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Electricity consumption in Egypt: a long-run analysis of its determinants

机译:埃及的电力消耗:对其决定因素的长期分析

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The study examined the determinants of electricity consumption for the Egyptian economy over the period of 1971-2012. An Engle-Granger and the Phillips-Ouliaris tests revealed that a long-run relationship exists between electricity consumption, price, income, urbanisation, financial development, carbon emission, trade and education. Estimating the effects of these variables on the country's electricity consumption, the Phillips and Hansen (Review of Economic Studies, 57, 1990 and 99) Fully Modified OLS and Park's (Econometrica, 60, 1992 and 119) Canonical Cointegrating Regression models were employed. The estimated results showed that income, urbanisation, financial development, trade and education positively affect electricity consumption. While industrialisation had negative effect, price and carbon emissions were found not to have any significant effect on electricity consumption in Egypt. Policy implications based on the results are discussed.
机译:该研究调查了1971-2012年期间埃及经济用电量的决定因素。恩格尔-格兰杰(Engle-Granger)和菲利普斯(Phillips-Ouliaris)的测试表明,电力消耗,价格,收入,城市化,金融发展,碳排放,贸易和教育之间存在着长期的关系。为了估算这些变量对国家用电量的影响,采用了Phillips和Hansen(《经济学研究评论》,第57期,1990年和99年),经过完全修改的OLS和Park的(Econometrica,第60期,1992年和119页)规范协整回归模型。估计结果表明,收入,城市化,金融发展,贸易和教育对电力消费产生积极影响。尽管工业化产生了负面影响,但发现价格和碳排放量对埃及的用电量没有任何重大影响。讨论了基于结果的政策含义。

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  • 来源
    《OPEC energy review》 |2017年第1期|3-22|共20页
  • 作者

    Paul Adjei Kwakwa;

  • 作者单位

    Presbyterian University College, Okwahu Campus, P.O. Box 57, Abetifi, Eastern Region Ghana;

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  • 原文格式 PDF
  • 正文语种 eng
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