Divergence in Per Capita Electric Power Consumption: An African Perspective

Vishal Chandr Jaunky ()

Applied Econometrics and International Development, 2008, vol. 8, issue 2, 137-150

Abstract: This paper tests for convergence in relative per capita electric power consumption for 22 African countries, covering the period 1971-2002. Parametric techniques which are regressions and unit root tests are used. Neoclassical convergence hypothesis such as the ?-convergence is rejected while evidence in support of ?-convergence is obtained. Stochastic convergence is further investigated by applying a battery of time-series and panel unit roots tests. Strong evidence of stochastic divergence is found after controlling for cross-sectional dependence. Finally, non-parametric techniques based on kernels reveal some evidence of club-formation.

Keywords: Convergence; Electric Power Consumption; Panel Unit Root Tests; Distribution Dynamics; Africa. (search for similar items in EconPapers)
JEL-codes: C23 Q41 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (4)

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