Energy Demand Model II

  • Nabaz T. KhayyatEmail author
Part of the Green Energy and Technology book series (GREEN)


In this chapter the third group of the econometric model is estimated, namely the energy demand model accounting for risk. The model is constructed as in the previous models in two forms: The Cobb-Douglas and the Translog function to allow for consistency and comparability. The Just and Pop production risk function is applied. To estimate the energy demand incorporating risk, different input factors of production are included.


Energy Demand Model Translog FGLS Estimator Elastic Mean Yield Component Variables 
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Copyright information

© Springer Science+Business Media Dordrecht 2015

Authors and Affiliations

  1. 1.Technology Management, Economics, and Policy Program, College of EngineeringSeoul National UniversitySeoulSouth Korea

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