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- Cialani, Catia, 1970-, et al.
(författare)
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Econometric Estimation of Energy Demand
- 2017
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Ingår i: Energy futures, environment and well-being. - 9783851255133 - 9783851255140 ; , s. 547-556
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- This paper presents a relatively simple procedure to examine the responsiveness of energy demand to measures of economic activity and electricity price. We estimate the demand function for electricity both for households and for industry in 29 countries, mainly European countries, in the last 10 years, using a panel aggregate data.Preliminary results suggest, as expected, that price has a negative significant effect on the electricity consumption. This is the case for both households and industry level for the same sample of countries. Our results also suggest that short-run elasticity of electricity consumption with respect to aggregate output seems to have been stable and unit elastic during the last decade. Moreover, price elasticity is more elastic and more stable in the industry sector than households are.
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| 2. |
- Cialani, Catia, 1970-, et al.
(författare)
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Household and industrial electricity demand in Europe
- 2018
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Ingår i: Energy Policy. - : Elsevier. - 0301-4215 .- 1873-6777. ; 122, s. 592-600
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Tidskriftsartikel (refereegranskat)abstract
- This paper examines the electricity demand, and its determinants, in 29 European countries during the liberalization of the electricity market. Based on panel data for these countries for the years 1995–2015 and using a dynamic partial adjustment model, price elasticities are estimated for both residential and industrial electricity demand. These elasticities and effects of other variables on electricity consumption are estimated using both GMM (generalized method of moments) and ML (maximum likelihood) approaches. It is found that the price elasticities are very small, especially in the short run, while the income elasticities are relatively large, especially for households and in the long run.
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| 3. |
- Heldt, Tobias, 1972-, et al.
(författare)
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Estimating and comparing demand for a music event using stated choice and actual visitor behavior data
- 2016
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Ingår i: Scandinavian Journal of Hospitality and Tourism. - : Informa UK Limited. - 1502-2250 .- 1502-2269. ; 16:2, s. 130-142
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Tidskriftsartikel (refereegranskat)abstract
- Understanding the demand and the economic impact for a hallmark event is crucial knowledge not only for the event managers but also for the public planners of the host region, especially from the viewpoint of welfare evaluation. The purpose of this paper is twofold. Firstly to estimate the demand for a music event using two non-market valuation techniques; stated choice and travel cost method (TCM), and secondly to compare the welfare measures estimated from the two methods and discuss their relevance for event policy and management. We use survey data collected from 1005 visitors to the Peace & Love music festival held in Borlänge, Sweden, in 2012. The survey contains questions about the actual behaviour of the respondents such as expenditure patterns and travel behaviour but also a stated choice experiment (SCE). The latter asks the respondents to choose between different scenarios with varying levels of price, number of visitors and length of the festival in days. These data allow us to estimate consumer surplus for the event by applying both the TCM and SCE. The findings of our study are that the price effect, as expected, is negative and significant, more people attending the festival decreases the propensity to attend while longer duration of the festival increases the propensity to attend. This paper contributes to the literature on event impact analysis by highlighting the potential for using stated choice data on visitor preferences in combination with actual visitor data to understand current and future economic impact of an event.
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| 8. |
- Mortazavi, Reza, et al.
(författare)
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International tourists’ length of overnight stay in Venice
- 2017
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Ingår i: Tourism Economics. - London : SAGE Publications. - 1354-8166 .- 2044-0375. ; 23:4, s. 882-889
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Tidskriftsartikel (refereegranskat)abstract
- This study concerns factors influencing international tourists’ length of overnight stay in Venice. The data are from a survey conducted by the Bank of Italy on international tourism. Both zero-truncated negative binomial (ZTNB) and ordinary least squares (OLS) regressions are estimated. In general, the estimates from ZTNB and OLS regressions are similar. The results suggest that age, returning directly to the country of residence and the summer season have a positive influence on the length of stay. On the other hand, international tourist expenditure and visiting other places than Venice have a negative impact on the length of stay. Moreover, the average length of overnight stays differs among nationalities and those who have visited Venice previously tend, on average, to stay longer. One finding is that visitors from North America and Australia stay longer and spend more than visitors coming from neighbouring countries.
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