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Stochastic convergence in US disaggregated gas consumption at the sector level
Gas Science and Engineering Pub Date : 2019-01-01 , DOI: 10.1016/j.jngse.2018.10.002
Mehdi Abid , Mohsen Alimi

Abstract In order to assess how seasonality affects disparities in natural gas consumption among sectors, this paper aims to study the pattern of convergence in natural gas consumption in a sample of 11 sectors in the United States between January 1973 and February 2017. In addition to the full sample, the existence of convergence is also examined in five subsets of sectors: residential, commercial, industrial, transport and electric power. By using various types of unit root tests, empirical results provide significant support for the convergence of disaggregated natural gas consumption across sectors in the United States. Another important finding of this paper is that natural gas consumption, despite being convergent, is very persistent.

中文翻译:

美国细分天然气消费在行业层面的随机收敛

摘要 为了评估季节性如何影响部门间天然气消费的差异,本文旨在研究 1973 年 1 月至 2017 年 2 月期间美国 11 个部门的天然气消费量的收敛模式。在完整样本中,还考察了五个部门子集的融合是否存在:住宅、商业、工业、运输和电力。通过使用各种类型的单位根检验,实证结果为美国各部门分解天然气消费的收敛提供了重要支持。本文的另一个重要发现是天然气消费尽管趋同,但非常持久。
更新日期:2019-01-01
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