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Most of the medium-run growth in energy demand is forecast to come from the developing world, which consumed more total units of energy than the developed world in 2007. We argue that the main driver of the growth is likely to be increased incomes among the poor and near-poor. We document that...
Persistent link: https://www.econbiz.de/10013066849
Most of the medium-run growth in energy demand is forecast to come from the developing world, which consumed more total units of energy than the developed world in 2007. We argue that the main driver of the growth is likely to be increased incomes among the poor and near-poor. We document that...
Persistent link: https://www.econbiz.de/10012460912
This paper uses a macroeconomic approach to develop a long-run electricity demand model to analyze the main factors affecting electricity demand in the Peopleís Republic of China (PRC). As expected, the relationship among variables is more stable and significant after the PRCís economic...
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