Are fluctuations in energy consumption transitory or permanent? Evidence from a Fourier LM unit root test

Yılancı, Veli; Tunalı, Çiğdem Börke

doi:10.1016/j.rser.2014.04.002

Cited by 33 publications

(6 citation statements)

References 36 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The same conclusion has been found by Fallahi 12 who used ADF unit root test and examined EN in the U.S. However, researchers such as Hasanov and Telatar 17 and Yilanci and Tunali 15 have shown that EN in the U.S is stationary. Lean and Smyth 6 and Apergis and Tsoumas 18 studied disaggregated/sectoral EN using different approaches.…”

Section: Introductionsupporting

confidence: 73%

“…However, the results are mixed, depending on the frequency and time period of data and also the type of method used. i Researchers such as Chen and Lee, 3 Narayan and Smyth, 4, j Hsu et al, 5 Lean and Smyth, 6 Warr and Ayres, 7 Apergis and Payne, 8 Apergis et al, 9,10 Gil-Alana et al, 11 Fallahi, 12 Narayan and Popp, 13 Ozturk et al, 14 Yilanci and Tunali, 15 and He et al, 16 to name a few, investigated the stationarity of EN in the U.S. and came to different conclusions.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Persistence and stationarity of sectoral energy consumption in the US: A confidence interval approach

Fallahi

2018

Energy & Environment

View full text Add to dashboard Cite

Energy consumption is the primary source of greenhouse gases and carbon emissions, so reduction of energy consumption in any sector of the economy can be used as a tool to fight against global warming. However, to do that satisfactorily, it is necessary to know the degree of persistence of sectoral energy consumption. In fact, the degree of persistence shows how much of impact of shocks carries over to the following periods. Therefore, in this paper, we analyze the persistence and stationarity of sectoral energy consumption in the United States during 1952-2016 using bootstrap and subsampling confidence intervals. These confidence intervals provide more information compared to the unit root tests. Not only they provide evidence about the stationarity or non-stationarity of the variables, but also they show the degree of persistence. In addition, they require fewer assumptions on the nature of data. The findings show that the energy consumption in the residential and commercial sectors appears to be stationary but persistent. On the contrary, the energy consumption in the industrial and transportation sectors is nonstationary. Therefore, the industrial and transportation sectors are the best candidates to implement energy conservation and economic or environmental-oriented policies, because the effect of these policies will be permanent. Similar policies can be applied in the residential and commercial sectors as well; however, the effects of shocks to these sectors will diminish eventually.

show abstract

Section: Introductionsupporting

confidence: 73%

Section: Introductionmentioning

confidence: 99%

Persistence and stationarity of sectoral energy consumption in the US: A confidence interval approach

Fallahi

2018

Energy & Environment

View full text Add to dashboard Cite

show abstract

“…, energy consumption (e.g. Shahbaz et al, 2014;Öztürk and Aslan, 2014;Yilanci and Tunali, 2014;Lean and Smyth, 2014;Gozgor, 2016), price bubbles (e.g. Malhotra and Maloo, 2014), outputs of the countries (e.g.…”

Section: 5 (1) 31-45mentioning

confidence: 99%

DO SHOCKS HAVE PERMANENT OR TRANSITORY EFFECTS ON CONTAINER TRAFFIC IN TURKISH PORTS? / Şokların Türk Limanlarındaki Konteyner Trafiği Üzerindeki Etkisi Kalıcı Mıdır Geçici Midir?

Açık

2021

Uluslararası Ekonomi İşletme Ve Politika Dergisi

View full text Add to dashboard Cite

Container ports are one of the most important parts of the supply chain. Due to high investment and operating costs, the structure and predictability of current and future demands are very important. To investigate this structure, this study aims to determine whether the shocks to the export and import container quantities handled in Turkish ports are temporary or permanent. Both standard unit root tests and unit root tests with structural breaks were applied to export and import container amounts. According to the results, when the structural breaks are considered, it has been determined that both export and import container quantities are stationary. This situation shows that the effects of the shocks to the container traffic are temporary, the applied policies lose their effect in a short time and the future container traffic can be predicted using historical data.

show abstract

“…In line with the findings they obtained from their analysis, they concluded that there is a convergence in energy use per capita among OECD countries. Yilanci and Tunali (2014) used a Fourier Lagrange Multiplier unit root test, which can capture the unknown nature of structural breaks, with data from 1960-2011, to reexamine the stationarity characteristics of the per capita energy consumption of 109 countries. In line with the findings obtained from the study, energy consumption per capita in 25 countries (Algeria, Australia, Benin, Bolivia, Canada, Costa Rica, Denmark, Egypt, Greece, Guatemala, Hong Kong, Ireland, Jordan, Democratic Republic of Korea, Mexico, Myanmar, Netherlands, New Zealand, Oman, Paraguay, Qatar, Singapore, Tanzania, United States, and Vietnam) is stationary, and energy demand management policies will not have an impact on energy consumption in the long run.…”

Section: Literature Reviewmentioning

confidence: 99%

Stationarity Test of Renewable Energy Consumption with Fractional Frequency Fourier Unit Root Test: Evidence from BRICS-T Countries

Fendoğlu

2021

Alphanumeric Journal

View full text Add to dashboard Cite

Countries consume large amounts of coal, oil, and natural gas due to the energy structure dominated by fossil fuels worldwide.For this reason, the rate of renewable energies in countries or country groups in general is below the global average level. In this study, I aimed to test the stationarity of renewable energy consumption for Brazil, Russia, India, China, South Africa, and Turkey (the BRICS-T countries), which are in a rapid development. For this purpose, fractional frequency Fourier unit root test, which was introduced to the literature by Bozoklu et al. (2020), was used. Annual data on renewable energy consumption covering the period of 1990-2015 have been accessed from the official database of the World Bank. According to the results obtained, it has been found that the renewable energy consumption of China, one of the BRICS-T countries, is stationary and that other countries contain unit root.

show abstract

Are fluctuations in energy consumption transitory or permanent? Evidence from a Fourier LM unit root test

Cited by 33 publications

References 36 publications

Persistence and stationarity of sectoral energy consumption in the US: A confidence interval approach

Persistence and stationarity of sectoral energy consumption in the US: A confidence interval approach

DO SHOCKS HAVE PERMANENT OR TRANSITORY EFFECTS ON CONTAINER TRAFFIC IN TURKISH PORTS? / Şokların Türk Limanlarındaki Konteyner Trafiği Üzerindeki Etkisi Kalıcı Mıdır Geçici Midir?

Stationarity Test of Renewable Energy Consumption with Fractional Frequency Fourier Unit Root Test: Evidence from BRICS-T Countries

Contact Info

Product

Resources

About