Showing 1 - 7 of 7
This paper explores the way technical progress and improvements in energy efficiency are captured when modelling OECD industrial energy demand. The industrial sectors of the developed world involve a number of different practices and processes utilising a range of different technologies....
Persistent link: https://www.econbiz.de/10010939450
Persistent link: https://www.econbiz.de/10005228370
Persistent link: https://www.econbiz.de/10005228529
This paper demonstrates the importance for energy demand modelling of allowing for trends and seasonal effects that are stochastic in form. Inherent underlying trends may be non-linear and reflect not only technical progress, which usually produces greater energy efficiency, but also other...
Persistent link: https://www.econbiz.de/10005280242
This paper estimates a US frontier residential aggregate energy demand function using panel data for 48 ‘states’ over the period 1995 to 2007 using stochastic frontier analysis (SFA). Utilizing an econometric energy demand model, the (in)efficiency of each state is modeled and it is argued...
Persistent link: https://www.econbiz.de/10010593858
A number of energy demand studies have considered the importance of modelling Asymmetric Price Responses (APR), for example, the often-cited work of Gately and Huntington (2002). Griffin and Schulman (2005) questioned the asymmetric approach arguing that this is only capturing energy saving...
Persistent link: https://www.econbiz.de/10008863786
This research investigates the relationship between Turkish industrial electricity consumption, industrial value added and electricity prices in order to forecast future Turkish industrial electricity demand. To achieve this, an industrial electricity demand function for Turkey is estimated by...
Persistent link: https://www.econbiz.de/10008868473