Modeling of Electricity Demand for Azerbaijan: Time-Varying Coefficient Cointegration Approach

Recent literature has shown that electricity demand elasticities may not be constant over time and this has investigated using time-varying estimation methods. As accurate modeling of electricity demand is very important in Azerbaijan, which is a transitional country facing significant change in its...

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Bibliographic Details
Main Authors: Jeyhun I. Mikayilov, Fakhri J. Hasanov, Carlo A. Bollino, Ceyhun Mahmudlu
Format: Article
Language:English
Published: MDPI AG 2017-11-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/10/11/1918