Madlener, Reinhard - 1996
energy demand elasticities in order to account for the non-stationarity of the time series used. The dynamic modelling … energy demand over the period 1970 to 1993. The explanatory variables used are real energy price, real disposable income, and …-run energy demand elasticities derived are -0.02 for price, +1.13 for income, and +0.77 for temperature. The long-run system of …