Accounting for Nonlinearity, Asymmetry, Heterogeneity, and Cross-Sectional Dependence in Energy Modeling: US State-Level Panel Analysis

Accounting for Nonlinearity, Asymmetry, Heterogeneity, and Cross-Sectional Dependence in Energy Modeling: US State-Level Panel Analysis

This paper provides an example of several modeling and econometric advances used in the panel estimation of energy demand elasticities. The paper models the demand of total, industrial, and transport energy consumption and residential and commercial electricity consumption by analyzing US state-base...

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Bibliographic Details
Main Author: Brantley Liddle
Format: Article
Language:English
Published: MDPI AG 2017-08-01
Series:Economies
Subjects:
disaggregated energy demand
dynamic common factor panel models
nonstationary
heterogeneous panels
nonlinear
asymmetric relationships
US states
Online Access:https://www.mdpi.com/2227-7099/5/3/30

Internet

https://www.mdpi.com/2227-7099/5/3/30

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