71st International Atlantic Economic Conference

March 16 - 19, 2011 | Athens, Greece

Long Memory in U.S. Coal Consumption: Evidence from U.S. Sectoral Data

Thursday, 17 March 2011: 18:00
Nicholas Apergis, Ph.D. , Newcastle Campus, Northumbria University, Newcastle upon Tyne, United Kingdom
Christina Christou, PhD , Cyprus Securities and Exchange Commission, Nicosia, Cyprus
This paper tests for long memory in sectoral coal consumption in the US using for the first fractional integration with breaks. If the results are confirmed for certain sectors, then persistent effects are present.