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Uma Estimativa Da Demanda Industrial De Energia Elétrica No Brasil: 1974-2002

Author

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  • Mattos, Leonardo Bornacki de

Abstract

This work aims to quantify the relations between the electricity demand and its main determinants in the Industrial sector of Brazil, in the period between 1974 and 2002. After identifying that the studied series were nonstationary, the use of the Cointegration Approach and an Error-Correction Mechanism was opted . The results obtained have turned out as according to the expected. The industrial electricity demand is price inelastic in both short and long run. The results still pointed out that such demand is inelastic to income in the short run, but elastic in the long run. The parameter estimated for a substitute factor to the energy was not significant, indicating that there is no close substitute for electricity in the Industrial sector. This fact evidenced the necessity of a program of reorganization and expansion for the Brazilian Electrical system as condition for the maintenance and the growth of the industrial activity in the country.

Suggested Citation

  • Mattos, Leonardo Bornacki de, 2005. "Uma Estimativa Da Demanda Industrial De Energia Elétrica No Brasil: 1974-2002," Organizações Rurais e Agroindustriais/Rural and Agro-Industrial Organizations, Universidade Federal de Lavras, Departamento de Administracao e Economia, vol. 7(2), pages 1-9, May.
    • Handle: RePEc:ags:orarao:43986
    DOI: 10.22004/ag.econ.43986
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    File URL: https://ageconsearch.umn.edu/record/43986/files/Artigo%2010%20_04.124_.pdf
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    Cited by:

    1. Lucinda, Claudio Ribeiro & Anuatti Neto, Francisco, 2014. "Non-linear Demand and Price: An Empirical Analysis of the Brazilian Industrial Electricity Consumption," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 34(2), November.
    2. Daniel Morais de Souza & Rogerio Silva de Mattos & Alexandre Zanini, 2022. "Estimating Elasticities for the Residential Demand of Electricity in Brazil Using Cointegration Models," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 315-324, March.

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    Keywords

    Resource /Energy Economics and Policy;

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