Energy consumption at the state level: The unit root null hypothesis from Australia

Applied Energy

Volumn 87, Issue 6, 2010, Pages 1953-1962

  Kumar Narayan, Paresh ^a   Narayan, Seema ^b   Popp, Stephan ^c  

^a DEAKIN UNIVERSITY   (Australia)

^b RMIT UNIVERSITY   (Australia)

^c UNIVERSITY OF DUISBURG ESSEN   (Germany)

Author keywords

Australia; Energy consumption; Unit root

Indexed keywords

ENERGY RESOURCES; TECHNOLOGY;

AUSTRALIA; NULL HYPOTHESIS; SECTORAL ENERGY; SOUTH AUSTRALIA; TIME-SERIES DATA; UNIT ROOT;

ENERGY UTILIZATION;

DATA INTERPRETATION; ENERGY USE; HYPOTHESIS TESTING; TIME SERIES;

AUSTRALIA; SOUTH AUSTRALIA;

EID: 77950866478     PISSN: 03062619     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.apenergy.2009.10.022     Document Type: Article

References (30)

1. Apergis N., and Payne J.E. Energy consumption and economic growth in Central America: evidence from a panel cointegration and error correction model. Energy Econ 31 (2009) 211-216
2. Basher S.A., and Westerlund J. Is there really a unit root in the inflation rate? More evidence from panel data models. Applied Economics Letters 15 (2008) 161-164
3. Beechey M., Hjalmarsson E., and Osterholm P. Testing the expectations hypothesis when interest rates are near integrated. J Bank Finance 33 (2009) 934-943
4. Baharumshah A.Z., Liew V.K.-S., and Hamzah N.A. Real interest rate parity in the ASEAN-5 countries: a nonlinear perspective. Appl Econ Lett 15 (2008) 955-958
5. Carrion-i-Silvestre J.L., Barrio-Castro T.D., and Lopez-Bazo E. the panels: an application to GDP per capita. Econom J 8 (2005) 159-175
6. 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
7. Ho T.-W. The inflation rate may accelerate after all: panel evidence from 19 OECD countries. Empirical Econ 36 (2009) 55-64
8. Hsu Y.-C., Lee C.-C., and Lee C.-C. Revisited: Are shocks to energy consumption permanent or temporary? New evidence from a panel SURADF approach. Energy Econ 30 (2008) 2314-2330
9. Lean H.H., and Smyth R. Long memory in US disaggregated petroleum consumption: evidence from univariate and multivariate LM tests for fractional integration. Energy Policy 37 (2009) 3205-3211
10. Lee J., and Strazicich M. Break point estimation and spurious rejections with endogenous unit root tests. Oxford Bull Econ Stat 63 (2001) 535-558
11. Lee J., and Strazicich M. Minimum lagrange multiplier unit root test with two structural breaks. Rev Econ Stat 85 4 (2003) 1082-1089
12. Lumsdaine R.L., and Papell D.H. Multiple trend breaks and the unit root hypothesis. Rev Econ Stat 79 (1997) 212-218
13. Maslyuk S., and Smyth R. Non-linear unit root properties of crude oil production. Energy Econ 31 (2009) 109-118
14. Mishra V, Sharma S, Smyth R. Are fluctuations in energy consumption per capita transitory? Evidence from a panel of Pacific Island countries. Energy Policy; 2009. doi: 10.1016/j.enpol.2009.02.022.
15. Narayan P.K. The Structure of tourist expenditure in Fiji: evidence from unit root structural break tests. Appl Econ 37 (2005) 1157-1161
16. Narayan P.K. Examining structural breaks and growth rates in international health expenditures. J Health Econ 25 (2006) 877-890
17. Narayan P.K., and Bhattarcharya M. Testing for the random walk hypothesis in the case of visitor arrivals: evidence from Indian tourism. Appl Econ 37 (2005) 1485-1490
18. Narayan P.K. Is Asian per capita GDP panel stationary?. Empirical Econ 34 (2008) 439-449
19. 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
20. Narayan P.K., and Smyth R. Are shocks to energy consumption permanent or temporary: evidence from 182 countries. Energy Policy 35 (2007) 333-341
21. Narayan P.K., and Smyth R. Structural breaks and unit roots in Australian macroeconomic time series. Pacific Econ Rev 10 (2005) 421-437
22. Narayan P.K., and Smyth R. Electricity consumption in G7 countries: a panel cointegration analysis of residential demand elasticities. Energy Policy 35 (2007) 4485-4494
23. Narayan P.K., and Smyth R. A panel cointegration analysis of demand for oil in the Middle East. Energy Policy 35 (2007) 6258-6265
24. Narayan P.K., and Smyth R. Multivariate granger causality between electricity consumption, exports and GDP: evidence from a panel of Middle Eastern Countries. Energy Policy 37 (2009) 229-236
25. Ozdemir Z.A. Efficient market hypothesis: evidence from a small-market economy. Appl Econ 40 (2008) 633-641
26. Romero-Avila D. The unit root hypothesis for aggregate output may not hold after all: new evidence from a panel stationarity test with multiple breaks. Southern Econ J 73 (2007) 642-658
27. Schmidt P., and Phillips P. LM Tests for a unit root in the presence of deterministic trends. Oxford Bull Econ Stat 54 3 (1992) 257-287
28. Smyth R., Nielsen I., and Mishra V. I've Been to Bali too (and i will be going back): are shocks to Bali's tourist arrivals permanent or transitory?. Appl Econ 41 (2009) 1358-1367
29. Tabak B.M. Testing for unit root bilinearity in the Brazilian stock market. Phys A: Stat Mech Appl 385 (2007) 261-269
30. Tastan H. Do real exchange rates contain a unit root? Evidence from Turkish data. Appl Econ 37 (2005) 2037-2053