Dimitropoulos, John; Hunt, Lester; Judge, Guy - In: Applied Economics Letters 12 (2005) 4, pp. 239-244
Employing the Structural Time Series Model (STSM) approach suggested by Harvey (1997), and based on annual data for the UK from 1967-2002, this paper reiterates the importance of using a stochastic rather than a linear deterministic trend formulation when estimating energy demand models, a...
