메뉴 건너뛰기




Volumn 86, Issue 12, 2009, Pages 2771-2775

A panel data analysis of the determinants of oil consumption: The case of Australia

Author keywords

Oil consumption; Panel cointegration

Indexed keywords

TECHNOLOGY;

EID: 68849114294     PISSN: 03062619     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.apenergy.2009.04.035     Document Type: Article
Times cited : (34)

References (40)
  • 1
    • 58149084324 scopus 로고    scopus 로고
    • Electricity consumption and economic growth, the case of Lebanon
    • Abosedra S., Dah A., and Ghosh S. Electricity consumption and economic growth, the case of Lebanon. Appl Energy 86 (2009) 429-432
    • (2009) Appl Energy , vol.86 , pp. 429-432
    • Abosedra, S.1    Dah, A.2    Ghosh, S.3
  • 2
    • 84881371009 scopus 로고    scopus 로고
    • Australian Bureau of Agricultural and Resource Economics Abare, Available from
    • Australian Bureau of Agricultural and Resource Economics (Abare). ABARE Energy Update 2006; 2006. Available from: http://www.abareconomics.com.
    • (2006) ABARE Energy Update
  • 4
    • 55349134572 scopus 로고    scopus 로고
    • A new approach to characterizing and forecasting electricity price volatility
    • Chan K.F., Gray P., and van Campen B. A new approach to characterizing and forecasting electricity price volatility. Int J Forecasting 24 (2008) 728-743
    • (2008) Int J Forecasting , vol.24 , pp. 728-743
    • Chan, K.F.1    Gray, P.2    van Campen, B.3
  • 5
    • 33947717229 scopus 로고    scopus 로고
    • Is energy consumption per capita broken stationary? New evidence from regional based panels
    • Chen P.F., and Lee C.-C. Is energy consumption per capita broken stationary? New evidence from regional based panels. Energy Policy 35 (2007) 3526-3540
    • (2007) Energy Policy , vol.35 , pp. 3526-3540
    • Chen, P.F.1    Lee, C.-C.2
  • 6
    • 39749184128 scopus 로고    scopus 로고
    • Oil prices, inflation and interest rates in a structural cointegrated VAR model for the G-7 Countries
    • Cologni A., and Manera M. Oil prices, inflation and interest rates in a structural cointegrated VAR model for the G-7 Countries. Energy Econ 30 (2008) 856-888
    • (2008) Energy Econ , vol.30 , pp. 856-888
    • Cologni, A.1    Manera, M.2
  • 7
    • 0006851560 scopus 로고
    • Elasticities of demand for crude oil: a note
    • Cooper J.C.B. Elasticities of demand for crude oil: a note. OPEC Rev 16 (1992) 341-345
    • (1992) OPEC Rev , vol.16 , pp. 341-345
    • Cooper, J.C.B.1
  • 8
    • 33646721057 scopus 로고    scopus 로고
    • Price elasticities of demand for crude oil: estimates for 23 countries
    • Cooper J.C.B. Price elasticities of demand for crude oil: estimates for 23 countries. OPEC Rev 27 (2003) 1-8
    • (2003) OPEC Rev , vol.27 , pp. 1-8
    • Cooper, J.C.B.1
  • 9
    • 0242669934 scopus 로고    scopus 로고
    • Do oil price shocks matter? Evidence for some European countries
    • Cunado J., and de Gracia F.P. Do oil price shocks matter? Evidence for some European countries. Energy Econ 25 (2003) 137-154
    • (2003) Energy Econ , vol.25 , pp. 137-154
    • Cunado, J.1    de Gracia, F.P.2
  • 10
    • 0027714195 scopus 로고
    • A survey of oil product demand elasticities for developing countries
    • Dahl C. A survey of oil product demand elasticities for developing countries. OPEC Rev 17 (1993) 399-419
    • (1993) OPEC Rev , vol.17 , pp. 399-419
    • Dahl, C.1
  • 11
    • 0028551702 scopus 로고
    • A survey of oil product demand elasticities for developing countries
    • Dahl C. A survey of oil product demand elasticities for developing countries. OPEC Rev 18 (1994) 47-86
