Long Memory and Disaggregated Energy Consumption: Evidence from Fossils, Coal and Electricity Retail in the U.S.

In this paper, the long memory properties of disaggregated fossils, coal and electricity retail consumption in the U.S. over the 1989–2009 period are examined. The presence of long memory is related to autocorrelation persistence of each series. Our results show that there is heterogeneity in the or...

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Main Authors: Apergis, Nicholas, Tsoumas, Chris
Format: Journal Article
Published: Elsevier 2012
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/41174
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author Apergis, Nicholas
Tsoumas, Chris
author_facet Apergis, Nicholas
Tsoumas, Chris
author_sort Apergis, Nicholas
building Curtin Institutional Repository
collection Online Access
description In this paper, the long memory properties of disaggregated fossils, coal and electricity retail consumption in the U.S. over the 1989–2009 period are examined. The presence of long memory is related to autocorrelation persistence of each series. Our results show that there is heterogeneity in the order of integration between these types of energy consumption and for the different sectors employed, which is affected by the inclusion of a break event. The order of integration was generally higher for the case of a break in the intercept than in the slope, with the latter being more plausible for all series.
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publishDate 2012
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spelling curtin-20.500.11937-411742017-09-13T14:14:26Z Long Memory and Disaggregated Energy Consumption: Evidence from Fossils, Coal and Electricity Retail in the U.S. Apergis, Nicholas Tsoumas, Chris Fractional integration Disaggregated fossils Structural breaks Coal and electricity retail energy In this paper, the long memory properties of disaggregated fossils, coal and electricity retail consumption in the U.S. over the 1989–2009 period are examined. The presence of long memory is related to autocorrelation persistence of each series. Our results show that there is heterogeneity in the order of integration between these types of energy consumption and for the different sectors employed, which is affected by the inclusion of a break event. The order of integration was generally higher for the case of a break in the intercept than in the slope, with the latter being more plausible for all series. 2012 Journal Article http://hdl.handle.net/20.500.11937/41174 10.1016/j.eneco.2011.09.002 Elsevier restricted
spellingShingle Fractional integration
Disaggregated fossils
Structural breaks
Coal and electricity retail energy
Apergis, Nicholas
Tsoumas, Chris
Long Memory and Disaggregated Energy Consumption: Evidence from Fossils, Coal and Electricity Retail in the U.S.
title Long Memory and Disaggregated Energy Consumption: Evidence from Fossils, Coal and Electricity Retail in the U.S.
title_full Long Memory and Disaggregated Energy Consumption: Evidence from Fossils, Coal and Electricity Retail in the U.S.
title_fullStr Long Memory and Disaggregated Energy Consumption: Evidence from Fossils, Coal and Electricity Retail in the U.S.
title_full_unstemmed Long Memory and Disaggregated Energy Consumption: Evidence from Fossils, Coal and Electricity Retail in the U.S.
title_short Long Memory and Disaggregated Energy Consumption: Evidence from Fossils, Coal and Electricity Retail in the U.S.
title_sort long memory and disaggregated energy consumption: evidence from fossils, coal and electricity retail in the u.s.
topic Fractional integration
Disaggregated fossils
Structural breaks
Coal and electricity retail energy
url http://hdl.handle.net/20.500.11937/41174