Revisiting Residential Demand for Electricity in Greece: New Evidence from the ARDL Approach to Cointegration

Theologos Dergiades and Lefteris Tsoulfidis ()

Discussion Paper Series from Department of Economics, University of Macedonia

Abstract: This article reexamines the long-run and short-run determinants of the aggregate residential demand for electricity in Greece using data spanning the period 1964-2006 and the recently advanced ARDL cointegrating procedure that has not been hitherto tried to Greek data. The results of the econometric analysis show the presence of an equilibrium relationship between the variables involved in both the long-run and short-run periods. These findings may shed new light on the contemplation of policies, which direct the residential demand for electricity to desired goals.

Keywords: Electricity Demand; ARDL; Cointegration. (search for similar items in EconPapers)
JEL-codes: C22 Q41 Q43 (search for similar items in EconPapers)
Date: 2009-06, Revised 2009-06
New Economics Papers: this item is included in nep-ene
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Citations: View citations in EconPapers (4)

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