| Author | Magu, Ajay |
| Call Number | AIT RSPR no. ET-88-7 |
| Subject(s) | Energy consumption--India--Forecasting
|
| Note | A research study ( 10 credits) submitted in partial fulfillment of the requirement for the degree of Master of Engineering, School of Environment, Resources and Development |
| Publisher | Asian Institute of Technology |
| Abstract | Symmetries i.e. same elasticities of energy demand for
rising as well as for falling prices or other determinants of
energy demand are presupposed in most of the economic literature
on energy demand . In reality this may not be so and the
elasticities may differ for rising and falling prices or other
determinants of energy demand due to several factors like habit
formation, capita l stock efficiency etc. A hypothesis to test
this i.e. asymmetries is dealt with in this study.
This study analyzes asymmetries in energy demand in two
areas of India: Delhi, Capital of India and Maharashtra , a state
in India are studied. Results of symmetric and asymmetric models
for residential demand for electricity and passenger road
transportation demand for gasoline are compared. Besides
econometric modelling, various determinants of asymmetries in
energy demand are examined qualitatively.
Econometric results obtained are not conclusive due to
either falling or rising trend only in the prices. The
qualitative analysis suggests that both the growth of electrical
appliances in residential sec tor and the availability of more
efficient electrical appliances in the recent years could result
in short run asymmetrical demand response if electricity prices
were to increase in future. Similarly due to increasing s hare of
more fuel efficient cars and two-wheelers, demand for gasoline
could be asymmetrical in the s h ort run. |
| Year | 1988 |
| Type | Research Study Project Report (RSPR) |
| School | School of Environment, Resources, and Development (SERD) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Energy Technology (ET) |
| Chairperson(s) | Shrestha, Ram M.
|
| Examination Committee(s) | Foell, Wesley K. ;Codoni, Rene ;Huynh, Ngoc Phien
|
| Scholarship Donor(s) | Commission of the European Communities |
| Degree | Research Studies Project Report (M. Eng.) - Asian Institute of Technology, 1988 |