An empirical analysis of energy demand in Namibia

Glauco De Vita, Klaus Endresen, Lester C. Hunt

    Research output: Contribution to journalArticlepeer-review

    86 Citations (Scopus)

    Abstract

    Using a unique database of end-user local energy data and the recently developed Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration, we estimate the long-run elasticities of the Namibian energy demand function at both aggregated level and by type of energy (electricity, petrol and diesel) for the period 1980 to 2002. Our main results show that energy consumption responds positively to changes in GDP and negatively to changes in energy price and air temperature. The differences in price elasticities across fuels uncovered by this study have significant implications for energy taxation by Namibian policy makers. We do not find any significant cross-price elasticities between different fuel types.
    Original languageEnglish
    Pages (from-to)3447-3463
    JournalEnergy Policy
    Volume34
    Issue number18
    DOIs
    Publication statusPublished - 2006

    Keywords

    • Energy demand
    • ARDL
    • Cointegration

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