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An Examination of Econometric Energy Modeling and Comparison with Alternative Methodologies

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Energy Policy Planning

Part of the book series: Nato Conference Series ((SYSC,volume 9))

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Abstract

This paper presents a discussion and analysis of econometric modeling techniques commonly used in energy analysis. The discussion will focus on the general characteristics of econometric energy models, highlight these characteristics by contrasting them with the general characteristics of other types of energy modeling methodologies, and present two examples of econometric energy models.

The views expressed in this paper are those of the author and not necessarily those of the U.S. Department of Energy. The author wishes to thank T. Takayama for his valuable comments, however, all errors are those of the author.

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References

  1. Personal Communication with William Stitt, NATO Advanced Research Institute on Applications of Systems Science to National Energy Planning, Brookhaven National Laboratory, Upton, N.Y., November 13, 1979 (verbal communication).

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  2. Henri Theil, Principles of Econometrics (John Wiley and Sons, Inc., New York, 1971 ).

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  3. From J. Johnson, Econometric Methods ( McGraw-Hill, New York, 1972 ).

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  4. J. Neri, “An Evaluation of Two Alternative Supply Models of Natural Gas,” The Bell Journal of Economic 8, 1 (1977).

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  5. John Kraft and Mark Rodekohr, “Regional Demand for Gasoline: A Temporal Cross-Section Specification,” Journal of Regional Science 18, 1 (1978).

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Author information

Authors and Affiliations

  1. U.S. Department of Energy, USA

    Mark Rodekohr

Authors
  1. Mark Rodekohr
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Editor information

Editors and Affiliations

  1. Scientific Affairs Division, NATO, Brussels, Belgium

    B. A. Bayraktar

  2. National Center for Analysis of Energy Systems, Brookhaven National Laboratory, Upton, New York, USA

    E. A. Cherniavsky  & L. E. Ruff  & 

  3. Queen Mary College, London, England

    M. A. Laughton

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© 1981 Plenum Press, New York

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Rodekohr, M. (1981). An Examination of Econometric Energy Modeling and Comparison with Alternative Methodologies. In: Bayraktar, B.A., Cherniavsky, E.A., Laughton, M.A., Ruff, L.E. (eds) Energy Policy Planning. Nato Conference Series, vol 9. Springer, Boston, MA. https://doi.org/10.1007/978-1-4684-1080-8_26

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  • DOI: https://doi.org/10.1007/978-1-4684-1080-8_26

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4684-1082-2

  • Online ISBN: 978-1-4684-1080-8

  • eBook Packages: Springer Book Archive

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