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Friday, July 31, 2020 | History

2 edition of Income and price elasticities of energy consumption in Egypt found in the catalog.

Income and price elasticities of energy consumption in Egypt

JuМ„dah К»Abd al-KhaМ„liq

Income and price elasticities of energy consumption in Egypt

by JuМ„dah К»Abd al-KhaМ„liq

  • 203 Want to read
  • 39 Currently reading

Published by Cairo University, Massachusetts Institute of Technology, Technological Planning Program in [Cairo], Cambridge, Mass .
Written in English

    Places:
  • Egypt.
    • Subjects:
    • Energy consumption -- Egypt.,
    • Power resources -- Prices -- Egypt.,
    • Elasticity (Economics)

    • Edition Notes

      StatementGouda Abdel-Khalek ; [prepared by Technology and Development Program, Massachusetts Institute of Technology ; sponsored by United States Agency for International Development].
      SeriesTDP report ;, 84-7, Report TDP ;, 84-7.
      ContributionsMassachusetts Institute of Technology. Technology and Development Program., CU/MIT Technological Planning Program.
      Classifications
      LC ClassificationsHD9502.E32 A23 1984
      The Physical Object
      Pagination47 leaves :
      Number of Pages47
      ID Numbers
      Open LibraryOL2522954M
      LC Control Number87965736

      Companies with the highest income elasticities, like adidas and Nike, have also recorded the sharpest declines in the stock market. The best performer on the stock market from these selected companies, Kimberly-Clark, where the stock price rose by % over 21 February March, also shows low-income . changes in price or income. Econometric estimations illustrate that oil consumption is highly price inelastic both in short-run and long-run. Income elasticities are more elastic than price elasticities and close to unity in the long-run, indicating that countries are more sensitive to income changes.

      Relate cross-price elasticities of demand to gross substitutes and gross complements. Identify elastic and inelastic portions of a linear demand curve. Compute income elasticity of demand. Question: , the online bookseller, wants to increase its total revenue. One strategy is to offer a 10% discount on every book it sells. The Canadian MARKAL-ED model requires price elasticities on energy services to determine the change in demand when there is a constraint on the system, such as a carbon constraint. Up to now, price elasticities of residential energy services in Canada have been based on price-elasticities of residential utility consumption determined for.

      The purpose of this paper is to provide empirical estimates of the price and income elasticities of energy consumption in Egypt. It fills an important gap, since policy discussion of energy. The responsiveness of tobacco consumption to price and income increases is measured by the price and income elasticity of have estimated a wide range of price elasticities with most, but not all, Egypt Hanafy et al. () USA; Franz ().


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Income and price elasticities of energy consumption in Egypt by JuМ„dah К»Abd al-KhaМ„liq Download PDF EPUB FB2

See Ibrahim [22], Tables 6 and 7. 48 ENERGY ECONOMICS January Income and price elasticities of energy consumption in Egypt: G. Abdel-Khalek eoo Butagos 71 O Electricity i i t t i t r I Gas oil t 4ao t t t t '~ Gasoline t t~, t t z7o t _ / Kerosene i '-Fuel oil Cited by:   The assumption of zero price elasticities made in previous studies (Grösche and Schröder,Neuhoff et al., ) distorts actual income distributions after imposition of the burdens of price increases in two respects: If the modulus of energy price elasticities is larger than zero, households will reduce their energy consumption in Cited by: Countries are considered in two panels as high and low energy importing Income and price elasticities of energy consumption in Egypt book according to how much energy they import of their consumption.

Income and price elasticities of oil demand for Analysis of Price and Income Elasticities of Energy Demand in Ecuador: A Dynamic OLS Approach Kathia Pinz on Escuela Polit ecnica Nacional @ Abstract Energy consumption (EC) in Ecuador has increased signi cantly during the last decades, a ecting negatively the nancial position of the country since (1).

demand model, both short-run and long-run price and income elasticities were estimated by country. The study uses three types of dependent variable “energy demand” such as total primary energy consumption (TPES), total final energy consumption (TFEC) and total final oil consumption.

ity and sample-derived average electricity price, we provide country-specific price elasticity estimates and average income elasticity esti-mates,usingthedouble-logformofthedemandfunction. Formostcountriesinoursample,wefindstrongpriceresponsive-ness, with elasticities varying between − for Korea and − for.

