1996
DOI: 10.1002/(sici)1099-114x(199611)20:11<957::aid-er206>3.3.co;2-e
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Demand for natural gas in Kuwait: An empirical analysis using two econometric models
Abstract: SUMMARYThis paper estimates the demand for natural gas in Kuwait for the period 1975-93 using two models. A partial flow-adjustment model and a co-integration and error correction model. It is found that natural gas demand is inelastic with respect to price and income in the short and long run. Furthermore, natural gas consumption adjusts towards its long-run level with about 61% of the adjustment occurring in the first year.
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Cited by 7 publications
(8 citation statements)
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“…A large number of studies have estimated the price-income elasticity of natural gas demand at the aggregate level in different countries and regions for different periods using different econometric approaches, with conflicting and varied results. Eltony (1996) Estimates of natural gas demand in Kuwait for the period 1975-93 using the cointegration and error correction model. It has been found that the demand for natural gas is inelastic with respect to price and income in the short and long run.…”
Section: Literature Review
mentioning
confidence: 99%
“…A large number of studies have estimated the price-income elasticity of natural gas demand at the aggregate level in different countries and regions for different periods using different econometric approaches, with conflicting and varied results. Eltony (1996) Estimates of natural gas demand in Kuwait for the period 1975-93 using the cointegration and error correction model. It has been found that the demand for natural gas is inelastic with respect to price and income in the short and long run.…”
Section: Literature Review
mentioning
confidence: 99%
“…Bu durum, konuttaki doÄŸal gaz tüketim alışkanlıklarının sanayi sektörüne göre fiyata baÄŸlı olarak çok daha az deÄŸiÅŸim gösterdiÄŸini, gelire baÄŸlı olarak gerçekleÅŸen deÄŸiÅŸimin ise her iki sektörde birbirine yakın olduÄŸunu göstermektedir. Elde edilen bu sonuçlar, Çatık ve DeliktaÅŸ (2016) ve Eltony (1996) gibi çalışmalar ile tutarlıdır. Elde edilen bulgulara göre, özellikle fiyat ve gelir esnekliÄŸi bakımından katı olduÄŸu anlaşılan konutun doÄŸal gaz talebinin bağımlılığının azaltılması bakımından farklı fiyat uygulamaları veya vergilendirme politikalarına baÅŸvurulabileceÄŸi söylenebilir.…”
Section: Sonuç
unclassified“…In this research, we consider coal, natural gas, water, nuclear, wind, solar and international power cooperation, showed in Table I. These parts are considering the power resources, supply ability, power consumption and transportation [14]- [18].…”
Section: A Energy Supply and Demand Inner Element
mentioning
confidence: 99%
