Energy Demand Models A Threshold Panel

Ghislaine Destais

Description

Niveau: Supérieur, Master
1 Energy Demand Models : A Threshold Panel Specification of the “Kuznets Curve” Ghislaine Destais*, Julien Fouquau† and Christophe Hurlin‡ Abstract This paper proposes an original panel specification of the energy demand model. Based on panel threshold regression models, we derive country- specific and time-specific energy elasticity. We find a fall of the elasticity when the income level increase. Keywords : Energy Elasticity, Kuznets Curve, Panel Smooth Transition Regression model. JEL classification : C23, Q41, Q43 * ESE & LEPII – EPE, Université de Grenoble † Corresponding author, LEO (University of ORLEANS), Faculty DEG, Rue de Blois – BP 6739, 45067 ORLEANS cedex 2, phone : [phone], fax: [phone], e-mail: . ‡ LEO, Université d'Orléans. e-mail: .

• panel


• panel threshold


• using pstr


• pstr


• model widely


• time instability


• time-specific energy


• model recently


• energy demand

Sujets

• World energy resources and consumption

Informations

• Publié par: profil-mupheg-2012
• Nombre de lectures: 19
• Langue: English

Extrait

    Energy Demand Models : A Threshold Panel Specification of the “Kuznets Curve”       Ghislaine Destais * , Julien Fouquau †  and Christophe Hurlin ‡        Abstract   This paper proposes an original panel specification of the energy demand model. Based on panel threshold regression models, we derive country- specific and time-specific energy elasticity. We find a fall of the elasticity when the income level increase.   Keywords : Energy Elasticity, Kuznets Curve, Panel Smooth Transition Regression model.    JEL classification : C23, Q41, Q43                  *                                          ESE & LEPII – EPE, Université de Grenoble †  Corresponding author, LEO (University of ORLEANS), Faculty DEG, Rue de Blois – BP 6739, 45067 ORLEANS cedex 2, phone : [phone], fax: [phone], e-mail: [e-mail]. ‡   LEO, Université d’Orléans. e-mail: [e-mail].    1