    • (1994) OPEC Rev , vol.18 , pp. 47-86
    • Dahl, C.1
  • 12
    • 0037411664 scopus 로고    scopus 로고
    • The linkage between oil price shocks and economic growth with inflation in the presence of technological advances: a CGE model
    • Doroodian K., and Boyd R. The linkage between oil price shocks and economic growth with inflation in the presence of technological advances: a CGE model. Energy Policy 31 (2003) 989-1006
    • (2003) Energy Policy , vol.31 , pp. 989-1006
    • Doroodian, K.1    Boyd, R.2
  • 13
    • 84881376716 scopus 로고    scopus 로고
    • Geoscience Australia. Oil and gas resources of Australia (2004) Geoscience Australia. Canberra; 2006.
    • Geoscience Australia. Oil and gas resources of Australia (2004) Geoscience Australia. Canberra; 2006.
  • 14
    • 0023798512 scopus 로고
    • Domestic appliance energy usage in Western Australia
    • Goldschmidt P. Domestic appliance energy usage in Western Australia. Energy Econ April (1988) 155-162
    • (1988) Energy Econ , Issue.April , pp. 155-162
    • Goldschmidt, P.1
  • 15
    • 52049124472 scopus 로고    scopus 로고
    • Stochastic price modelling of high volatility, mean-reverting, spike-prone commodities: the Australian wholesale spot electricity market
    • Higgs H., and Worthington A. Stochastic price modelling of high volatility, mean-reverting, spike-prone commodities: the Australian wholesale spot electricity market. Energy Econ 30 (2005) 3172-3185
    • (2005) Energy Econ , vol.30 , pp. 3172-3185
    • Higgs, H.1    Worthington, A.2
  • 16
    • 49049126284 scopus 로고
    • Energy consumption in Australia: evidence from a generalised working model
    • Hoa T.V., Ironmonger D.S., and Manning I. Energy consumption in Australia: evidence from a generalised working model. Econ Lett 12 (1983) 383-389
    • (1983) Econ Lett , vol.12 , pp. 383-389
    • Hoa, T.V.1    Ironmonger, D.S.2    Manning, I.3
  • 17
    • 0025634992 scopus 로고
    • Some general equilibrium effects of declining crude oil production in Australia
    • Hogan L., and Naughten B. Some general equilibrium effects of declining crude oil production in Australia. Energy Econ (1990) 242-250
    • (1990) Energy Econ , pp. 242-250
    • Hogan, L.1    Naughten, B.2
  • 18
    • 13844298942 scopus 로고    scopus 로고
    • Empirical observations of bidding patterns in Australia's National electricity market
    • Hu X., Grozev G., and Batten D. Empirical observations of bidding patterns in Australia's National electricity market. Energy Policy 33 (2005) 2075-2086
    • (2005) Energy Policy , vol.33 , pp. 2075-2086
    • Hu, X.1    Grozev, G.2    Batten, D.3
  • 19
    • 48049083564 scopus 로고    scopus 로고
    • Revisited: are shocks to energy consumption permanent or stationary? New evidence from a panel SURADF approach
    • Hsu Y.C., Lee C.-C., and Lee C.-C. Revisited: are shocks to energy consumption permanent or stationary? New evidence from a panel SURADF approach. Energy Econ 30 (2008) 2314-2330
    • (2008) Energy Econ , vol.30 , pp. 2314-2330
    • Hsu, Y.C.1    Lee, C.-C.2    Lee, C.-C.3
  • 20
    • 0013498103 scopus 로고    scopus 로고
    • Testing for unit roots in heterogeneous panels
    • Im K.S., Pesaran M.H., and Shin Y. Testing for unit roots in heterogeneous panels. J Economet 115 (2003) 53-74
    • (2003) J Economet , vol.115 , pp. 53-74
    • Im, K.S.1    Pesaran, M.H.2    Shin, Y.3
  • 21
    • 44349180265 scopus 로고    scopus 로고
    • Causality relationship between coal consumption and GDP: differences of major OECD and non-OECD countries
    • Jinke L., Hualing S., and Dianming G. Causality relationship between coal consumption and GDP: differences of major OECD and non-OECD countries. Appl Energy 85 (2008) 421-429
