A SURVEY OF ELECTRICITY DEMAND ELASTICITY ESTIMATION IN IRAN WITH USING KALMAN FILTER METHOD

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ESMAILNIA ALI ASGHAR; MOHAMMADI TEYMOUR; ZAMANI ABOUTALEB

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Journal: Financial Economics Year:2013 | Volume:7 | Issue:25 Page(s): 147-175

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Title

A SURVEY OF ELECTRICITY DEMAND ELASTICITY ESTIMATION IN IRAN WITH USING KALMAN FILTER METHOD

Author(s)

ESMAILNIA ALI ASGHAR | MOHAMMADI TEYMOUR | ZAMANI ABOUTALEB | Issue Writer Certificate

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Abstract

Given the important of Electricity energy in improvement and progress of societies, the role of electricity energy demand in policy making and decisions about production, transition and distribution of this critical energy, the study about electricity energy demand and specially price and income elasticity of demand is essential.Electricity energy compared to other energy carriers also have effective role in production and consumption and have important role in social /economic decision making. So use the modern technology in production of appliances for optimizing consumption create more welfare for families.This study by using Kalman filter technique is intended to estimate the price elasticity change trend of electricity demand in residential sector of Iran and found the rate of influencing electricity demand from price policy and regarding to eliminating invisible factors and the other factors from the model, used kalman filter also to avoid error estimate of coefficients.The result of this study show that the price elasticity of electricity demand change over time and absolute value of price elasticity of electricity demand during the period of the study reduced and from close to one in 40 decade reduced lower than one in 90s.

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APA: Copy

ESMAILNIA, ALI ASGHAR, MOHAMMADI, TEYMOUR, & ZAMANI, ABOUTALEB. (2013). A SURVEY OF ELECTRICITY DEMAND ELASTICITY ESTIMATION IN IRAN WITH USING KALMAN FILTER METHOD. JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), 7(25), 147-175. SID. https://sid.ir/paper/229304/en

Vancouver: Copy

ESMAILNIA ALI ASGHAR, MOHAMMADI TEYMOUR, ZAMANI ABOUTALEB. A SURVEY OF ELECTRICITY DEMAND ELASTICITY ESTIMATION IN IRAN WITH USING KALMAN FILTER METHOD. JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT)[Internet]. 2013;7(25):147-175. Available from: https://sid.ir/paper/229304/en

IEEE: Copy

ALI ASGHAR ESMAILNIA, TEYMOUR MOHAMMADI, and ABOUTALEB ZAMANI, “A SURVEY OF ELECTRICITY DEMAND ELASTICITY ESTIMATION IN IRAN WITH USING KALMAN FILTER METHOD,” JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), vol. 7, no. 25, pp. 147–175, 2013, [Online]. Available: https://sid.ir/paper/229304/en

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