Demand for Energy and Energy Generation: Does Regional Energy Policy Play a Role?
Journal Title: Computational Methods in Social Sciences - Year 2014, Vol 2, Issue 1
Abstract
Does regional energy policy play a role in regional energy generation? What does the implication of the current industrialization trend mean for the generation and the supply process across regions? And to what extent does regional energy policy affect energy security (energy supply risks) in regions? This study investigates the effect of regional energy policy on regional generation characteristics in seven regions of the World using regional panel data from 1980 to 2010 a period of 31 years although some years of data are missing. It was found that regional energy policy were been shaped by pollution concerns and that cost reduction needs had strong effects on energy security (energy generation resources supply). The method of estimation used is the quantile regression estimation method which provides robust estimates after controlling for heterscedastic errors and is robust in the presence of outliers in the response measurement. Energy policy has strong implication for access to sustainable supply of energy generation resources however it had little or no effect on energy generation itself. Industrial demand for energy particularly in the developed countries were probably also making developed countries depend on more nuclear and hydro energy generation sources.
Authors and Affiliations
Paul OJEAGA, Odejimi DEBORAH
Keywords
Related Articles
- EP ID EP132606
- DOI -
- Views 122
- Downloads 0
XXI Century Education and its contribution to the employment rate of romanian labour market
The reason for choosing this theme is that the employers show a lack of interest in the workforce that has benefited from the educational process, a lack of interest which begun to intensify lately, educational process m...
Demand for Energy and Energy Generation: Does Regional Energy Policy Play a Role?
Does regional energy policy play a role in regional energy generation? What does the implication of the current industrialization trend mean for the generation and the supply process across regions? And to what extent do...
Foreign direct investments in Romania in EU28 framework
Foreign direct investments flows are perceived by economic policymakers and by economic researchers as one of the key-determinants of the process of adjustment and structural modernization of em...
The long-term causality. A comparative study for some EU countries.
Confronted with the inadequacies of the macro econometric models of Keynesian inspiration, Sims (1980) formulates the famous criticism of Sims and proposes a multivariate modelling, where the only limitations are t...
The issue of statistical power for overall model fit in evaluating structural equation models
Statistical power is an important concept for psychological research. However, examining the power of a structural equation model (SEM) is rare in practice. This article provides an accessible review of th...