Showing 1 - 10 of 14,670
electricity-intensity convergence across the Chinese provinces. Unlike previous work, this paper highlights the relevance of the … convergence. We perform several unit root tests that introduce structural breaks, nonlinearities and time variation, with the aim … over time. However, this convergence pattern occurs within groups of regions, according with club convergence test. Indeed …
Persistent link: https://www.econbiz.de/10010616830
This paper investigates output convergence for the G7 countries using panel time-series techniques. We consider both … the null hypotheses of no convergence and convergence. It is shown that inferences on output convergence depend on which … one of the two null hypotheses is considered. Further, the no convergence results reported in previous studies using the …
Persistent link: https://www.econbiz.de/10005558093
A proper modeling of the long-run behavior of energy and oil intensities is crucial in many respects. This paper aims at checking whether this long-run behavior should be modelled as a deterministic or a stochastic trend or both. We first apply a test for a deterministic trend robust to...
Persistent link: https://www.econbiz.de/10010708141
aggregate energy intensity dynamics. A convergence analysis reveals that only after 1995 cross-country variation in aggregate … convergence in Services. Moreover, we find evidence for the hypothesis that across sectors lagging countries are catching-up with … leading countries, with rates of convergence on average being higher in Services than in Manufacturing. Aggregate convergence …
Persistent link: https://www.econbiz.de/10011256243
We present a detailed analysis of energy intensity developments across 23 service sectors in 18 OECD countries over the period 1980−2005. We find that the shift towards a service economy has contributed to lower overall energy intensity levels in the OECD, but this contribution would have been...
Persistent link: https://www.econbiz.de/10011257306
convergence, and estimates the future steady-state or long-run distribution of energy intensity for the OECD. The paper finds that … of convergence. However, convergence is conditioned on country specific factors since differences in individual energy …
Persistent link: https://www.econbiz.de/10011258225
We present a detailed analysis of energy intensity developments across 23 service sectors in 18 OECD countries over the period 1980–2005. We find that the shift towards a service economy has contributed to lower overall energy intensity levels in the OECD, but this contribution would have been...
Persistent link: https://www.econbiz.de/10010753182
. A convergence analysis reveals that only after 1995 cross-country variation in aggregate energy intensity levels clearly … tends to decrease, driven by a strong and robust trend break in Manufacturing and enhanced convergence in Services. Moreover … rates of convergence that are on average higher in Services than in Manufacturing. Aggregate convergence patterns are almost …
Persistent link: https://www.econbiz.de/10010587996
countries and 35 sectors for 1995-2009. We find South-North convergence of energy and labor intensities, an energy bias of … import-driven convergence and no robust difference between imports of intermediate and investment goods. Accordingly, trade …
Persistent link: https://www.econbiz.de/10010985637
convergence in energy intensity across Europe. We find a sensible catching–up of less performing countries, particularly in the …
Persistent link: https://www.econbiz.de/10005055503