Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10282123 | Applied Energy | 2005 | 10 Pages |
Abstract
The principal objective of the present study is to examine the possibilities of using a Gompertz-type innovation diffusion process as a stochastic growth model of natural-gas consumption in Spain, and to compare our results with those obtained, on the one hand, by stochastic logistic innovation modelling and, on the other, by using a stochastic lognormal growth model based on a non-innovation diffusion process. Such a comparison is carried out taking into account the macroeconomic characteristics and natural-gas consumption patterns in Spain, both of which reflect the current expansive situation characterizing the Spanish economy. From the technical standpoint a contribution is also made to the theory of the stochastic Gompertz Innovation diffusion process (SGIDP), as applied to the case in question.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
R. Gutiérrez, A. Nafidi, R. Gutiérrez Sánchez,