Does natural gas consumption follow a nonlinear path over time? Evidence from 50 US States

Aslan A.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS, cilt.15, sa.9, ss.4466-4469, 2011 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Derleme
  • Cilt numarası: 15 Sayı: 9
  • Basım Tarihi: 2011
  • Doi Numarası: 10.1016/j.rser.2011.07.105
  • Dergi Adı: RENEWABLE & SUSTAINABLE ENERGY REVIEWS
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.4466-4469
  • Erciyes Üniversitesi Adresli: Hayır

Özet

This study is the first attempt to investigate the stationarity of natural gas consumption for 50 US states by employing nonlinear unit root test over the period 1960-2008. We concluded that natural gas consumption in approximately over 60% of states follow a nonlinear behavior. While for 27 US states, natural gas consumption is a non-stationary process, then any shock to natural gas consumption is likely to be permanent and such policies will have a permanent impact, for the rest of 23 states natural gas consumption is a stationary process that any shock to natural gas consumption is to be transitory. (C) 2011 Elsevier Ltd. All rights reserved.