    • (2008) Appl Energy , vol.85 , pp. 421-429
    • Jinke, L.1    Hualing, S.2    Dianming, G.3
  • 22
    • 0345363046 scopus 로고    scopus 로고
    • the Australian dollar-US dollar exchange rate using cointegration techniques
    • Karfakis C., and Phipps A. the Australian dollar-US dollar exchange rate using cointegration techniques. Rev Int Econ 7 (1999) 265-279
    • (1999) Rev Int Econ , vol.7 , pp. 265-279
    • Karfakis, C.1    Phipps, A.2
  • 23
    • 0027754434 scopus 로고
    • Energy forecasts for Western Australia, 1992-2010
    • Lee R.C., and Weber E.J. Energy forecasts for Western Australia, 1992-2010. Energy Econ (1993) 111-122
    • (1993) Energy Econ , pp. 111-122
    • Lee, R.C.1    Weber, E.J.2
  • 24
    • 37349132380 scopus 로고    scopus 로고
    • Energy consumption and economic growth in Asian economies: a more comprehensive analysis using panel data
    • Lee C.-C., and Chang C.-P. Energy consumption and economic growth in Asian economies: a more comprehensive analysis using panel data. Resource Energy Econ 30 (2008) 50-65
    • (2008) Resource Energy Econ , vol.30 , pp. 50-65
    • Lee, C.-C.1    Chang, C.-P.2
  • 25
    • 56949095873 scopus 로고    scopus 로고
    • Non-linear unit root properties of crude oil production
    • Maslyuk S., and Smyth R. Non-linear unit root properties of crude oil production. Energy Econ 31 (2009) 109-118
    • (2009) Energy Econ , vol.31 , pp. 109-118
    • Maslyuk, S.1    Smyth, R.2
  • 26
    • 64749087888 scopus 로고    scopus 로고
    • Are fluctuations in energy consumption per capita transitory? Evidence from a panel of Pacific Island Countries
    • Mishra V., Sharma S., and Smyth R. Are fluctuations in energy consumption per capita transitory? Evidence from a panel of Pacific Island Countries. Energy Policy 37 (2009) 2318-2326
    • (2009) Energy Policy , vol.37 , pp. 2318-2326
    • Mishra, V.1    Sharma, S.2    Smyth, R.3
  • 27
    • 11244317347 scopus 로고    scopus 로고
    • Electricity consumption, employment and real income in Australia: evidence from multivariate Granger causality tests
    • Narayan P.K., and Smyth R. Electricity consumption, employment and real income in Australia: evidence from multivariate Granger causality tests. Energy Policy 33 (2005) 1109-1116
    • (2005) Energy Policy , vol.33 , pp. 1109-1116
    • Narayan, P.K.1    Smyth, R.2
  • 28
    • 4143081383 scopus 로고    scopus 로고
    • The residential demand for electricity in Australia: an application of the bounds testing approach to cointegration
    • Narayan P.K., and Smyth R. The residential demand for electricity in Australia: an application of the bounds testing approach to cointegration. Energy Policy 33 (2005) 467-474
    • (2005) Energy Policy , vol.33 , pp. 467-474
    • Narayan, P.K.1    Smyth, R.2
  • 29
    • 35648998080 scopus 로고    scopus 로고
    • A panel cointegration analysis of the demand for oil in the Middle East
    • Narayan P.K., and Smyth R. A panel cointegration analysis of the demand for oil in the Middle East. Energy Policy 35 (2007) 6258-6265
    • (2007) Energy Policy , vol.35 , pp. 6258-6265
    • Narayan, P.K.1    Smyth, R.2
  • 30
    • 38049081105 scopus 로고    scopus 로고
    • Are oil shocks permanent or temporary? Panel data evidence from crude oil and NGL production in 60 countries
    • Narayan P.K., Narayan S., and Smyth R. Are oil shocks permanent or temporary? Panel data evidence from crude oil and NGL production in 60 countries. Energy Econ 30 (2008) 919-936
    • (2008) Energy Econ , vol.30 , pp. 919-936
