Dynamic Asymmetries in the Electric Consumption of the GCC Countries

Mohamed Osman
Additional contact information
Mohamed Osman: Department of Economics and Statistics, University of Dubai, Dubai, UAE.
Authors registered in the RePEc Author Service: Tanattrin Bunnag ()

International Journal of Energy Economics and Policy, 2015, vol. 5, issue 2, 461-467

Abstract: This paper aims to achieve two fundamental objectives. First, we examine whether the electric consumption of the GCC countries exhibit any form of non-linearity that is of economic interest. In this context, we use the BDS test in order to determine the absence or presence of linear or non-linear dependence. The test results indicate that there is a substantial non-linear dependence in all the series of the countries in the region. In the second objective, we investigate the asymmetric properties of the electric consumption of these countries. In particular, we explore two types of asymmetry: deepness and steepness. The test results indicate that there is a strong corroborative evidence of asymmetric deepness and steepness relative to trend in these countries electric consumption variable.

Keywords: Electric Consumption; Business Cycle Asymmetry; GCC Countries (search for similar items in EconPapers)
JEL-codes: E21 E32 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.econjournals.com/index.php/ijeep/article/download/1114/651 (application/pdf)
http://www.econjournals.com/index.php/ijeep/article/view/1114/651 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2015-02-09

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().