A theoretical model and a two-stage econometric estimation procedure are proposed for determining the parameters of industry-region-specific cost, input-demand, or other functions using grouped data. The model and estimation procedure are appropriate when only marginal totals or averages are available, or when data are classified by both region and industry but many cells are empty or sparsely represented. An application is reported in which load functions for the hourly input of electricity are estimated for each day of the week and each month of the year in each cell of a 31 x 7 industry-region matrix. The use of the model to simulate the sensitivity of electricity demand to regional location and weather variability is illustrated.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.