کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
7402550 | 1481291 | 2014 | 5 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Short- and long-run elasticities of electricity demand in the Korean service sector
ترجمه فارسی عنوان
انعطاف پذیری کوتاه مدت و بلند مدت تقاضای برق در بخش خدمات کره ای
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کلمات کلیدی
قابلیت ارتجاعی، تقاضای برق در بخش خدمات، مدل تصحیح خطا،
موضوعات مرتبط
مهندسی و علوم پایه
مهندسی انرژی
مهندسی انرژی و فناوری های برق
چکیده انگلیسی
This paper attempts to examine the electricity demand function in the Korean service sector using the annual data covering the period 1970-2011. The short- and long-run elasticities of electricity demand with respect to price and income are empirically estimated using a co-integration and error-correction model. The short- and long-run price elasticities are estimated to be â0.421 and â1.002, respectively. The short- and long-run income elasticities are computed to be 0.855 and 1.090, respectively. Electricity demand in the service sector is inelastic to changes in both price and income in the short-run, but elastic in the long-run. Therefore, it appears that a pricing policy is more effective than the direct regulation of reducing electricity demand in the long-run in order to stabilize the electricity demand in the service sector. Moreover, it is necessary to encourage a more efficient use of electricity to cope with increasing demand for electricity following economic growth because the electricity demand in the service sector is income-elastic in the long-run.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 67, April 2014, Pages 517-521
Journal: Energy Policy - Volume 67, April 2014, Pages 517-521
نویسندگان
Kyoung-Min Lim, Seul-Ye Lim, Seung-Hoon Yoo,