REGULARITY CONDITIONS IN FLEXIBLE FUNCTIONAL FORMS: A CASE STUDY OF RESIDENTIAL ENERGY DEMAND IN IRAN

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MANZOOR DAVOOD; JADIDZADEH ALI

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Journal: Journal of Economic Research Year:2012 | Volume:47 | Issue:3 Page(s): 145-163

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Information Journal Paper

Title

REGULARITY CONDITIONS IN FLEXIBLE FUNCTIONAL FORMS: A CASE STUDY OF RESIDENTIAL ENERGY DEMAND IN IRAN

Author(s)

MANZOOR DAVOOD | JADIDZADEH ALI | Issue Writer Certificate

Keywords

FLEXIBLE FUNCTIONAL FORMSQ2

ALMOST IDEAL DEMAND SYSTEMQ2

THE THEORETICAL REGULARITY CONDITIONSQ2

DEMAND FOR ENERGYQ2

Abstract

This paper focuses on the residential sector demand for electricity, natural gas and petroleum products (Kerosene, gas oil and LPG) in Iran in the context of a popular locally FLEXIBLE FUNCTIONAL FORMS – "the ALMOST IDEAL DEMAND SYSTEM (AIDS)". We pay explicit attention to THE THEORETICAL REGULARITY CONDITIONS of positivity, monotonicity, and curvature. We treat the curvature property as a maintained hypothesis and provide a comparison in terms of models' ability in estimation and in terms of violations of THE THEORETICAL REGULARITY CONDITIONS. Finally, We provide a policy perspective, using annually data set from 1971 to 2005 (a total of 35 observations) and parameter estimates and a full set of elasticities (price, income and Allen & Morishima elasticities) that are consistent with full regularity.

Cites

CALCULATING TOTAL FACTOR PRODUCTIVITY AND SUBSTITUTION ELASTICITIES IN THE MANUFACTURING SECTOR IN IRAN

References

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APA: Copy

MANZOOR, DAVOOD, & JADIDZADEH, ALI. (2012). REGULARITY CONDITIONS IN FLEXIBLE FUNCTIONAL FORMS: A CASE STUDY OF RESIDENTIAL ENERGY DEMAND IN IRAN. TAHGHIGHAT-E-EGHTESADI, 47(3), 145-163. SID. https://sid.ir/paper/11992/en

Vancouver: Copy

MANZOOR DAVOOD, JADIDZADEH ALI. REGULARITY CONDITIONS IN FLEXIBLE FUNCTIONAL FORMS: A CASE STUDY OF RESIDENTIAL ENERGY DEMAND IN IRAN. TAHGHIGHAT-E-EGHTESADI[Internet]. 2012;47(3):145-163. Available from: https://sid.ir/paper/11992/en

IEEE: Copy

DAVOOD MANZOOR, and ALI JADIDZADEH, “REGULARITY CONDITIONS IN FLEXIBLE FUNCTIONAL FORMS: A CASE STUDY OF RESIDENTIAL ENERGY DEMAND IN IRAN,” TAHGHIGHAT-E-EGHTESADI, vol. 47, no. 3, pp. 145–163, 2012, [Online]. Available: https://sid.ir/paper/11992/en

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