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Econometric Estimation of Energy Demand
Dalarna University, School of Technology and Business Studies, Economics. (Microdata analysis)ORCID iD: 0000-0002-9748-9572
Dalarna University, School of Technology and Business Studies, Economics. (Microdata analysis)ORCID iD: 0000-0001-8599-7185
2017 (English)In: Energy futures, environment and well-being / [ed] Sergio Ulgiati and Laura Vanoli, 2017, 547-556 p.Conference paper, Published paper (Other academic)
Abstract [en]

This paper presents a relatively simple procedure to examine the responsiveness of energy demand to measures of economic activity and electricity price. We estimate the demand function for electricity both for households and for industry in 29 countries, mainly European countries, in the last 10 years, using a panel aggregate data.

Preliminary results suggest, as expected, that price has a negative significant effect on the electricity consumption. This is the case for both households and industry level for the same sample of countries. Our results also suggest that short-run elasticity of electricity consumption with respect to aggregate output seems to have been stable and unit elastic during the last decade. Moreover, price elasticity is more elastic and more stable in the industry sector than households are.

Place, publisher, year, edition, pages
2017. 547-556 p.
National Category
Economics
Research subject
Complex Systems – Microdata Analysis
Identifiers
URN: urn:nbn:se:du-26573DOI: 10.3217/978-3-85125-513-3ISBN: 978-3-85125-513-3 (print)ISBN: 978-3-85125-514-0 (electronic)OAI: oai:DiVA.org:du-26573DiVA: diva2:1158670
Conference
BIWAES 2017, 10th Edition, Biennial International Workshop “Advances in Energy Studies” Villa Doria d´Angri, Naples, Italy, 25-28 September, 2017
Available from: 2017-11-20 Created: 2017-11-20 Last updated: 2017-11-21Bibliographically approved

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Cialani, CatiaMortazavi, Reza

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CiteExportLink to record
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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • chicago-author-date
  • chicago-note-bibliography
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
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