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Underlying Trends and Seasonality in UK Energy Demands: A Sectorial Analysis

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  • Hunt, L.C.
  • Judge, G.
  • Ninomiya, Y.

Abstract

This paper demonstrates the importance for energy demand modelling of allowing for trends and seasonal effects that are stochastic in form. Inherent underlying trends may be non-linear and reflect not only technical progress, which usually produces greater energy efficiency, but also other factors such as changes in consumer tastes and the economic structure that may be working in the opposite direction.

Suggested Citation

  • Hunt, L.C. & Judge, G. & Ninomiya, Y., 2000. "Underlying Trends and Seasonality in UK Energy Demands: A Sectorial Analysis," Papers 134, Portsmouth University - Department of Economics.
    • Handle: RePEc:fth:portec:134
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    References listed on IDEAS

    as
    1. Lester C Hunt & Guy Judge, 1996. "Evolving Seasonal Patterns In Uk Energy Series," World Scientific Book Chapters, in: G MacKerron & P Pearson (ed.), The Uk Energy Experience A Model or A Warning?, chapter 19, pages 259-270, World Scientific Publishing Co. Pte. Ltd..
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    More about this item

    Keywords

    ENERGY DEMAND ; EFFICIENCY ; INCOME;
    All these keywords.

    JEL classification:

    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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