The residential demand for electricity in Australia: an application of the bounds testing approach to cointegration

Energy Policy - Tập 33 - Trang 467-474 - 2005
Paresh Kumar Narayan1, Russell Smyth1
1Department of Economics, Monash University, Wellington Road, P.O. Box 11 E, Clayton, Victoria 3800, Australia

Tài liệu tham khảo

Abbott, 2001, Market power and the problem of security of supply in the national electricity market, Economic Papers, 20, 1, 10.1111/j.1759-3441.2001.tb00978.x Abbott, 2002, Completing the introduction of competition into the Australian electricity industry, Economic Papers, 21, 1, 10.1111/j.1759-3441.2002.tb00313.x Akmal, M., Stern, D., 2001. Residential energy demand in Australia: an application of dynamic OLS Working Papers in Ecological Economics. Centre for Resource and Environmental Studies, ANU, No. 0104. Al-Faris, 2002, The demand for electricity in the GCC countries, Energy Policy, 30, 117, 10.1016/S0301-4215(01)00064-7 Al-Zayer, 1996, Modelling the impact of temperature on electricity consumption in the eastern provinces of Saudi Arabia, Journal of Forecasting, 15, 97, 10.1002/(SICI)1099-131X(199603)15:2<97::AID-FOR608>3.0.CO;2-L Bartels, 1990, Integrating direct metering and conditional demand analysis for estimating end-use loads, Energy Journal, 11, 79, 10.5547/ISSN0195-6574-EJ-Vol11-No4-5 Bartels, 2000, Residential end-use electricity demand, Energy Journal, 21, 51, 10.5547/ISSN0195-6574-EJ-Vol21-No2-3 Bartels, 1996, Regional end-use gas demand in Australia, Economic Record, 72, 319, 10.1111/j.1475-4932.1996.tb00966.x Beenstock, 1999, The demand for electricity in Israel, Energy Economics, 21, 168, 10.1016/S0140-9883(98)00005-X Brown, 1975, Techniques for testing the constancy of regression relationships over time, Journal of the Royal Statistical Society, Series B, 37, 149 Chern, 1988, Structural change in residential electricity demand, Energy Economics, 10, 213, 10.1016/0140-9883(88)90005-9 Dincer, 1997, Energy and GDP, International Journal of Energy Research, 21, 153, 10.1002/(SICI)1099-114X(199702)21:2<153::AID-ER227>3.0.CO;2-Z Donnelly, 1984, Residential electricity demand modelling in the Australian Capital Territory, Energy Journal, 5, 119, 10.5547/ISSN0195-6574-EJ-Vol5-No2-8 Donnelly, 1985, Variable elasticity models for electricity demand, Energy Economics, 7, 159, 10.1016/0140-9883(85)90004-0 Donnelly, 1984, The retail demand for electricity in Tasmania, Australian Economic Papers, 23, 52, 10.1111/j.1467-8454.1984.tb00073.x Eltony, 1997, A cointegrating relationship in the demand for energy, Journal of Energy Development, 21, 293 Eltony, 1993, The structure of demand for electricity in the Gulf Co-operation Council Countries, Journal of Energy and Development, 18, 213 Engle, 1987, Cointegration and error correction representation, Econometrica, 55, 251, 10.2307/1913236 Ettestol, I., 2002. Estimating residential demand for electricity with smooth transition regression. Unpublished Manuscript, NTNU, Trondheim, Norway. Fiebig, 1991, A random co-efficient approach to the estimation of residential end-use profiles, Journal of Econometrics, 50, 297, 10.1016/0304-4076(91)90023-7 Filippini, 1999, Swiss residential demand for electricity, Applied Economics Letters, 6, 533, 10.1080/135048599352880 Flaig, 1990, Household production and short-run and long-run demand for electricity, Energy Economics, 12, 116, 10.1016/0140-9883(90)90045-H Griffin, 1974, The effects of higher prices on electricity consumption, Bell Journal of Economics, 5, 515, 10.2307/3003119 Hakkio, C.S., Rush, M., 1991. Cointegration: how short is the long-run? Journal of International Money and Finance December 571–581. Hansen, 1992, Tests for parameter stability in regressions with I(1) processes, Journal of Business and Economic Statistics, 10, 321, 10.2307/1391545 Hawkins, 1975, The demand for electricity, Economic Record, 51, 1, 10.1111/j.1475-4932.1975.tb00219.x Holtedahl, P., Joutz, F., 2000. Residential electricity demand in Taiwan. Unpublished Manuscript, Department of Economics, George Washington University. Johansen, 1988, Statistical analysis of cointegrating vectors, Journal of Economic Dynamics and Control, 12, 231, 10.1016/0165-1889(88)90041-3 Maddala, 1997, Estimation of short-run and long-run elasticities of energy demand from panel data using shrinkage estimators, Journal of Business and Economic Statistics, 15, 90, 10.2307/1392078 Mah, 2000, An empirical examination of the disaggregated import demand of Korea—the case of information technology products, Journal of Asian Economics, 11, 237, 10.1016/S1049-0078(00)00053-1 Miller, J., 2001. Modelling residential demand for electricity in the US: a semiparametric panel data approach. Unpublished Manuscript, Department of Economics, Rice University. Nasr, 2000, Econometric modelling of electricity consumption in post-war Lebanon, Energy Economics, 22, 627, 10.1016/S0140-9883(99)00039-0 Pesaran, 1997 Pesaran, M.H., Shin, Y., 1999. An autoregressive distributed lag modelling approach to cointegration analysis. In: Strom, S. (Ed.), Econometrics and Economic Theory in the 20th Century: The Ragnar Frisch Centennial Symposium. Cambridge University Press, Cambridge. Pesaran, 2001, Bounds testing approaches to the analysis of level relationships, Journal of Applied Econometrics, 16, 289, 10.1002/jae.616 Rushdi, 1986, Inter fuel substitution in the residential sector of South Australia, Energy Economics, 8, 177, 10.1016/0140-9883(86)90017-4 Silk, 1997, Short and long-run elasticities in US residential electricity demand, Energy Economics, 19, 493, 10.1016/S0140-9883(97)01027-X Supawat, R., 2000. Demand for residential electricity in the United States, Unpublished Manuscript.