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Residential energy demand analysis: An empirical application of the closure test principle

โœ Scribed by Reinhard Madlener; Raimund Alt

Publisher
Springer-Verlag
Year
1996
Tongue
English
Weight
958 KB
Volume
21
Category
Article
ISSN
0377-7332

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This paper reports estimates of the long-and short-run elasticities of residential demand for electricity in Australia using the bounds testing procedure to cointegration, within an autoregressive distributive lag framework. In the long run, we find that income and own price are the most important d