期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2011
卷号：1
期号：4
页码：116-139
语种：English
出版社：EconJournals
摘要：Study utilizes cointegration and vector error correction analysis to determination the long and short run dynamics between electricity demand and its determinants. Study uses time series data for Pakistan from 1970 to 2010. Johansen cointegration test indicate that variables integrate in the long run. Error correction term reflects the convergence of variables towards equilibrium. Electricity acts as a necessity in short run and luxury in long run. Study concludes that effective price and income policies, group pricing policy and peak-load pricing policy should be exercised for electricity demand management. Keywords: Electricity Intensity; Peak-load Pricing; Derived demand; Pakistan JEL Classifications: Q400; Q410
