%0 Journal Article
	%A Wen-Chi Liu
	%D 2013
	%J International Journal of Mathematical and Computational Sciences
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 80, 2013
	%T The Study on the Stationarity of Energy Consumption in US States: Considering Structural Breaks, Nonlinearity, and Cross- Sectional Dependency
	%U https://publications.waset.org/pdf/16174
	%V 80
	%X This study applies the sequential panel selection
method (SPSM) procedure proposed by Chortareas and Kapetanios
(2009) to investigate the time-series properties of energy
consumption in 50 US states from 1963 to 2009. SPSM involves the
classification of the entire panel into a group of stationary series and
a group of non-stationary series to identify how many and which
series in the panel are stationary processes. Empirical results obtained
through SPSM with the panel KSS unit root test developed by Ucar
and Omay (2009) combined with a Fourier function indicate that
energy consumption in all the 50 US states are stationary. The results
of this study have important policy implications for the 50 US states.

	%P 1310 - 1330