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Conditional Convergence in Australia's Energy Consumption at the Sector Level

Author

Listed:
  • Vinod Mishra
  • Russell Smyth
Abstract
We examine the convergence of energy consumption per capita at the sector level in Australia over the period 1973-74 to 2013-14. To do so, we employ recently developed LM and RALS-LM unit root tests that accommodate up to two endogenously determined structural breaks. The results provide significant support for energy consumption per capita convergence among sectors in Australia.

Suggested Citation

  • Vinod Mishra & Russell Smyth, 2016. "Conditional Convergence in Australia's Energy Consumption at the Sector Level," Monash Economics Working Papers 08-16, Monash University, Department of Economics.
    • Handle: RePEc:mos:moswps:2016-08
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    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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