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|a (JST)26863979
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|a DE-627
|b ger
|c DE-627
|e rakwb
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|a eng
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|a Shahbaz, Muhammad
|e verfasserin
|4 aut
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|a SHARP AND SMOOTH BREAKS IN UNIT ROOT TESTING OF RENEWABLE ENERGY CONSUMPTION
|b THE WAY FORWARD
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|c 2019
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|a Text
|b txt
|2 rdacontent
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|a Computermedien
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|a This study proposes a flexible unit root test that detects sharp and smooth breaks simultaneously. Most unit root tests are not general enough to capture different dynamics, such as smooth structural breaks, sharp structural breaks, state-dependent nonlinearity, or a mixture of them. Therefore, considering all these data structures in one unit root process is important and the results produced with this type of test structure do not face misspecification problems. We test nine countries’ historical renewable energy consumption covering the period of 1800-2008 with traditionally used structural break unit root tests and a newly proposed test. The newly proposed test performs better than the traditional ones. The reason is that renewable energy consumption has sharp and smooth breaks in its data-generating process that are not captured simultaneously by any other traditional unit root test. The empirical results indicate that renewable energy consumption contains stationary process in the presence of sharp and smooth structural breaks.
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|a Copyright © 2019 by the International Research Center for Energy and Economic Development (ICEED)
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|a Economics
|x Economic disciplines
|x Consumer economics
|x Consumption
|x Energy consumption
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| 650 |
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|a Applied sciences
|x Engineering
|x Energy engineering
|x Renewable energy
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| 650 |
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|a Mathematics
|x Mathematical objects
|x Mathematical series
|x Series convergence
|x Convergence tests
|x Root test
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| 650 |
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|a Biological sciences
|x Ecology
|x Applied ecology
|x Environmental management
|x Natural resource management
|x Nature conservation
|x Natural resources conservation
|x Sustainable consumption
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| 650 |
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|a Environmental studies
|x Environmental economics
|x Energy economics
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| 650 |
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|a Political science
|x Government
|x Public administration
|x Public policy
|x Energy policy
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| 650 |
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|a Economics
|x Economic disciplines
|x Applied economics
|x Economic modeling
|x Economic models
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| 650 |
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|a Economics
|x Economic conditions
|x Economic fluctuations
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| 650 |
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|a Mathematics
|x Mathematical objects
|x Mathematical series
|x Fourier series
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| 650 |
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|a Economics
|x Economic disciplines
|x Consumer economics
|x Consumption
|x ARTICLES
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|a research-article
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|a Omay, Tolga
|e verfasserin
|4 aut
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|a Roubaud, David
|e verfasserin
|4 aut
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|i Enthalten in
|t The Journal of Energy and Development
|d International Research Center for Energy and Economic Development (ICEED)
|g 44(2019), 1/2, Seite 5-40
|w (DE-627)1008153877
|w (DE-600)2914025-0
|x 03614476
|7 nnns
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|g volume:44
|g year:2019
|g number:1/2
|g pages:5-40
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|u https://www.jstor.org/stable/26863979
|3 Volltext
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|a AR
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|d 44
|j 2019
|e 1/2
|h 5-40
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