Kokkelenberg, Edward C; Mount, Timothy D. - In: The Energy Journal Volume 14 (1993) Number 2, pp. 113-138
This paper uses a Structural Econometric Model - Time Series Analysis to forecast the demand for electricity in the United States. The main innovation is to incorporate price shocks for oil into the model. The results show that if forecasts had been made with this model in the mid-1970s, they...