IDEAS home Printed from https://ideas.repec.org/a/nov/artigo/v15y2005i3p31-52.html
   My bibliography  Save this article

Demanda residencial de energia elétrica em Minas Gerais: 1970-2002 [Residential demand for electrical energy in Minas Gerais: 1970-2002]

Author

Listed:
  • Leonardo Bornacki de Mattos

    (UFV)

  • João Eustáquio de Lima

    (UFV)

Abstract

The objective of this study was to obtain an estimate for residential electricity demand in Minas Gerais in the period from 1970 to 2002. Specifically, the goal was to estimate price and income elasticities. After determining that the series under study were non-stationary, we chose to use the Co-integration approach, estimating a Vector Error Correction Model (VEC Model). The results obtained show that the demand studied is more sensible to variations in the income than to the price of the electricity, although both elasticities are inferior to the unit. It was also concluded that price-elasticity is higher in Minas Gerais than it is for Brazil as a whole, suggesting differentiated usage of this energy among the different states in the Country.

Suggested Citation

  • Leonardo Bornacki de Mattos & João Eustáquio de Lima, 2005. "Demanda residencial de energia elétrica em Minas Gerais: 1970-2002 [Residential demand for electrical energy in Minas Gerais: 1970-2002]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 15(3), pages 31-52, September.
    • Handle: RePEc:nov:artigo:v:15:y:2005:i:3:p:31-52
    as

    Download full text from publisher

    File URL: http://www.face.ufmg.br/novaeconomia/sumarios/v15n3/150302.pdf
    Download Restriction: no
    File URL: http://www.scielo.br/scielo.php?script=sci_pdf&pid=S0103-63512005000300002&lng=pt&nrm=iso&tlng=pt
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pereira Uhr, Daniel de Abreu & Squarize Chagas, André Luis & Ziero Uhr, Júlia Gallego, 2019. "Estimation of elasticities for electricity demand in Brazilian households and policy implications," Energy Policy, Elsevier, vol. 129(C), pages 69-79.
    2. 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.

    More about this item

    Keywords

    residential demand; electricity; co-integration; VECM;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nov:artigo:v:15:y:2005:i:3:p:31-52. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lucas Resende de Carvalho (email available below). General contact details of provider: https://edirc.repec.org/data/fufmgbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.