来源类型 | Research papers
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规范类型 | 报告
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| Establishment of the Foundation for the Econometrical Analysis of the Rationalization Policies for Energy Uses |
| S. J. Yoo
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发表日期 | 2004-12-31
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出版年 | 2004
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语种 | 英语
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摘要 | ��
Research Purpose
The government tries its best to lower the heavy dependency of energy on the import of oil and the dependency of oil import on the oil from the Middle East Asia. On the one hand, the energy supplies is to be secured through the investments in new energy sources and to increase the capacity of oil storage. On the other hand government prepares policies and measures to improve efficiency in energy use through the planning and implementing the 5 year National Plan for Rational use of Energy.
This study surveys the existing literature on the estimation of the impacts of the energy saving policies based upon the rational choice of the consumers. This study is expected to contribute to the development of more effective policies and measures by providing reliable information on the effects and by identifying the most effective policy variables to change the behavior of the use of energy by the economic agents in the economy.
Summary
Estimation of the demand for the energy is the basis of the economic analysis of the policies and measures on the rational use of energy. Special attentions are needed to take care of the non-linear structure of energy tariffs in the estimation of demand. The equipment using energy as input are mostly durable goods. It is necessary to apply the estimation methods existing in microecometrics. The most popular estimation approaches are the discrete choice models. They are classified into binary choice model, multinomial choice model and mixed logit model. The last approach becomes quite popular in this area, recently.
If the energy demands in the industrial sector, the household sector and the transportation sector are by nature both discrete and continuous, Heckman type approach is commonly employed. However there is an alternative in estimation of the energy demand, which is two-part model.
Research Results & Policy Suggestions
In this study we have observed that there exist many effect estimation approached suitable to estimate the effect of energy saving policies and measures, to suggest new policies and measures to improve the effectiveness of the programs. Therefore the choice lies in the selection of the suitable estimation methods among the existing approaches, rather than in the development of the new methods.
For that purpose more attention is to be paid on the clear definition of the tasks or the policies to do and the effects to be estimated. Secondly, micro data on the energy use and the characteristics of the decision-makers as well as the characteristics of the equipments. Collection of the micro data costs significant amount of money, so that it is quite important to have the econometricians involved in the design of the data collection.
99
pages, 30 refs., 3 figs., 7 tabs., Language: Korean |
URL | http://www.keei.re.kr/web_keei/en_publish.nsf/by_report_year/B9809FEF51476D6B49256F8E0042A74E?OpenDocument
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来源智库 | Korea Energy Economics Institute (Republic of Korea)
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资源类型 | 智库出版物
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条目标识符 | http://119.78.100.153/handle/2XGU8XDN/322306
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推荐引用方式 GB/T 7714 |
S. J. Yoo. Establishment of the Foundation for the Econometrical Analysis of the Rationalization Policies for Energy Uses. 2004.
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