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A Panel Data Analysis of Electric Consumptions in the Residential Sector

Author

Listed:
  • V. Statzu
  • E. Strazzera

Abstract

The 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.

Suggested Citation

  • V. Statzu & E. Strazzera, 2008. "A Panel Data Analysis of Electric Consumptions in the Residential Sector," Working Paper CRENoS 200806, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    • Handle: RePEc:cns:cnscwp:200806
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    Citations

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    Cited by:

    1. Sapio, Alessandro & Spagnolo, Nicola, 2020. "The effect of a new power cable on energy prices volatility spillovers," Energy Policy, Elsevier, vol. 144(C).
    2. Sapio, Alessandro, 2019. "Greener, more integrated, and less volatile? A quantile regression analysis of Italian wholesale electricity prices," Energy Policy, Elsevier, vol. 126(C), pages 452-469.

    More about this item

    Keywords

    electricity consumption; demand analysis; panel data;
    All these keywords.

    JEL classification:

    • 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
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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