Gradual Reforms and the Emergence of Energy Market

  • Hengyun Ma
  • Les Oxley
Part of the Lecture Notes in Energy book series (LNEN, volume 13)


This chapter is organized as follows: we first use maps and graphs of spatial energy prices and then statistically test, using both conventional unit root tests and panel unit root tests, issued related to convergence in energy prices over time and space. Then, we compare our results and finding with other’s and finally provide some conclusions.


Unit Root Test Electricity Price Price Series Panel Unit Root Test Price Trend 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.College of Economics and ManagementHenan Agricultural UniversityZhengzhouChina, People’s Republic
  2. 2.Department of Economics & FinanceUniversity of CanterburyChristchurchNew Zealand

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