UK energy market: An analysis of energy demands. Part I: A disaggregated sectorial approach

F. B. Blakemore; C. Davies; J. G. Isaac

doi:10.1016/0306-2619(94)90014-0

UK energy market: An analysis of energy demands. Part I: A disaggregated sectorial approach

F. B. Blakemore, C. Davies^*, J. G. Isaac

^*Corresponding author for this work

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4 Citations (Scopus)

Abstract

An econometric model has been used in a disaggregated approach to study the effect of energy demand for the Manufacturing Sector (1960-1987) and Domestic sector (1970-1987) respectively. The chosen model in each sector exhibits highly statistical significant coefficients for GDP, output, disposable income and energy price determinants. The GDP income elasticity was shown to be prominent in all models. The chosen model for each sector exhibited good predictive ability suggesting that it could be used for forecasting.

Original language	English
Pages (from-to)	261-277
Number of pages	17
Journal	Applied Energy
Volume	48
Issue number	3
DOIs	https://doi.org/10.1016/0306-2619(94)90014-0
Publication status	Published - 1994

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title = "UK energy market: An analysis of energy demands. Part I: A disaggregated sectorial approach",

abstract = "An econometric model has been used in a disaggregated approach to study the effect of energy demand for the Manufacturing Sector (1960-1987) and Domestic sector (1970-1987) respectively. The chosen model in each sector exhibits highly statistical significant coefficients for GDP, output, disposable income and energy price determinants. The GDP income elasticity was shown to be prominent in all models. The chosen model for each sector exhibited good predictive ability suggesting that it could be used for forecasting.",

author = "Blakemore, {F. B.} and C. Davies and Isaac, {J. G.}",

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AU - Davies, C.

AU - Isaac, J. G.

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AB - An econometric model has been used in a disaggregated approach to study the effect of energy demand for the Manufacturing Sector (1960-1987) and Domestic sector (1970-1987) respectively. The chosen model in each sector exhibits highly statistical significant coefficients for GDP, output, disposable income and energy price determinants. The GDP income elasticity was shown to be prominent in all models. The chosen model for each sector exhibited good predictive ability suggesting that it could be used for forecasting.

U2 - 10.1016/0306-2619(94)90014-0

DO - 10.1016/0306-2619(94)90014-0

M3 - Article

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VL - 48

SP - 261

EP - 277

JO - Applied Energy

JF - Applied Energy

SN - 0306-2619

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ER -

UK energy market: An analysis of energy demands. Part I: A disaggregated sectorial approach

Abstract

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