Showing 1 - 10 of 18,039
This paper evaluates the convergence of energy intensities for a group of 97 countries in the period 1971 …–2003. Convergence is tested using a recent method proposed by Pesaran (2007) [Pesaran, M.H., 2007. A pair-wise approach to testing for … output and growth convergence. Journal of Econometrics 138, 312–355] based on the stochastic convergence criterion. An …
Persistent link: https://www.econbiz.de/10009189920
This paper evaluates convergence of energy intensities for a group of 97 countries in the period 1971-2003. Convergence … growth convergence. Journal of Econometrics 138, 312-355.] based on the stochastic convergence criterion. Main advantages of … this method are that results do not depend on a benchmark against which convergence is assessed, and that it is more robust …
Persistent link: https://www.econbiz.de/10005739843
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
To fight climate change, global greenhouse gas (GHG) emissions should be reduced dramatically. However, observations for the period 2008-2009 indicate that several major countries will need to step up their efforts to reach their Kyoto target by 2012. For the period after 2012, only the EU has...
Persistent link: https://www.econbiz.de/10009367062
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