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This study dealt with the estimation of price elasticities for the non-oil manufacturing industrial energy demand for the case of Kuwait using the two-stage inter-fuel substitution approach. The estimated model has performed quite well and thus was simulated assuming a 100 per cent price shock...
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This paper models and estimates the energy demand by the commercial sector, using an error correction model. It also simulates the estimated model under three pricing scenarios and presents an analysis of the results. Copyright 2007 Organization of the Petroleum Exporting Countries.
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A model for motor gasoline demand in Canada is developed by household. The model identifies and separates effects of several responses by the household to a change in gasoline prices such as driving fewer miles, purchasing fewer cars, and buying more fuel efficient cars. It also estimates the...
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This paper models and estimates energy demand by the household sector using the top-down or the two-level approach. The discussion has been developed to include a breakdown of household consumption by fuel type. It also simulates the developed model under three scenarios and presents analyses of...
Persistent link: https://www.econbiz.de/10005665646