Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74260
Authors: 
Bigano, Andrea
Bosello, Francesco
Marano, Giuseppe
Year of Publication: 
2006
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 112.2006
Abstract: 
This paper is a first attempt to investigate the effect of climate on the demand for different energy vectors from different final users. The ultimate motivation for this is to arrive to a consistent evaluation of the impact of climate change on key consumption goods and primary factors such as energy vectors. This paper addresses these issues by means of a dynamic panel analysis of the demand for coal, gas, electricity, oil and oil products by residential, commercial and industrial users in OECD and (a few) non-OECD countries. It turns out that temperature has a very different influence on the demand of energy vectors as consumption goods and on their demand as primary factors. In general, residential demand responds negatively to temperature increases, while industrial demand is insensitive to temperature increases. As to the service sector, only electricity demand displays a mildly significant negative elasticity to temperature changes.
Subjects: 
Energy Demand
Temperature
Dynamic Panels
JEL: 
C3
Q41
Q54
Document Type: 
Working Paper

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