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

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.

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Year of publication:	2012-09-24
Authors:	Muhammad, Shahbaz ; Tiwari, Aviral Kumar ; Khan, Saleheen
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Energy Consumption \| Panel Unit Root Test

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	Q4 - Energy
Source:	RePEc - Research Papers in Economics

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