The changing demand for energy in rich and poor countries over 25years
AbstractCountry-specific income and own-price elasticities of demand for private consumption of energy are compared across time and affluence for 43 countries that participated in the 1980, 1996, and 2005 International Comparison Program based on estimates from a ten-good-demand system. Results indicate that income elasticities of demand for energy are significantly larger than unitary in 1980, are approximately unitary in 1996 but become inelastic for all 43 countries in 2005. Own-price elasticities decrease absolutely going from 1980 to 1996 to 2005 ranging from −0.8 to −1.0 in 1980, −0.7 to −0.8 in 1996, and −0.6 to −0.7 in 2005. Elasticity estimates are also calculated for the set of countries in 1996 and 2005 that do not participate in the ICP in 1980.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Energy Economics.
Volume (Year): 34 (2012)
Issue (Month): 6 ()
Contact details of provider:
Web page: http://www.elsevier.com/locate/eneco
Energy demand; Income elasticity; Own-price elasticity; Cross-country demand;
Find related papers by JEL classification:
- Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
- Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply
- C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
- N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- George Kouris, 1983. "Energy Demand Elasticities in Industrialized Countries: A Survey," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 73-94.
- Brenton, P., 1995.
"Estimates of the Demand for Energy Using Cross-Country Consumption Data,"
95-25, Department of Economics, University of Birmingham.
- Paul Brenton, 1997. "Estimates of the demand for energy using cross-country consumption data," Applied Economics, Taylor and Francis Journals, vol. 29(7), pages 851-859.
- James L. Seale & Anita Regmi, 2006. "Modeling International Consumption Patterns," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 52(4), pages 603-624, December.
- Dale S. Rothman & J. Ho Hong & Timothy D. Mount, 1994. "Estimating Consumer Energy Demand Using International Data: Theoretical and Policy Implications," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 67-88.
- Barten, A. P., 1969. "Maximum likelihood estimation of a complete system of demand equations," European Economic Review, Elsevier, vol. 1(1), pages 7-73.
- Robert S. Pindyck, 1979. "The Structure of World Energy Demand," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262661772, June.
- Dahl, Carol A., 1993. "A survey of energy demand elasticities in support of the development of the NEMS," MPRA Paper 13962, University Library of Munich, Germany.
- Kenneth W. Clements & Dongling Chen, 2010.
"Affluence and Food: A Simple Way to Infer Incomes,"
American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 92(4), pages 909-926.
- Seale, James Jr. & Walker, Wayne E. & Kim, In-Moo, 1991. "The demand for energy : Cross-country evidence using the Florida model," Energy Economics, Elsevier, vol. 13(1), pages 33-40, January.
- Timmer, C Peter, 1981. "Is There "Curvature" in the Slutsky Matrix?," The Review of Economics and Statistics, MIT Press, vol. 63(3), pages 395-402, August.
- Kouris, George, 1983. "Energy consumption and economic activity in industrialized economies--a note," Energy Economics, Elsevier, vol. 5(3), pages 207-212, July.
- Andrew C. Harvey, 1990. "The Econometric Analysis of Time Series, 2nd Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 026208189x, June.
- Fiebig, Denzil G. & Seale, James & Theil, Henri, 1987. "The demand for energy : Evidence from a cross-country demand system," Energy Economics, Elsevier, vol. 9(3), pages 149-153, July.
- Zilberfarb, Ben-Zion & Adams, F. Gerard, 1981. "The energy-GDP relationship in developing countries : Empirical evidence and stability tests," Energy Economics, Elsevier, vol. 3(4), pages 244-248, October.
- Muhammad, Andrew & Meade, Birgit Gisela Saager, 2011. "International Evidence on Food Consumption Patterns: An Update Using 2005 International Comparison Program Data," Technical Bulletins 120252, United States Department of Agriculture, Economic Research Service.
- Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-26, June.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wendy Shamier).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.