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Residential demand for energy: a time-series and cross-sectional analysis for eight OECD countries

Technical Report ·
OSTI ID:6485120
The purpose of this study is to develop an econometric model of residential energy demand at the end-use level for the eight countries in the Organization of Economic Cooperation and Development (OECD). A multinomial logit model was developed and estimated for the total residential demand and the space heating component. The model consists of an aggregate demand equation and a set of fuel share equations. Annual data for selected years during 1960 to 1979 from eight countries are pooled for estimation. The statistical results show that energy price, income, heating degree days, house size, and the saturation of central heating are important determinants for total residential demand and its space heating component. In other words, the differences in residential energy use patterns among the eight OECD countries can be explained by the differences in these structural variables. Four sets of energy demand elasticities were computed from the model's estimates. The estimates of the overall price elasticity are -0.513 and -0.356 for the total residential demand and space heating demand, respectively. The corresponding estimates of income elasticity are 0.771 and 0.465. The other fuel share elasticities and conventional fuel demand elasticities were also computed and presented in the report.
Research Organization:
Lawrence Berkeley Lab., CA (USA)
DOE Contract Number:
AC03-76SF00098
OSTI ID:
6485120
Report Number(s):
LBL-14251; ON: DE83008650
Country of Publication:
United States
Language:
English