A Panel Data Analysis of Electric Consumptions in the Residential Sector
Vania Statzu () and
Elisabetta Strazzera
Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia
Abstract:
The present work analyses a dataset on electricity consumption in an Italian region for a period of 11 years, using aggregated data on municipalities. Our aim is to estimate the value of the price elasticity, of the income elasticity and cross-price elasticity of other fuels and to analyse the influence of socio-economic, demographic, structural and climate variables on consumption levels and trends. The FEVD procedure, recently proposed by Plumper and Troeger (2007), is adopted to estimate panel data characterised by the presence of time invariant variables, or variables which vary rarely in time.
Keywords: electricity consumption; demand analysis; panel data (search for similar items in EconPapers)
JEL-codes: C23 Q41 Q48 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-ene and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:cns:cnscwp:200806
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