Publication
Apr 2010
To investigate the link between rising global temperature and global energy use, we estimate an energy demand model that is driven by temperature changes, prices and income. The estimation is based on an unbalanced panel of 157 countries over three decades. We limit the analysis to the residential sector and distinguish four different fuel types (oil, natural gas, coal and electricity). Compared to previous papers, we have a better geographical coverage and consider non-linearities in the impact of temperature on energy demand as well as temperature-income interactions.
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English (PDF, 33 pages, 541 KB) |
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Author | Sebastian Petrick, Katrin Rehdanz, Richard S J Tol |
Series | Kiel Institute Working Papers |
Issue | 1618 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2010 Kiel Institute for the World Economy |