AN ESTIMATION OF NATURAL GAS DOMESTIC DEMAND FUNCTION BY USING KALMAN FILTER METHOD (A CASE STUDY OF RESIDENTIAL GAS DEMAND FUNCTION IN TEHRAN)

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EMAMI MEIBODI ALI; MOHAMMADI TEIMOUR; SOLTANOLOLAMAII SEYYED MOHAMMAD HADI

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Journal: Journal of Quantitative Economics Year:2010 | Volume:7 | Issue:3 (26) Page(s): 23-41

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Title

AN ESTIMATION OF NATURAL GAS DOMESTIC DEMAND FUNCTION BY USING KALMAN FILTER METHOD (A CASE STUDY OF RESIDENTIAL GAS DEMAND FUNCTION IN TEHRAN)

Author(s)

EMAMI MEIBODI ALI | MOHAMMADI TEIMOUR | SOLTANOLOLAMAII SEYYED MOHAMMAD HADI | Issue Writer Certificate

Keywords

NATURAL GAS DEMANDQ2

RESIDENTIAL SECTORQ2

STATE SPACEQ2

KALMAN FILTERQ2

Abstract

It is essential to study the demands for this energy carrier in different and separate sectors, by considering the effective factors in each sector. Meanwhile RESIDENTIAL SECTOR has the greatest consumption rate with near 25% in recent years. Effective factors of demand in this sector divide into observable factors, like carrier price, consumer income, and temperature on the one hand and unobservable factors like consumers' habits and taste, gas burners technology on the other hand. Regarding the impact of temperature on the consumption of RESIDENTIAL SECTOR, estimation of the multipliers in a specific region (like Tehran) will help the explanation of this variable to improve. Furthermore, in this study, KALMAN FILTER technique is used to prevent the bias estimation of multipliers while considering the impact of unobservable factors and other variables. Finally we came to the conclusion that price and income elasticity of demands are-0.098 and 0.114 respectively.

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APA: Copy

EMAMI MEIBODI, ALI, MOHAMMADI, TEIMOUR, & SOLTANOLOLAMAII, SEYYED MOHAMMAD HADI. (2010). AN ESTIMATION OF NATURAL GAS DOMESTIC DEMAND FUNCTION BY USING KALMAN FILTER METHOD (A CASE STUDY OF RESIDENTIAL GAS DEMAND FUNCTION IN TEHRAN). JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), 7(3 (26)), 23-41. SID. https://sid.ir/paper/110665/en

Vancouver: Copy

EMAMI MEIBODI ALI, MOHAMMADI TEIMOUR, SOLTANOLOLAMAII SEYYED MOHAMMAD HADI. AN ESTIMATION OF NATURAL GAS DOMESTIC DEMAND FUNCTION BY USING KALMAN FILTER METHOD (A CASE STUDY OF RESIDENTIAL GAS DEMAND FUNCTION IN TEHRAN). JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW)[Internet]. 2010;7(3 (26)):23-41. Available from: https://sid.ir/paper/110665/en

IEEE: Copy

ALI EMAMI MEIBODI, TEIMOUR MOHAMMADI, and SEYYED MOHAMMAD HADI SOLTANOLOLAMAII, “AN ESTIMATION OF NATURAL GAS DOMESTIC DEMAND FUNCTION BY USING KALMAN FILTER METHOD (A CASE STUDY OF RESIDENTIAL GAS DEMAND FUNCTION IN TEHRAN),” JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), vol. 7, no. 3 (26), pp. 23–41, 2010, [Online]. Available: https://sid.ir/paper/110665/en

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