Dr. Latif, Associate Professor of Economics, research uses panel data from the Statistics Canada (1983–2010) to examine the determinants of electricity consumption in Canada. His statistical estimations suggest that per capita real Gross Domestic Production (GDP) has a significant positive while electricity price has a negative, but insignificant impact on per capita electricity consumption. The results suggest that there is a long run causal relationship among electricity consumption, real GDP and electricity price. The results further suggest that unidirectional short run causality runs from per capita real GDP to per capita electricity consumption. His study entitled: “A Panel Data Analysis of the Demand for Electricity in Canada was published recently in the Journal Economic Papers: A journal of applied economics and policy.
The demand for electricity consumption
Posted on: November 25, 2015
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