Empirical Analysis of Demand of Natural Gas by Households in Europe
Empirical Analysis of Demand of Natural Gas by Households in Europe
Author(s): Yuli RadevSubject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: C23; C50; L95; R22
Summary/Abstract: The article presents empirical analysis of demand of natural gas in 12 countries from European Union (EU), including Bulgaria, for the period 1989-2008. The ultimate goal is to assess the short-term and long-term elasticities of demand in different countries and in EU as a whole. These elasticities have to give a plausible picture of changing consumption of natural gas by the households and to allow determination and interpretation of the key indicator of the organization of gas sector – the relative price elasticity.
Journal: Икономически изследвания
- Issue Year: 2012
- Issue No: 4
- Page Range: 154-183
- Page Count: 30
- Language: Bulgarian