Energy Intensity Convergence in OECD Countries

This paper investigates the energy intensity convergence for 21 OECD countries over the period 1980-2010. To achieve this aim, fractional cointegration definition suggested by Cheung and Lai (1993), which requires only a mean reverting ( d < 1) relationship between a set of I(1) variables, is use...

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Published in:Energy Exploration & Exploitation
Main Author: Kiran, Burcu
Format: Article in Journal/Newspaper
Language:English
Published: SAGE Publications 2013
Subjects:
Canada
Iceland
Online Access:http://dx.doi.org/10.1260/0144-5987.31.2.237
https://journals.sagepub.com/doi/pdf/10.1260/0144-5987.31.2.237
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spelling crsagepubl:10.1260/0144-5987.31.2.237 2024-10-20T14:09:39+00:00 Energy Intensity Convergence in OECD Countries Kiran, Burcu 2013 http://dx.doi.org/10.1260/0144-5987.31.2.237 https://journals.sagepub.com/doi/pdf/10.1260/0144-5987.31.2.237 en eng SAGE Publications https://journals.sagepub.com/page/policies/text-and-data-mining-license Energy Exploration & Exploitation volume 31, issue 2, page 237-247 ISSN 0144-5987 2048-4054 journal-article 2013 crsagepubl https://doi.org/10.1260/0144-5987.31.2.237 2024-10-01T04:11:18Z This paper investigates the energy intensity convergence for 21 OECD countries over the period 1980-2010. To achieve this aim, fractional cointegration definition suggested by Cheung and Lai (1993), which requires only a mean reverting ( d < 1) relationship between a set of I(1) variables, is used. Following their suggestion, we employ Geweke and Porter-Hudak test for estimating the fractional parameter of the residuals obtained from cointegrating regressions. The results reveal the presence of energy intensity convergence for 9 countries namely Canada, Chile, Denmark, Finland, Germany, Iceland, Ireland, the Netherlands and Turkey. Article in Journal/Newspaper Iceland SAGE Publications Canada Energy Exploration & Exploitation 31 2 237 247
institution Open Polar
collection SAGE Publications
op_collection_id crsagepubl
language English
description This paper investigates the energy intensity convergence for 21 OECD countries over the period 1980-2010. To achieve this aim, fractional cointegration definition suggested by Cheung and Lai (1993), which requires only a mean reverting ( d < 1) relationship between a set of I(1) variables, is used. Following their suggestion, we employ Geweke and Porter-Hudak test for estimating the fractional parameter of the residuals obtained from cointegrating regressions. The results reveal the presence of energy intensity convergence for 9 countries namely Canada, Chile, Denmark, Finland, Germany, Iceland, Ireland, the Netherlands and Turkey.
format Article in Journal/Newspaper
author Kiran, Burcu
spellingShingle Kiran, Burcu
Energy Intensity Convergence in OECD Countries
author_facet Kiran, Burcu
author_sort Kiran, Burcu
title Energy Intensity Convergence in OECD Countries
title_short Energy Intensity Convergence in OECD Countries
title_full Energy Intensity Convergence in OECD Countries
title_fullStr Energy Intensity Convergence in OECD Countries
title_full_unstemmed Energy Intensity Convergence in OECD Countries
title_sort energy intensity convergence in oecd countries
publisher SAGE Publications
publishDate 2013
url http://dx.doi.org/10.1260/0144-5987.31.2.237
https://journals.sagepub.com/doi/pdf/10.1260/0144-5987.31.2.237
geographic Canada
geographic_facet Canada
genre Iceland
genre_facet Iceland
op_source Energy Exploration & Exploitation
volume 31, issue 2, page 237-247
ISSN 0144-5987 2048-4054
op_rights https://journals.sagepub.com/page/policies/text-and-data-mining-license
op_doi https://doi.org/10.1260/0144-5987.31.2.237
container_title Energy Exploration & Exploitation
container_volume 31
container_issue 2
container_start_page 237
op_container_end_page 247
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