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Energy demand models: a threshold panel specification of the 'Kuznets curve'

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  • Julien Fouquau
  • Ghislaine Destais
  • Christophe Hurlin

Abstract

This article 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.

Suggested Citation

  • Julien Fouquau & Ghislaine Destais & Christophe Hurlin, 2009. "Energy demand models: a threshold panel specification of the 'Kuznets curve'," Applied Economics Letters, Taylor & Francis Journals, vol. 16(12), pages 1241-1244.
  • Handle: RePEc:taf:apeclt:v:16:y:2009:i:12:p:1241-1244
    DOI: 10.1080/13504850701367197
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    1. González, Andrés & Teräsvirta, Timo & van Dijk, Dick & Yang, Yukai, 2005. "Panel Smooth Transition Regression Models," SSE/EFI Working Paper Series in Economics and Finance 604, Stockholm School of Economics, revised 11 Oct 2017.
    2. Ghislaine Destais, 2007. "Economic development and energy intensity : a panel data analysis," Post-Print halshs-00178438, HAL.
    3. Ghislaine Destais & Julien Fouquau & Christophe Hurlin, 2007. "Economic Development and Energy Intensity: A Panel Data Analysis," Palgrave Macmillan Books, in: Jan Horst Keppler & Régis Bourbonnais & Jacques Girod (ed.), The Econometrics of Energy Systems, chapter 5, pages 98-120, Palgrave Macmillan.
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    5. Hansen, Bruce E., 1999. "Threshold effects in non-dynamic panels: Estimation, testing, and inference," Journal of Econometrics, Elsevier, vol. 93(2), pages 345-368, December.
    6. Jan Horst Keppler & Régis Bourbonnais & Jacques Girod (ed.), 2007. "The Econometrics of Energy Systems," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-62631-7, March.
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    10. Duarte, Rosa & Pinilla, Vicente & Serrano, Ana, 2013. "Is there an environmental Kuznets curve for water use? A panel smooth transition regression approach," Economic Modelling, Elsevier, vol. 31(C), pages 518-527.
    11. Lee, Chien-Chiang & Chiu, Yi-Bin, 2013. "Modeling OECD energy demand: An international panel smooth transition error-correction model," International Review of Economics & Finance, Elsevier, vol. 25(C), pages 372-383.
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    13. Chao Bi & Minna Jia & Jingjing Zeng, 2019. "Nonlinear Effect of Public Infrastructure on Energy Intensity in China: A Panel Smooth Transition Regression Approach," Sustainability, MDPI, vol. 11(3), pages 1-21, January.
    14. Piñeiro-Chousa, Juan & López-Cabarcos, M. Ángeles & Šević, Aleksandar, 2022. "Green bond market and Sentiment: Is there a switching Behaviour?," Journal of Business Research, Elsevier, vol. 141(C), pages 520-527.
    15. Wang, Yu Shan, 2013. "Oil price effects on personal consumption expenditures," Energy Economics, Elsevier, vol. 36(C), pages 198-204.
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