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A panel cointegration approach to estimating substitution elasticities in consumption

โœ Scribed by Monica Auteri; Mauro Costantini

Book ID
116424042
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
190 KB
Volume
27
Category
Article
ISSN
0264-9993

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Electricity consumption in G7 countries:
Electricity consumption in G7 countries: A panel cointegration analysis of residential demand elasticities
โœ Paresh Kumar Narayan; Russell Smyth; Arti Prasad ๐Ÿ“‚ Article ๐Ÿ“… 2007 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 259 KB

This article applies recently developed panel unit root and panel cointegration techniques to estimate the long-run and short-run income and price elasticities for residential demand for electricity in G7 countries. The panel results indicate that in the long-run residential demand for electricity i