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Demanda industrial de energia elétrica em Minas Gerais, 1970-2002

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  • Mattos, Leonardo Bornacki de
  • Reis, Bricio dos Santos
  • Lima, Joao Eustaquio de
  • Lirio, Viviani Silva

Abstract

The main objective of this paper was to obtain an estimate for the industrial electricity demand in Minas Gerais in the period from 1970 to 2002. After identifying that the series were nonstationary, it was used the Cointegration approach, being estimated a Vector Error Correction Model (VEC Model). The results showed that both price and income elasticities are inferiors to the unit. The projections for period 2004/2008 indicate that the consumption of electricity should present superior taxes of growth to the observed ones in the decade of 90.

Suggested Citation

  • Mattos, Leonardo Bornacki de & Reis, Bricio dos Santos & Lima, Joao Eustaquio de & Lirio, Viviani Silva, 2005. "Demanda industrial de energia elétrica em Minas Gerais, 1970-2002," Revista de Economia e Agronegócio / Brazilian Review of Economics and Agribusiness, Federal University of Vicosa, Department of Agricultural Economics, vol. 3(1), pages 1-23.
    • Handle: RePEc:ags:rdeeag:56746
    DOI: 10.22004/ag.econ.56746
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    Keywords

    Demand and Price Analysis;

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