Chapter 6: Quantile regression approach: A new approach in the energy-growth Nexus with substantial benefits in asymmetry accounting
Abstract
Aberrant behaviors in energy consumption are to be expected due to the institutional, economic, and geographical differences across countries and the different degree of resilience of the countries to extreme events in climate change. For this reason the energy-growth nexus modeling may be confronted with more complex data and may require more sophisticated techniques to cope with this new realization and era. Besides the involuntary changes in energy patterns that may happen to unforeseen circumstances stemming from global warming and climate change, there are also desired and intentional changes implied ...
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