Are shocks to natural gas consumption temporary or permanent? Evidence from a panel of U.S. states

B-Tier
Journal: Energy Policy
Year: 2010
Volume: 38
Issue: 8
Pages: 4734-4736

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

This short communication examines whether or not U.S. natural gas consumption follows a stationary process. Unlike previous research that has focused on regional country or industrial sector-based panel studies, this study undertakes a sub-national investigation of natural gas consumption for the 50 U.S. states. Levin et al. (2002), Im et al. (2003), Maddala and Wu (1999), and Hadri (2000) panel unit root and stationarity tests reveal that natural gas consumption is integrated of order one. However, once allowance is made for endogenously determined structural breaks, the Carrion-i-Silvestre et al. (2005), Im et al. (2005), and Westerlund (2005) panel unit root and stationarity tests indicate that natural gas consumption is integrated of order zero. Discussion of the structural breaks is briefly surveyed in relation to the natural gas industry's response to legislative actions.

Technical Details

RePEc Handle
repec:eee:enepol:v:38:y:2010:i:8:p:4734-4736
Journal Field
Energy
Author Count
3
Added to Database
2026-01-24