Coal consumption and industrial production nexus in USA: Cointegration with two unknown structural breaks and causality approaches

The paper investigates the causality relationships among industrial production index, coal consumption and employment in industrial sector for the period of 1973:1-2011:10 in USA. After noticing that there are breaks in the regression model, the Hatemi-J test for cointegration is employed to the cases that take into account two possible regime shifts. It is concluded that there is a long run relationship between industrial production and industrial coal consumption with the breaks at 1983:4 and 1998:4. We found a negative relationship between coal consumption and industrial production for the period of 1973:1-1983:4 and positive relationship for 1983:5-1998:4 period. For the last period that covers 1983:5-2011:10, the cointegration relationship turned to negative. In addition, the results show that causal relationship between coal consumption and industrial production changes over time. © 2012 Elsevier Ltd.

Yazar Yildirim E.
Aslan A.
Ozturk I.
Yayın Türü Review
Tek Biçim Adres https://hdl.handle.net/20.500.12628/4725
Tek Biçim Adres 10.1016/j.rser.2012.07.002
Koleksiyonlar Araştırma Çıktıları | WoS | Scopus | TR-Dizin | PubMed | SOBİAD
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Sayfalar 6123 - 6127
Yayın Yılı 2012
Eser Adı
[dc.title]
Coal consumption and industrial production nexus in USA: Cointegration with two unknown structural breaks and causality approaches
Yayın Yılı
[dc.date.issued]
2012
Yayın Türü
[dc.type]
review
Özet
[dc.description.abstract]
The paper investigates the causality relationships among industrial production index, coal consumption and employment in industrial sector for the period of 1973:1-2011:10 in USA. After noticing that there are breaks in the regression model, the Hatemi-J test for cointegration is employed to the cases that take into account two possible regime shifts. It is concluded that there is a long run relationship between industrial production and industrial coal consumption with the breaks at 1983:4 and 1998:4. We found a negative relationship between coal consumption and industrial production for the period of 1973:1-1983:4 and positive relationship for 1983:5-1998:4 period. For the last period that covers 1983:5-2011:10, the cointegration relationship turned to negative. In addition, the results show that causal relationship between coal consumption and industrial production changes over time. © 2012 Elsevier Ltd.
Tek Biçim Adres
[dc.identifier.uri]
https://dx.doi.org/10.1016/j.rser.2012.07.002
Tek Biçim Adres
[dc.identifier.uri]
https://hdl.handle.net/20.500.12628/4725
Yayın Dili
[dc.language.iso]
eng
Yazar
[dc.contributor.author]
Yildirim E.
Yazar
[dc.contributor.author]
Aslan A.
Yazar
[dc.contributor.author]
Ozturk I.
Haklar
[dc.rights]
info:eu-repo/semantics/closedAccess
İlk Sayfa Sayısı
[dc.identifier.startpage]
6123
Son Sayfa Sayısı
[dc.identifier.endpage]
6127
Açık Erişim Tarihi
[dc.date.available]
2019-12-23
Görüntülenme Sayısı ( Şehir )
Görüntülenme Sayısı ( Ülke )
Görüntülenme Sayısı ( Zaman Dağılımı )
Görüntülenme
8
09.12.2022 tarihinden bu yana
İndirme
1
09.12.2022 tarihinden bu yana
Son Erişim Tarihi
09 Şubat 2024 05:55
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Tıklayınız
industrial relationship period production consumption between cointegration negative breaks 5-1998 positive 1-1983 covers 5-2011 turned results causal changes Elsevier addition account regression investigates causality relationships employment sector 1-2011 noticing Hatemi-J employed possible regime shifts concluded
6698 sayılı Kişisel Verilerin Korunması Kanunu kapsamında yükümlülüklerimiz ve çerez politikamız hakkında bilgi sahibi olmak için alttaki bağlantıyı kullanabilirsiniz.

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