Dynamic Asymmetries in the Electric Consumption of the GCC countries

Mohamed Osman

Article Details

Dynamic Asymmetries in the Electric Consumption of the GCC countries

Authors:

Mohamed Osman

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2015 Vol.5 Issue 2, pp.461-467

Document Type:

Article

Publication Date:

5/2015

Document Language:

Turkish

Document ID (Org No.):

2000816515

Frequency:

Bimonthly

eISSN:

2146-4553

Abstract:

 

This paper aims to achieve two fundamental objectives. First, we examine whether the electric consumption of the GCC countries exhibit any form of non-linearity that is of economic interest. In this context, we use the BDS test in order to determine the absence or presence of linear or nonlinear dependence. The test results indicate that there is a substantial nonlinear dependence in all the series of the countries in the region. In the second objective, we investigate the asymmetric properties of the electric consumption of these countries. In particular, we explore two types of asymmetry: deepness and steepness. The test results indicate that there is a strong corroborative evidence of asymmetric deepness and steepness relative to trend in these countries’ electric consumption variable.

Article Details

Dynamic Asymmetries in the Electric Consumption of the GCC countries

Authors: Mohamed Osman

Publisher: İlhan ÖZTÜRK

Journal: International Journal of Energy Economics and Policy 2015 Vol.5 Issue 2, pp.461-467

Document Type: Article

Publication Date: 5/2015

Document Language: Turkish

Document ID (Org No.): 2000816515

Frequency: Bimonthly

eISSN: 2146-4553

Issues

Authors:

Mohamed Osman

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2015 Vol.5 Issue 2, pp.461-467

Document Type:

Article

Publication Date:

5/2015

Document Language:

Turkish

Document ID (Org No.):

2000816515

Frequency:

Bimonthly

eISSN:

2146-4553