کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5063899 1476704 2016 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Disentangling temporal patterns in elasticities: A functional coefficient panel analysis of electricity demand*
ترجمه فارسی عنوان
انحلال الگوهای زمانی در الاستیسیته: تجزیه و تحلیل پانل ضریب عملکرد تقاضای برق *
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی انرژی (عمومی)
چکیده انگلیسی


- Introduced a panel model with a nonparametric functional coefficient of multiple arguments
- Model allows nonlinearity and parameter instability
- Applied to the relationship between real GDP and electricity consumption
- Elasticities have decreased over time in developed countries
- Decrease cannot be entirely explained by changes in GDP itself or by sectoral shifts

We introduce a panel model with a nonparametric functional coefficient of multiple arguments. The coefficient is a function both of time, allowing temporal changes in an otherwise linear model, and of the regressor itself, allowing nonlinearity. In contrast to a time series model, the effects of the two arguments can be identified using a panel model. We apply the model to the relationship between real GDP and electricity consumption. Our results suggest that the corresponding elasticities have decreased over time in developed countries, but that this decrease cannot be entirely explained by changes in GDP itself or by sectoral shifts.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Economics - Volume 60, November 2016, Pages 232-243
نویسندگان
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