CONVERGENCE ANALYSIS FOR ENERGY CONSUMPTION PER CAPITA AMONG HIGH-INCOME OECD COUNTRIES

Abstract

In this study we explored the convergence analysis for energy consumption per capita among high income OECD countries for the period 1960-2015 with annual data by using the panel unit root test developed by Carrion-i- Silvestre et al (2005) and Carrion-i- Silvestre (2005). In the study, we find evidence for the convergence of energy consumption per capita among high-income OECD countries in both individual country level and panel level.