TY - JOUR
T1 - Electricity demand in MENA countries
T2 - A panel cointegration analysis
AU - Karimi, Mohammad Sharif
AU - Karamelikli, Huseyin
N1 - Publisher Copyright:
© 2016, University of Teheran. All rights reserved.
PY - 2016
Y1 - 2016
N2 - In this study, we applied recently developed panel unit root and cointegration techniques to examine the long-run real income per capita and price elasticities for demand of electricity in selected Middle East and North African (MENA) countries using an annual data series from 1990 to 2011.Our main finding from the panel analysis is that the demand for electricity is highly price elastic and slightly income elastic in the long run for MENA countries. Our findings are consistent with the argument that the demand for electricity in the MENA countries is affected largely by strong economic growth.
AB - In this study, we applied recently developed panel unit root and cointegration techniques to examine the long-run real income per capita and price elasticities for demand of electricity in selected Middle East and North African (MENA) countries using an annual data series from 1990 to 2011.Our main finding from the panel analysis is that the demand for electricity is highly price elastic and slightly income elastic in the long run for MENA countries. Our findings are consistent with the argument that the demand for electricity in the MENA countries is affected largely by strong economic growth.
KW - Demand for electricity
KW - MENA
KW - Panel cointegration
UR - http://www.scopus.com/inward/record.url?scp=84983288365&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:84983288365
SN - 1026-6542
VL - 20
SP - 81
EP - 92
JO - Iranian Economic Review
JF - Iranian Economic Review
IS - 1
ER -
