AVRUPA BİRLİĞİ ÜLKELERİNDE SANAYİ VE KONUT SEKTÖRÜ ELEKTRİK ENERJİSİ TALEBİNİN FİYAT ESNEKLİĞİ TAHMİNİ

Bu çalışma 28 Avrupa Birliği (AB) ülkesi için 2005 - 2015 arası yıllık verileri kullanarak, sanayi ve konut sektöründe elektrik enerjisi talebinin uzun ve kısa dönem fiyat esnekliklerini panel veri analiziyle tahmin etmeyi amaçlamaktadır. Çalışmada değişkenler arasındaki uzun dönemli ilişkilerin varlığı Pedroni ve Kao panel eşbütünleşme testleriyle araştırılmış ve panel bazında değişkenler arasındaki uzun ve kısa dönemli katsayılara Havuzlanmış Ortalama Grup Tahmincisi (PMGE) yöntemiyle ulaşılmıştır. Ekonometrik analiz sonuçları panel genelinde değerlendirildiğinde sanayi ve konut sektöründe elektrik enerjisi tüketimi ile fiyatı arasında uzun dönemli bir ilişki tespit edilmiş olunup her iki sektör için de kısa dönem katsayıları istatistiki olarak anlamlı değilken uzun dönemli fiyat esnekliği katsayısı istatistiki olarak anlamlı bulunmuştur.

Anahtar Kelimeler:

Elektrik Enerjisi Tüketimi, Havuzlanmış Ortalama Grup Tahmincisi, Panel Eşbütünleşme Testi, Talebin Fiyat Esnekliği

ESTİMATİON OF PRİCE ELASTİCİTY OF INDUSTRİAL AND RESİDENTİAL ELECTRİCİTY DEMAND İN EUROPEAN UNİON COUNTRİES

This study aims to estimate long and short term price elasticities of demand for electrical energy in industrial and residential sectors by using 2005 - 2015 annual data for 28 Europan Union (EU) countries with panel data analysis. The existence of long-run relationship between variables is investigated by Pedroni and Kao panel cointegration tests and long and short run coefficients are obtained by using the Pooled Mean Group Estimator (PMGE). As a result of the econometric analysis, it is found that there is long term relationship between electricity consumption and electricity price for industrial and residential sector and short term coefficients for both sectors are not statistically significant, however long term price elasticity coefficients are statistically significant.

Keywords:

Consumption of Electrical Energy, Pooled Mean Group Estimator, Panel Cointegration Test, Price Elasticity of Demand,

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