    • Narayan, P.K.1    Narayan, S.2    Smyth, R.3
  • 31
    • 38049051362 scopus 로고    scopus 로고
    • Electricity consumption-real GDP causality nexus: evidence from a bootstrapped causality test for 30 OECD countries
    • Narayan P.K., and Prasad A. Electricity consumption-real GDP causality nexus: evidence from a bootstrapped causality test for 30 OECD countries. Energy Policy 36 (2008) 910-918
    • (2008) Energy Policy , vol.36 , pp. 910-918
    • Narayan, P.K.1    Prasad, A.2
  • 32
    • 58049137626 scopus 로고    scopus 로고
    • On the dynamics of energy consumption of output in the US
    • Payne J.E. On the dynamics of energy consumption of output in the US. Appl Energy 86 (2009) 575-579
    • (2009) Appl Energy , vol.86 , pp. 575-579
    • Payne, J.E.1
  • 33
    • 0041110046 scopus 로고    scopus 로고
    • Critical values for cointegration tests in heterogeneous panels with multiple regressors
    • Pedroni P. Critical values for cointegration tests in heterogeneous panels with multiple regressors. Oxford Bull Econ Stat 61 4 (1999) 5-49
    • (1999) Oxford Bull Econ Stat , vol.61 , Issue.4 , pp. 5-49
    • Pedroni, P.1
  • 34
    • 35448955395 scopus 로고    scopus 로고
    • Fully modified OLS for heterogeneous cointegrated panels
    • Pedroni P. Fully modified OLS for heterogeneous cointegrated panels. Adv Economet 15 (2000) 93-130
    • (2000) Adv Economet , vol.15 , pp. 93-130
    • Pedroni, P.1
  • 35
    • 35649008502 scopus 로고    scopus 로고
    • Exploring the oil price and real GDP nexus for a small island economy, the Fiji Islands
    • Prasad A., Narayan P.K., and Narayan J. Exploring the oil price and real GDP nexus for a small island economy, the Fiji Islands. Energy Policy 35 (2007) 6506-6513
    • (2007) Energy Policy , vol.35 , pp. 6506-6513
    • Prasad, A.1    Narayan, P.K.2    Narayan, J.3
  • 36
    • 0029529607 scopus 로고
    • Road transport energy demand in Australia: a cointegration approach
    • Samimi R. Road transport energy demand in Australia: a cointegration approach. Energy Econ 17 (1995) 329-339
    • (1995) Energy Econ , vol.17 , pp. 329-339
    • Samimi, R.1
  • 37
    • 0023524014 scopus 로고
    • External debt and oil prices: some prospects for oil exporting developing countries
    • Sohn I. External debt and oil prices: some prospects for oil exporting developing countries. Energy Policy 15 (1987) 408-420
    • (1987) Energy Policy , vol.15 , pp. 408-420
    • Sohn, I.1
  • 38
    • 18744390324 scopus 로고    scopus 로고
    • Transmission of prices and price volatility in Australian electricity spot markets: a multivariate GARCH analysis
    • Worthington A., Kay-Spratley A., and Higgs H. Transmission of prices and price volatility in Australian electricity spot markets: a multivariate GARCH analysis. Energy Econ 27 (2005) 337-350
    • (2005) Energy Econ , vol.27 , pp. 337-350
    • Worthington, A.1    Kay-Spratley, A.2    Higgs, H.3
  • 39
    • 33747169823 scopus 로고    scopus 로고
    • Causal relationship between coal consumption and economic growth in Korea
    • Yoo S.-Hoon. Causal relationship between coal consumption and economic growth in Korea. Appl Energy 83 (2006) 1181-1189
    • (2006) Appl Energy , vol.83 , pp. 1181-1189
    • Yoo, S.-Hoon.1
  • 40
    • 33745603392 scopus 로고    scopus 로고
    • Short- and long-run effects between oil consumption and economic growth in China
    • Zou G., and Chau K.W. Short- and long-run effects between oil consumption and economic growth in China. Energy Policy 34 (2006) 3644-3655
    • (2006) Energy Policy , vol.34 , pp. 3644-3655
    • Zou, G.1    Chau, K.W.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.