Showing 1 - 6 of 6
By employing dynamic panel models we estimate the price and output elasticities of aggregate industrial electricity demand for OECD and non-OECD countries. The unbalanced data span 1978-2016 and include 35 OECD/hi-income countries and 30 non-OECD/middle-income countries, and our dynamic panel...
Persistent link: https://www.econbiz.de/10014101357
Energy intensity in the OECD manufacturing sector has been falling since the oil crises in the 1970s. Studies in energy intensity identified that spatial considerations are important, and there exists a great deal of heterogeneity in energy intensities amongst countries and sectors. This paper...
Persistent link: https://www.econbiz.de/10013024176
This paper determines whether gasoline income and price elasticities have changed. To do so, the paper considers a balanced, but particularly long (1960-2017) panel of 17 OECD countries. In addition, it employs two methods that vary to the extent that they allow for cross-sectional and time...
Persistent link: https://www.econbiz.de/10013292409
Understanding the income/GDP and price elasticities of energy/electricity demand is important for forecasting demand and evaluation of the potential impact of policies. Recent work on the GDP elasticity of economy-wide electricity demand has suggested that this elasticity is both substantially...
Persistent link: https://www.econbiz.de/10013294823
This analysis provides an international perspective geared towards understanding the future demands being placed on the world's electricity system. It focuses upon the household or residential demand for electricity in a number of high-income and middle-income countries that may raise power...
Persistent link: https://www.econbiz.de/10012834556
Understanding the income/GDP and price elasticities of electricity demand is important for forecasting demand and evaluation of the potential impact of policies. Yet, there has been little work on this topic that focuses on countries outside the OECD. We employ a new database of cross-country...
Persistent link: https://www.econbiz.de/10013294822