Principal component regression analysis of electricity consumption factors in Madagascar

Franck Ramaharo and Njakanasandratra Rajaonarison ()

MPRA Paper from University Library of Munich, Germany

Abstract: We carry out principal component regression analysis on a dataset consisting of selected relevant economic and energy indicators in order to identify the main driving factors impacting the electricity consumption in Madagascar. Our results show that in accordance with the country's current energy profile, factors related with rural electrification have the most influence on electricity consumption in Madagascar.

Keywords: principal component analysis; principal component regression; electricity consumption (search for similar items in EconPapers)
JEL-codes: C38 C51 Q43 (search for similar items in EconPapers)
Date: 2023-01-26
New Economics Papers: this item is included in nep-ene
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Citations: View citations in EconPapers (3)

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