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Energy Demand Models A Threshold Panel

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Niveau: Supérieur, Master
1 Energy Demand Models : A Threshold Panel Specification of the “Kuznets Curve” Ghislaine Destais*, Julien Fouquau† and Christophe Hurlin‡ Abstract This paper proposes an original panel specification of the energy demand model. Based on panel threshold regression models, we derive country- specific and time-specific energy elasticity. We find a fall of the elasticity when the income level increase. Keywords : Energy Elasticity, Kuznets Curve, Panel Smooth Transition Regression model. JEL classification : C23, Q41, Q43 * ESE & LEPII – EPE, Université de Grenoble † Corresponding author, LEO (University of ORLEANS), Faculty DEG, Rue de Blois – BP 6739, 45067 ORLEANS cedex 2, phone : 00.33.2.38.49.49.88, fax: 00.33.2.38.41.73.80, e-mail: . ‡ LEO, Université d'Orléans. e-mail: .

  • panel

  • panel threshold

  • using pstr

  • pstr

  • model widely

  • time instability

  • time-specific energy

  • model recently

  • energy demand


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Language English
  Energy Demand Models : A Threshold Panel Specification of the “Kuznets Curve”   Ghislaine Destais*, Julien Fouquau† and Christophe Hurlin‡    Abstract  This paper proposes an original panel specification of the energy demand model. Based on panel threshold regression models, we derive country-specific and time-specific energy elasticity. We find a fall of the elasticity when the income level increase.  Keywords : Energy Elasticity, Kuznets Curve, Panel Smooth Transition Regression model.   JEL classification : C23, Q41, Q43             *                                        ESE & LEPII – EPE, Université de Grenoble  Corresponding author, LEO (University of ORLEANS), Faculty DEG, Rue de Blois – BP 6739, 45067 ORLEANS cedex 2, phone : 00.33.2.38.49.49.88, fax: 00.33.2.38.41.73.80, e-mail: julien.fouquau@univ-orleans.fr.  LEO, Université d’Orléans. e-mail: christophe.hurlin@univ-orleans.fr.   1