Narayan, Paresh Kumar; Smyth, Russell - Department of Econometrics and Business Statistics, … - 2005
This paper applies univariate and panel data unit root tests to annual panel data for 182 countries over the period 1979-2000 to examine the stationarity properties of per capita energy consumption. The univariate unit root test can only reject the unit root null for 29 per cent of the countries...