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A platform for research: civil engineering, architecture and urbanism
The Impact of Temperature Change on Energy Demand: A Dynamic Panel Analysis
This paper presents an empirical study of energy demand, in which demand for a series of energy goods (Gas, Oil Products, Coal, Electricity) is expressed as a function of various factors, including temperature. Parameter values are estimated econometrically, using a dynamic panel data approach. Unlike previous studies in this field, the data sample has a global coverage, and special emphasis is given to the dynamic nature of demand, as well as to interactions between income levels and sensitivity to temperature variations. These features make the model results especially valuable in the analysis of climate change impacts. Results are interpreted in terms of derived demand for heating and cooling. Non-linearities and discontinuities emerge, making it necessary to distinguish between different countries, seasons, and energy sources. Short- and long-run temperature elasticities of demand are estimated.
The Impact of Temperature Change on Energy Demand: A Dynamic Panel Analysis
This paper presents an empirical study of energy demand, in which demand for a series of energy goods (Gas, Oil Products, Coal, Electricity) is expressed as a function of various factors, including temperature. Parameter values are estimated econometrically, using a dynamic panel data approach. Unlike previous studies in this field, the data sample has a global coverage, and special emphasis is given to the dynamic nature of demand, as well as to interactions between income levels and sensitivity to temperature variations. These features make the model results especially valuable in the analysis of climate change impacts. Results are interpreted in terms of derived demand for heating and cooling. Non-linearities and discontinuities emerge, making it necessary to distinguish between different countries, seasons, and energy sources. Short- and long-run temperature elasticities of demand are estimated.
The Impact of Temperature Change on Energy Demand: A Dynamic Panel Analysis
Cian, Enrica De (author) / Lanzi, Elisa (author) / Roson, Roberto (author)
2007-01-01
RePEc:fem:femwpa:2007.46
Paper
Electronic Resource
English
Nachfrage , Temperature , ddc:330 , Q54 , Q41 , C3 , Dynamic Panel , Energie , Welt , Energy Demand , Cooling Heating Effect , Klimaveränderung , Preiselastizität
Public transport demand: dynamic panel model analysis
| Online Contents | 2015
Public transport demand: dynamic panel model analysis
| Online Contents | 2015