Demand Forecast of Petroleum Product Consumption in the Chinese Transportation Industry
In this paper, petroleum product (mainly petrol and diesel) consumption in the transportation sector of China is analyzed. This was based on the Bayesian linear regression theory and Markov Chain Monte Carlo method (MCMC), establishing a demand-forecast model of petrol and diesel consumption introdu...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2012-03-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | http://www.mdpi.com/1996-1073/5/3/577/ |