9883(99)00044-4.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.