Accurate projections of electricity demand growth by end-use customer class (residential, commercial, industrial) are necessary for energy policy modelling, resource planning, and electricity pricing and procurement. Motivated by the expected trend of rising retail electricity prices in the US...

This study attempts to evaluate the energy and carbon footprint within the framework of international environmental treaties and the efforts made by 11 large polluting countries to mitigate climate change. The econometric methodology accounts for the presence of cross-sectional dependence while...

We study a dynamic stochastic general equilibrium model in which agents are concerned about model uncertainty regarding climate change. An externality from greenhouse gas emissions damages the economy’s capital stock. We assume that the mapping from climate change to damages is subject to...

This article focuses on the synthesis of conditional dependence structure of recursive Bayesian estimation of dynamic state space models with time-varying parameters using a newly modified recursive Bayesian algorithm. The results of empirical applications to climate data from Nigeria reveals...