Does the income elasticity of electricity demand in Thailand change with income?

Crawford School of Public Policy | Arndt-Corden Department of Economics

Event details

PhD Seminar (Econ)

Date & time

Friday 07 December 2018
9.30am–11.00am

Venue

Seminar Room 1, Crawford School of Public Policy, 132 Lennox Crossing, ANU

Speaker

Panittra Ninpanit, PhD Scholar, Crawford School of Public Policy

Contacts

Paul Burke, Economics PhD Seminar Convener

This seminar will present research on the electricity-income relationship in Thailand, using provincial data from 2006 to 2016. The research seeks to find whether the effect of income on electricity demand varies with the level of income. Various econometric techniques are applied to estimate the income elasticity of electricity demand in the short run, in five- and ten-year periods, and in the long run. My estimates suggest that the electricity-income elasticity is lower at higher income levels. This is similar for residential, non-residential, and total electricity demand. The findings imply that electricity demand forecasting should not assume a constant electricity-income elasticity at different income levels.

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