Energy price elasticities of energy-service demand for passenger traffic in the Federal Republic of Germany

M Dreher, M Wietschel, M Göbelt and O Rentz

Energy, 1999, vol. 24, issue 2, 133-140

Abstract: The development and evaluation of cost-effective environmental strategies for the energy sector, based on energy-emission models for both national and international levels, requires consideration of the effects of energy-price changes on energy-service demand. To cope with the problem that the forms of functional dependencies between energy-service demand and independent variables are often unknown, a model based on neural networks has been developed. A multi-layer perceptron (MLP) is proven to be suitable for calculations of price elasticities. The neural network model has been applied to the passenger-traffic sector in the FRG. Elasticities of energy-service demand with respect to price level and direction of price change are derived.

Date: 1999
References: View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544298000759
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:24:y:1999:i:2:p:133-140

DOI: 10.1016/S0360-5442(98)00075-9

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().