Temperature and Residential Electricity Demand for Heating and Cooling in G7 Economies: A Method of Moments Panel Quantile Regression Approach
نویسندگان
چکیده
The global energy system is highly vulnerable to climate variability and change. This results in a vast range of impacts on the demand sector production supply channels. article aims estimate variables such as heating cooling temperatures, income, population, price residential electricity G7 countries. Methodologically, this study uses second-generation panel unit root cointegration approaches (which are robust presence cross-sectional dependence), fixed effects model with Driscoll–Kraay standard errors, novel method moments quantile regression (MM-QR) determine long-run elasticities. suggest that countries statistically positively responsive cold days rather than hot days. also presents some policy-relevant issues based results.
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ژورنال
عنوان ژورنال: Climate
سال: 2022
ISSN: ['2225-1154']
DOI: https://doi.org/10.3390/cli10100142