Electricity demand modeling in Saudi Arabia: Do regional differences matter?

被引：0

作者：

Mikayilov J.I. ^{[1
,2
]}

Hasanov F.J. ^{[1
,3
]}

Olagunju W. ^{[4
]}

Al-Shehri M.H. ^{[5
]}

机构：

[1] King Abdullah Petroleum Studies and Research Center, PO Box 88550, Riyadh

[2] Azerbaijan State University of Economics (UNEC), Istiqlaliyyat Str., 6, Baku

[3] The George Washington University, 2115 G Street, NW, Washington, 20052, DC

[4] Ministry of Energy, King Saud St., Al Wizarat, Riyadh

[5] Saudi Electricity Company, Takhassusi St., Riyadh

来源：

Electricity Journal | 2020年 / 33卷 / 06期

关键词：

Cointegration; Electricity demand; Price elasticity; Regions; Saudi Arabia;

D O I：

10.1016/j.tej.2020.106772

中图分类号：

学科分类号：

摘要：

The paper examines the electricity demand behavior for Saudi Arabia, using annual data for the period of 1990–2016, at regional level. The study finds that income, price and population are the main drivers of electricity demand at regional level. Although, the impacts vary across regions (central, eastern, southern and western), the estimated elasticities all are statistically significant, in both long and short run, and have the expected signs for all the regions. The income, price and population elasticities range from 0.10 to 0.93, from -0.63 to -0.06, and from 0.24 to 0.95, respectively, across regions in the long run. In the short run these intervals are (0.05, 0.47), (−0.27, −0.01) and (0.13, 1.49) respectively for income, price and population across the regions. The findings reported in this paper, should assist policy makers to develop insights about the potential regional impact of changes to electricity prices, income and population patterns. © 2020 The Author(s)

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