Convergence in per capita energy use among OECD countries |
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| Affiliation: | 1. Department of Economics, Finance and Legal Studies, University of Alabama, Box 870224, Tuscaloosa, AL 35487, United States;2. Department of Economics and Finance, University of New Orleans, New Orleans, LA 70148, United States;1. J. Whitney Bunting College of Business, Georgia College & State University, Milledgeville, GA 31061, United States;2. The Institute of Economics Zagreb, Zagreb, Croatia;3. Department of Economics, Finance and Legal Studies, University of Alabama, Tuscaloosa, AL 35486, United States |
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| Abstract: | Unlike previous studies which mainly focus on the integration properties of energy consumption and production, this study examines the convergence of per capita energy use among 25 OECD countries over the period 1960 to 2010. In particular, newly developed LM and RALS-LM unit root tests with allowance for two endogenously determined structural breaks are employed. The results indicate significant support for per capita energy use convergence among OECD countries. |
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