IDEAS home Printed from https://ideas.repec.org/a/spr/nathaz/v75y2015i2p2039-2047.html
   My bibliography  Save this article

Impacts of socioeconomic factors on monthly electricity consumption of China’s sectors

Author

Listed:
  • Jing-Li Fan

    ()

  • Bao-Jun Tang
  • Hao Yu
  • Yun-Bing Hou
  • Yi-Ming Wei

Abstract

In this paper, we report eight sets of multivariate regression equations, introducing the socioeconomic factors for the estimation models of monthly electricity consumption in the primary, secondary, tertiary industry, and the household sectors, to study the quantitative effects of socioeconomic factors (electricity real price, activity level, income, holiday, etc.). The results demonstrate that the price elasticity of electricity demand in the household and the secondary industry sectors is significant. When the electricity price increases by 1 %, the demand in the household and secondary industry sectors reduces by 0.4–0.5 % with a time lag for the latter. Copyright Springer Science+Business Media Dordrecht 2015

Suggested Citation

  • Jing-Li Fan & Bao-Jun Tang & Hao Yu & Yun-Bing Hou & Yi-Ming Wei, 2015. "Impacts of socioeconomic factors on monthly electricity consumption of China’s sectors," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 75(2), pages 2039-2047, January.
  • Handle: RePEc:spr:nathaz:v:75:y:2015:i:2:p:2039-2047
    DOI: 10.1007/s11069-014-1410-2
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11069-014-1410-2
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Jing-Li Fan & Bao-Jun Tang & Hao Yu & Yun-Bing Hou & Yi-Ming Wei, 2015. "Impact of climatic factors on monthly electricity consumption of China’s sectors," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 75(2), pages 2027-2037, January.
    2. Labandeira, Xavier & Labeaga, José M. & López-Otero, Xiral, 2012. "Estimation of elasticity price of electricity with incomplete information," Energy Economics, Elsevier, vol. 34(3), pages 627-633.
    3. Jin-Ping Huang, 1993. "Electricity consumption and economic growth A case study of China," Energy Policy, Elsevier, vol. 21(6), pages 717-720, June.
    4. Considine, Timothy J., 2000. "The impacts of weather variations on energy demand and carbon emissions," Resource and Energy Economics, Elsevier, vol. 22(4), pages 295-314, October.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. repec:spr:nathaz:v:88:y:2017:i:3:d:10.1007_s11069-017-2937-9 is not listed on IDEAS

    More about this item

    Keywords

    Socioeconomic factors; Monthly electricity consumption; Price elasticity;

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

    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:spr:nathaz:v:75:y:2015:i:2:p:2039-2047. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.