In this paper we use multivariate cointegration analysis to estimate electricity demand elasticities at the subsectoral … structural breaks we find cointegration relationships for five of the eight subsectors studied. The long-run elasticities range …

-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector error …

-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector … Langfristbeziehung differenziert werden. In der Tat deutet Kointegration zwischen den gemeinsamen Faktoren der zugrundeliegenden …

The present paper shows how cointegration analysis within a multivariate framework may be applied for the estimation of …

The present paper shows how cointegration analysis within a multivariate framework may be applied for the estimation of …

low price elasticities. Furthermore, estimation results strongly depend on the observation period. Minor variations in the … estimation period typically lead to insignificant price terms often displaying the wrong sign. Based on an extensive econometric …. We find that imports, exports, investment, and a relative import price form highly stable cointegration relationships …

estimation method that estimates the trend and coefficient functions in a highly non-linear way. We find that the price …