A Panel Data Analysis of Electric Consumptions in the Residential Sector
AbstractThe present work analyses a dataset on electricity consumption in an Italian region for a period of 11 years, using aggregated data on municipalities. Our aim is to estimate the value of the price elasticity, of the income elasticity and cross-price elasticity of other fuels and to analyse the influence of socio-economic, demographic, structural and climate variables on consumption levels and trends. The FEVD procedure, recently proposed by Plumper and Troeger (2007), is adopted to estimate panel data characterised by the presence of time invariant variables, or variables which vary rarely in time.
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Bibliographic InfoPaper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 200806.
Date of creation: 2008
Date of revision:
electricity consumption; demand analysis; panel data;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-07-14 (All new papers)
- NEP-ENE-2008-07-14 (Energy Economics)
- NEP-URE-2008-07-14 (Urban & Real Estate Economics)
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