dc.contributor.authorLe, Thai-Ha
dc.contributor.authorChang, Youngho
dc.contributor.authorPark, Donghyun
dc.identifier.citationLe, T.-H., Chang, Y., & Park, D. (2017). Energy demand convergence in APEC: An empirical analysis. Energy Economics, 65, 32-41.en_US
dc.description.abstractThis 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.en_US
dc.format.extent41 p.en_US
dc.relation.ispartofseriesEnergy Economicsen_US
dc.rights© 2017 Elsevier B.V. This is the author created version of a work that has been peer reviewed and accepted for publication by Energy Economics, Elsevier B.V. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [http://dx.doi.org/10.1016/j.eneco.2017.04.013].en_US
dc.subjectCross-country Convergenceen_US
dc.subjectEnergy Usageen_US
dc.titleEnergy demand convergence in APEC: An empirical analysisen_US
dc.typeJournal Article
dc.contributor.schoolSchool of Humanities and Social Sciencesen_US
dc.description.versionAccepted versionen_US

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