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DOI10.1016/j.enpol.2020.111901
Examining the determinants of electricity demand by South African households per income level
Bohlmann J.A.; Inglesi-Lotz R.
发表日期2021
ISSN03014215
卷号148
英文摘要For the period 1975–2016, this paper examines the determinants of the residential demand for electricity in South Africa including disposable income, electricity prices, food prices as well as the impact of the 2007/08 load-shedding wave and the 2008 electricity price restructuring. Given the high income inequality levels in South Africa, this relationship was investigated at aggregated and disaggregated income levels. Based on an Autoregressive Distributed Lag (ARDL) model, the empirical results indicate long-run cointegration between residential electricity consumption, gross national disposable income, electricity prices and food prices. Disposable income elasticities have a positive sign for the aggregate and all income groups, indicating that as income increases, South African households consume more electricity (normal good). As expected, price elasticities are negative and significant – for both the aggregated and disaggregated models – indicating that electricity prices do influence electricity demand for all South African households. The paper also examines the complementarity or substitutability of food and electricity. At both the aggregated and disaggregated income levels, the results showed that food and electricity are substitute goods for all South African households. However, as expected, the magnitude of this relationship is marginally different for each income group. © 2020 Elsevier Ltd
关键词ARDLIncome elasticityPrice elasticityResidential sectorSouth Africa
英文关键词Costs; Elasticity; Electric power utilization; Housing; Auto-regressive; Cointegration; Disposable income; Electricity demands; Electricity prices; Income inequality; Price elasticity; Residential electricity consumption; Electric load shedding; demand elasticity; electricity supply; food market; household energy; household income; price determination; time series analysis; South Africa
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/205022
作者单位Department of Economics, University of Pretoria, South Africa
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Bohlmann J.A.,Inglesi-Lotz R.. Examining the determinants of electricity demand by South African households per income level[J],2021,148.
APA Bohlmann J.A.,&Inglesi-Lotz R..(2021).Examining the determinants of electricity demand by South African households per income level.Energy Policy,148.
MLA Bohlmann J.A.,et al."Examining the determinants of electricity demand by South African households per income level".Energy Policy 148(2021).
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