Demanda industrial de energia elÃ©trica em Minas Gerais, 1970-2002
AbstractThe 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.
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Bibliographic InfoArticle provided by Federal University of Vicosa, Department of Agricultural Economics in its journal Revista de Economia e Agronegocio / Brazilian Review of Economics and Agribusiness.
Volume (Year): 3 (2005)
Issue (Month): 1 ()
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Industrial Demand; Electricity; Cointegration; VEC Model; Demand and Price Analysis;
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