Published February 2017 | Version v1
Journal article

Stochastic convergence in per capita fossil fuel consumption in U.S. states

  • 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.2016.03.023

Additional 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.