Is Energy Consumption Per Capita Stationary? Evidence from First and Second Generation Panel Unit Root Tests

Muhammad Shahbaz, Aviral Tiwari and Saleheen Khan

MPRA Paper from University Library of Munich, Germany

Abstract: This paper investigates the unit root properties of energy consumption per capita of 103 high, middle and low income countries using first and second generation panel unit root tests. Our results indicate that energy consumption per capita contains stationary process in all groups of countries. This suggests that short run energy policies should be followed to sustain economic growth and to fulfill energy demand.

Keywords: Energy Consumption; Panel Unit Root Test (search for similar items in EconPapers)
JEL-codes: Q4 (search for similar items in EconPapers)
Date: 2012-09-24, Revised 2012-09-27
New Economics Papers: this item is included in nep-ene and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Journal Article: Is energy consumption per capita stationary? Evidence from first and second generation panel unit root tests (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:41607

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