Energy demand convergence in APEC: An empirical analysis

A-Tier
Journal: Energy Economics
Year: 2017
Volume: 65
Issue: C
Pages: 32-41

Authors (3)

Le, Thai-Ha (not in RePEc) Chang, Youngho (not in RePEc) Park, Donghyun (Asian Development Bank)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper empirically examines the cross-country convergence of per-capita energy and electricity usage in APEC, a significant economic bloc. To this end, the study applies conventional panel unit root tests and Sequential Panel Selection Model (SPSM) procedure based on the Panel KSS unit root with a Fourier function for robustness analysis. The results from conventional unit root test results indicate that per capita energy usage and electricity consumption are converging for all APEC countries, in line with improving living standards in APEC. The findings also provide some support for policies to promote energy integration among APEC countries. According to SPSM analysis, evidence of energy convergence is found for 15 out of 19 APEC countries and evidence of electricity convergence is found for 17 out of 19 APEC countries. Pursuit of policies to achieve energy supply stability can move divergent countries toward convergence.

Technical Details

RePEc Handle
repec:eee:eneeco:v:65:y:2017:i:c:p:32-41
Journal Field
Energy
Author Count
3
Added to Database
2026-01-25