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An Empirical Analysis of Energy Demand in Namibia

Glauco De Vita, Klaus Endresen and Lester Hunt
Additional contact information
Glauco De Vita: Oxford Brookes University Business School
Klaus Endresen: Independent Energy Consultant, Namibia

No 110, Surrey Energy Economics Centre (SEEC), School of Economics Discussion Papers (SEEDS) from Surrey Energy Economics Centre (SEEC), School of Economics, University of Surrey

Abstract: Using a unique database of end-user local energy data and the recently developed Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration, we estimate the long-run elasticities of the Namibian energy demand function at both aggregated level and by type of energy (electricity, petrol and diesel) for the period 1980 to 2002. Our main results show that energy consumption responds positively to changes in GDP and negatively to changes in energy price and air temperature. The differences in price elasticities across fuels uncovered by this study have significant implications for energy taxation by Namibian policy makers. We do not find any significant cross-price elasticities between different fuel types.

Keywords: Energy demand; ARDL; Cointegration (search for similar items in EconPapers)
JEL-codes: Q41 Q42 Q48 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2005-07
References: View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Published in Energy Policy, 34(18), 2006, pp. 3447-3463. (Revised Version)

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https://repec.som.surrey.ac.uk/seeds/SEEDS110.pdf (application/pdf)

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