NDLI: Convergence in Per Capita Energy Consumption among African Countries: Evidence from Sequential Panel Selection Method

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Convergence in Per Capita Energy Consumption among African Countries: Evidence from Sequential Panel Selection Method

Content Provider	Paperity
Author	Anoruo, Emmanuel DiPietro, William R.
Abstract	This paper applies a battery of panel unit root procedures to test for convergence in per capita energy consumption among 22 African countries. Specifically, the study implements both the conventional panel unit root testing procedures and the Sequential Panel Selection Method (SPSM). The results from the standard panel unit root tests provide evidence of convergence in per capita energy consumption for the 22 countries as a group. However, these procedures lack the ability to separate the series in the panel into stationary and nonstationary groups. The results from the SPSM procedure provide support for per capita energy consumption convergence for Angola, Mozambique, Libya, Tanzania, Zambia, Ethiopia, Algeria, Senegal, Congo Republic, South Africa, Benin, Cameron, and Nigeria. For Tunisia, Cote d’Ivoire, Sudan, Gabon, Zimbabwe, Morocco and Togo, the results from the SPSM procedures suggest that their per capita energy consumption series have not converged with the other panel members.
Starting Page	568
Ending Page	577
File Format	HTM / HTML
ISSN	21464553
Issue Number	4
Journal	International Journal of Energy Economics and Policy
Volume Number	4
Language	English
Publisher	EconJournals
Publisher Date	2014-12-01
Access Restriction	Open
Subject Keyword	Spsm Panel kss unit root test Per capita energy consumption Convergence
Content Type	Text
Resource Type	Article
Subject	Energy Economics, Econometrics and Finance

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