Published February 2017
| Version v1
Journal article
Stochastic convergence in per capita fossil fuel consumption in U.S. states
Creators
- 1. J. Whitney Bunting College of Business, Georgia College & State University, Milledgeville, GA 31061 (United States)
- 2. The Institute of Economics Zagreb, Zagreb (Croatia)
- 3. Department of Economics, Finance and Legal Studies, University of Alabama, Tuscaloosa, AL 35486 (United States)
Description
This study examines the stochastic convergence of per capita fossil fuel consumption across U.S. states (including the District of Columbia) utilizing LM and RALS-LM unit root tests with allowance for endogenously determined structural breaks. Our results indicate that with the exception of Nevada, the evidence from two-break and one-break LM and RALS-LM unit root tests rejects the null hypothesis of a unit root in the relative per capita fossil fuel consumption in the U.S. This finding indicates the presence of stochastic convergence in relative per capita fossil fuel consumption in the U.S. states.
Availability note (English)
Available from http://dx.doi.org/10.1016/j.eneco.2016.03.023Additional details
Identifiers
- DOI
- 10.1016/j.eneco.2016.03.023;
- PII
- S0140-9883(16)30061-5;
Publishing Information
- Journal Title
- Energy Economics
- Journal Volume
- 62
- Journal Page Range
- p. 382-395
- ISSN
- 0140-9883
- CODEN
- EECODR
INIS
- Country of Publication
- United Kingdom
- Country of Input or Organization
- International Atomic Energy Agency (IAEA)
- INIS RN
- 48079549
- Subject category
- S29: ENERGY PLANNING, POLICY AND ECONOMY;
- Descriptors DEI
- CONVERGENCE; FOSSIL FUELS; FUEL CONSUMPTION; HYPOTHESIS; NEVADA; STOCHASTIC PROCESSES; USA
- Descriptors DEC
- DEVELOPED COUNTRIES; ENERGY CONSUMPTION; ENERGY SOURCES; FUELS; NORTH AMERICA; USA
Optional Information
- Copyright
- Copyright (c) 2016 Elsevier Science B.V., Amsterdam, The Netherlands, All rights reserved.