Aplicación del modelo quaids a la demanda energética residencial en España

Pablo Gálvez; Petr Mariel; David Hoyos

Aplicación del modelo quaids a la demanda energética residencial en España

Translated title of the contribution: Aplication of the quaids model to the residential energy demand in Spain

Pablo Gálvez
, Petr Mariel
, David Hoyos

Department of Engineering and Technology

University of the Basque Country

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

Abstract

This paper analyzes the Spanish housing demand for electricity, natural gas, liquefied petroleum gas (LPG) and liquid fuels using a QUAIDS model. Since not all households consume all fuels at a time, this model is adapted to consider censored data. The data used belong to the Spanish Encuesta de Presupuestos Familiares (EPF) of 2013. The results indicate that the demand for electricity and liquid fuel have inelastic price elasticity, while natural gas and LPG are sensitive to changes in demand prices. Furthermore, all fuels are normal goods, although the demand for LPG is the most sensitive to changes in household income.

Translated title of the contribution	Aplication of the quaids model to the residential energy demand in Spain
Original language	Spanish
Pages (from-to)	87-108
Number of pages	22
Journal	Revista de Economia Aplicada
Volume	24
Issue number	72
State	Published - 1 Dec 2016

Cite this

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title = "Aplicaci{\'o}n del modelo quaids a la demanda energ{\'e}tica residencial en Espa{\~n}a",

abstract = "This paper analyzes the Spanish housing demand for electricity, natural gas, liquefied petroleum gas (LPG) and liquid fuels using a QUAIDS model. Since not all households consume all fuels at a time, this model is adapted to consider censored data. The data used belong to the Spanish Encuesta de Presupuestos Familiares (EPF) of 2013. The results indicate that the demand for electricity and liquid fuel have inelastic price elasticity, while natural gas and LPG are sensitive to changes in demand prices. Furthermore, all fuels are normal goods, although the demand for LPG is the most sensitive to changes in household income.",

keywords = "Censoring, QUAIDS model, Residential energy demand",

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T1 - Aplicación del modelo quaids a la demanda energética residencial en España

AU - Gálvez, Pablo

AU - Mariel, Petr

AU - Hoyos, David

PY - 2016/12/1

Y1 - 2016/12/1

N2 - This paper analyzes the Spanish housing demand for electricity, natural gas, liquefied petroleum gas (LPG) and liquid fuels using a QUAIDS model. Since not all households consume all fuels at a time, this model is adapted to consider censored data. The data used belong to the Spanish Encuesta de Presupuestos Familiares (EPF) of 2013. The results indicate that the demand for electricity and liquid fuel have inelastic price elasticity, while natural gas and LPG are sensitive to changes in demand prices. Furthermore, all fuels are normal goods, although the demand for LPG is the most sensitive to changes in household income.

AB - This paper analyzes the Spanish housing demand for electricity, natural gas, liquefied petroleum gas (LPG) and liquid fuels using a QUAIDS model. Since not all households consume all fuels at a time, this model is adapted to consider censored data. The data used belong to the Spanish Encuesta de Presupuestos Familiares (EPF) of 2013. The results indicate that the demand for electricity and liquid fuel have inelastic price elasticity, while natural gas and LPG are sensitive to changes in demand prices. Furthermore, all fuels are normal goods, although the demand for LPG is the most sensitive to changes in household income.

KW - Censoring

KW - QUAIDS model

KW - Residential energy demand

UR - https://www.scopus.com/pages/publications/85007570591

M3 - Article

AN - SCOPUS:85007570591

SN - 1133-455X

VL - 24

SP - 87

EP - 108

JO - Revista de Economia Aplicada

JF - Revista de Economia Aplicada

IS - 72

ER -

Aplicación del modelo quaids a la demanda energética residencial en España

Abstract

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