The Econometrics of Energy Demand: A Survey of Applications
The energy crisis is the background for this insightful volume, which brings together several important strands of energy modeling work into an integrated unit. The Econometrics of Energy Demand successfully ties together, within a general policy-modeling context, models which assist in developing policy alternatives, as well as those which incorporate variables over which the decision-maker may exercise control. The process of model development includes: problem indentification; model selection; database construction; implementation and documentation.
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Electricity Demand Modeling
Gasoline Demand Modeling
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1-O model adjustment aggregate manufacturing alternative approach assumption Australian Capital Territory Australian National University average behavior Berndt Canberra changes collinearity Compiled cost function Dataset Demand Elasticities Demand for Electricity Demand for Energy demand model derived developed econometric methods Economics and Statistics elasticity of substitution electricity consumption electricity demand Energy Consumption energy demand Energy Economics Energy Modeling Equation exogenous variables factors Flexible Functional Forms forecasting formulation fuels gasoline gasoline demand household Houthakker hypothesis income elasticities inputs Iron and Steel kilowatt-hours labor linear logarithmic long-run marginal price mathematical programming matrix Mimeo modeling strategy output parameter estimates percent price elasticity problem production function regional Regression relationships Residential Demand Residential Electricity retail Review of Economics Saddler scenarios sectors serial correlation Source South Australia South Wales specification steel industry stock of vehicles Table Tasmania techniques theory time-series analysis tion translog Turnovsky Western Australia