UNESCO – EOLSS SAMPLE CHAPTERS THEORY AND PRACTICES FOR ENERGY EDUCATION, TRAINING, REGULATION AND STANDARDS – Price and Income Elasticities of Demand for Energy –©Encyclopedia of Life Support Systems (EOLSS) consumers choose to purchase quantities of goods in a manner that simply brings the.

Own-price, cross-price and income elasticities for the individual energy sources in the domestic mix are estimated using Deaton's method (Deaton,Deaton, ), which takes into account the unobservable nature of market prices for various energy sources, or other consumption goods, in similar household surveys.

The elasticity estimates. Income and price elasticities of electricity consumption are estimated at the national level for these consumers by pooling data across 19 states spread over 9 years (/86–/94). The results show that electricity consumption in commercial and large industrial sectors are income elastic (>1), while residential, agricultural and small and.

U.S. Energy Information Administration | Price Elasticities for Energy Use in Buildings of the United States 1 Introduction Energy demand tends to be responsive to changes in energy prices, a concept in economics known as price elasticity.

Generally, an increase in a fuel price causes users to use less of that fuel or switch to a. Income, energy prices, environmental innovation, human capital, and energy productivity are used as explanatory variables. Data on renewable energy consumption, income, and human capital come from World Development indicators; that on energy prices (EP) is from Global Carbon Atlas (GSA, ); energy productivity is sourced from OECD ().

We estimate time-varying income and price elasticities for energy demand for a country, middle-income (primarily non-OECD) balanced panel that spans To do so, we employ a recently developed nonparametric local linear dummy estimation method that estimates the trend and coefficient functions in a highly non-linear way.

"Income and price elasticities of energy consumption in Egypt: A time-series analysis," Energy Economics, Elsevier, vol.

10(1), pagesJanuary. Deaton, Angus, " Estimation of own- and cross-price elasticities from household survey data," Journal of Econometrics. term price elasticities and long-term price elasticities of energy demand (see Table 1 in the preceding section for a comparison with previous meta-analyses in the field).

Table 2 shows a. mitigation efforts such as energy consumption regulation may be required (Rajbhandari, Limmeechokchai, & Masui, ). To regulate energy consumption, policy makers are likely to formulate policies that affect prices. As such, the knowledge of consumer price elasticities of.

Mohammed A. Al-Sahlawi, "The Demand for Natural Gas: A Survey of Price and Income Elasticities," The Energy Journal, International Association for Energy Economics, vol.

0(Number 1), pages Hossein Razavi, "Natural Gas Pricing in Countries of the Middle East and North Africa," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3). The aim of this study is to present a theory-based comparative analysis of U.S sectoral energy price elasticities using the pooled mean group model.

The speed of adjustment for the four sectors were −, −, − and −, suggesting the existence of long-run relationships.

Downloadable. This study uses time series data of selected ASEAN and East Asia countries to investigate the patterns of price and income elasticity of energy demand. Applying a dynamic log-linear energy demand model, both short-run and long-run price and income elasticities were estimated by country.

The study uses three types of dependent variable “energy demand” such as total primary. The paper investigates gasoline consumption in case of oil-exporting country applying Time-varying Coefficient Cointegration approach to the data from to Empirical estimations show that long-run income and price elasticities are not constant and are responsive to price and Jeyhun Mikayilov, Fred Joutz, Fakhri Hasanov.

ticities. Using electricity consumption adjusted for load shedding to reflect actual demand and including consumption and prices data from K-Electric, the study aims at estimating revised income and price elasticities of electricity demand at aggregate and sectoral levels by employing the Autoregressive Distributive Lag (A.R.D.L.) method.

In economics, the income elasticity of demand is the responsiveness of the quantity demanded for a good to a change in consumer income. It is measured as the ratio of the percentage change in quantity demanded to the percentage change in income.

If a 10% increase in Mr. Smith's income causes him to buy 20% more bacon, Smith's income elasticity of demand for bacon is 20%/10% = 2. To estimate the trends in income and price elasticities, we followed the method developed by Fouquet and Pearson () that estimated the average value for fifty-year periods moving through time.

For example, the income and price elasticities of heating demand were estimated for the period –, –, and so on, until –  The estimations of cross-price elasticities show that the degree of substitution of soft drinks with plain water is higher compared to other beverages and high-energy dense foods.

A price increase in soft drinks is also associated with a higher quantity consumed of milk, coffee, tea and infusions, other sweetened beverages, sugar and desserts.