印度电力消费静止性的证据

IF 3.8 3区 经济学 Q3 ENERGY & FUELS Utilities Policy Pub Date : 2024-05-18 DOI:10.1016/j.jup.2024.101766
Nhan Dang Tran , Naresh Chandra Sahu , Chon Van Le
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引用次数: 0

摘要

本研究重新评估了印度 18 个邦的部门电力消费面板的静态性。我们使用了一种新的面板单位根检验方法,其中考虑到了结构断裂和横截面依赖性。通常的单变量单位根检验考虑了结构性中断,但没有考虑交叉依赖性,因此在所有调查的邦中都拒绝了单位根的零假设。当我们将结构性中断和横截面依赖性考虑在内时,对零假设的拒绝率明显下降。在许多州的所有部门,电力消费似乎都是非平稳的,这表明政策变化会产生长期影响。
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Evidence on the stationarity of electricity consumption in India

This research reevaluates the stationarity of sectoral electricity consumption in a panel of 18 Indian states. We use a novel panel unit root test with an allowance for structural breaks and cross-sectional dependence. The usual univariate unit root test, which accounts for structural breaks but not cross-dependence, rejects the null hypothesis of a unit root in all states under investigation. When we incorporate structural breaks and cross-sectional dependence, the null hypothesis's rejections significantly decrease. Electricity consumption appears nonstationary in many states across all sectors, suggesting that policy changes can have long-term effects.

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来源期刊
Utilities Policy
Utilities Policy ENERGY & FUELS-ENVIRONMENTAL SCIENCES
CiteScore
6.80
自引率
10.00%
发文量
94
审稿时长
66 days
期刊介绍: Utilities Policy is deliberately international, interdisciplinary, and intersectoral. Articles address utility trends and issues in both developed and developing economies. Authors and reviewers come from various disciplines, including economics, political science, sociology, law, finance, accounting, management, and engineering. Areas of focus include the utility and network industries providing essential electricity, natural gas, water and wastewater, solid waste, communications, broadband, postal, and public transportation services. Utilities Policy invites submissions that apply various quantitative and qualitative methods. Contributions are welcome from both established and emerging scholars as well as accomplished practitioners. Interdisciplinary, comparative, and applied works are encouraged. Submissions to the journal should have a clear focus on governance, performance, and/or analysis of public utilities with an aim toward informing the policymaking process and providing recommendations as appropriate. Relevant topics and issues include but are not limited to industry structures and ownership, market design and dynamics, economic development, resource planning, system modeling, accounting and finance, infrastructure investment, supply and demand efficiency, strategic management and productivity, network operations and integration, supply chains, adaptation and flexibility, service-quality standards, benchmarking and metrics, benefit-cost analysis, behavior and incentives, pricing and demand response, economic and environmental regulation, regulatory performance and impact, restructuring and deregulation, and policy institutions.
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