Skip to content Skip to navigation
University of Warwick
  • Study
  • |
  • Research
  • |
  • Business
  • |
  • Alumni
  • |
  • News
  • |
  • About

University of Warwick
Publications service & WRAP

Highlight your research

  • WRAP
    • Home
    • Search WRAP
    • Browse by Warwick Author
    • Browse WRAP by Year
    • Browse WRAP by Subject
    • Browse WRAP by Department
    • Browse WRAP by Funder
    • Browse Theses by Department
  • Publications Service
    • Home
    • Search Publications Service
    • Browse by Warwick Author
    • Browse Publications service by Year
    • Browse Publications service by Subject
    • Browse Publications service by Department
    • Browse Publications service by Funder
  • Help & Advice
University of Warwick

The Library

  • Login
  • Admin

Seasonality, cointegration, and forecasting UK residential energy demand

Tools
- Tools
+ Tools

UNSPECIFIED (1999) Seasonality, cointegration, and forecasting UK residential energy demand. SCOTTISH JOURNAL OF POLITICAL ECONOMY, 46 (2). pp. 185-206.

Full text not available from this repository, contact author.

Request Changes to record.

Abstract

Much of the short-run movement in energy demand in the UK is seasonal, and the contribution of long-run factors to short-run forecasts is slight. Nevertheless, using a variety of techniques, including a recently developed estimation procedure that is applicable irrespective of the orders of integration of the data, we obtain a long-run income elasticity of demand of about one third, and we are unable to reject a zero price elasticity. An econometric model is shown to provide superior short-run forecasts to well-known seasonal time series models ex post, but is inferior to Box-Jenkins SARMA models when the determinants themselves have to be forecast. However, the relatively short data sample and small number of forecasts suggest caution in generalising these results.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
J Political Science > JA Political science (General)
Journal or Publication Title: SCOTTISH JOURNAL OF POLITICAL ECONOMY
Publisher: BLACKWELL PUBL LTD
ISSN: 0036-9292
Official Date: May 1999
Dates:
DateEvent
May 1999UNSPECIFIED
Volume: 46
Number: 2
Number of Pages: 22
Page Range: pp. 185-206
Publication Status: Published

Data sourced from Thomson Reuters' Web of Knowledge

Request changes or add full text files to a record

Repository staff actions (login required)

View Item View Item
twitter

Email us: publications@live.warwick.ac.uk
Contact Details
About Us