engleski

The stationarity of per capita electricity consumption in Croatia allowing for structural break(s)

Understanding the stationarity properties of electricity consumption provides valuable insights for energy policy-makers and practitioners. The paper examines the unit root properties of per capita electricity consumption for Croatian counties using the panel unit root tests with structural break(s) during the period 2001-2013. The results indicate that the series of most counties are non-stationary processes, and that statistically significant structural break(s) happened only in a few of them. Hence, the impacts of shocks on per capita electricity consumption are permanent and have a long memory for a majority of them. Moreover, their behaviors are path-dependent.

electricity consumption ; panel unit root test ; stationarity ; structural break ; Croatia

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