EN
Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries
Abstract
This study examines whether the energy consumption for 15 members of the Middle Eastern & North African (MENA) countries is a stationary process over 1971-2010 period. Annual energy consumption data for Algeria, Bahrain, Egypt, Iran, Israel, Jordan, Lebanon, Libya, Morocco, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates and Turkey, is analyzed using the Lagrange Multiplier (LM) unit root test, in which structural breaks in level and/or trend are endogenously determined. The results of the LM test with two breaks showed that the energy consumption per capita in 8 MENA countries is a stationary process. This study suggests that it is possible to design consistent energy policies based on econometric models and forecasts of energy consumption in those 8 MENA countries.
Keywords
Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
-
Yayımlanma Tarihi
1 Aralık 2013
Gönderilme Tarihi
1 Aralık 2013
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2013 Cilt: 3 Sayı: 4
APA
Bolat, S., Belke, M., & Celik, N. (2013). Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries. International Journal of Energy Economics and Policy, 3(4), 315-320. https://izlik.org/JA97GA23NF
AMA
1.Bolat S, Belke M, Celik N. Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries. IJEEP. 2013;3(4):315-320. https://izlik.org/JA97GA23NF
Chicago
Bolat, Suleyman, Murat Belke, ve Necati Celik. 2013. “Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries”. International Journal of Energy Economics and Policy 3 (4): 315-20. https://izlik.org/JA97GA23NF.
EndNote
Bolat S, Belke M, Celik N (01 Aralık 2013) Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries. International Journal of Energy Economics and Policy 3 4 315–320.
IEEE
[1]S. Bolat, M. Belke, ve N. Celik, “Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries”, IJEEP, c. 3, sy 4, ss. 315–320, Ara. 2013, [çevrimiçi]. Erişim adresi: https://izlik.org/JA97GA23NF
ISNAD
Bolat, Suleyman - Belke, Murat - Celik, Necati. “Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries”. International Journal of Energy Economics and Policy 3/4 (01 Aralık 2013): 315-320. https://izlik.org/JA97GA23NF.
JAMA
1.Bolat S, Belke M, Celik N. Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries. IJEEP. 2013;3:315–320.
MLA
Bolat, Suleyman, vd. “Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries”. International Journal of Energy Economics and Policy, c. 3, sy 4, Aralık 2013, ss. 315-20, https://izlik.org/JA97GA23NF.
Vancouver
1.Suleyman Bolat, Murat Belke, Necati Celik. Mean Reverting Behavior of Energy Consumption: Evidence from Selected MENA Countries. IJEEP [Internet]. 01 Aralık 2013;3(4):315-20. Erişim adresi: https://izlik.org/JA97GA23NF