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Modelling Energy Demand of Developing Countries: Are the Specific Features Adequately Captured?

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dc.contributor.authorBhattacharyya, Subhes C.
dc.contributor.authorTimilsina, Govinda R.
dc.date.accessioned2012-03-30T07:32:44Z
dc.date.available2012-03-30T07:32:44Z
dc.date.issued2010
dc.description.abstractThis paper critically reviews existing energy demand forecasting methodologies highlighting the methodological diversities and developments over the past four decades in order to investigate whether the existing energy demand models are appropriate for capturing the specific features of developing countries. The study finds that two types of approaches, econometric and end-use accounting, are commonly used in the existing energy demand models. Although energy demand models have greatly evolved since the early seventies, key issues such as the poor-rich and urban-rural divides, traditional energy resources and differentiation between commercial and non-commercial energy commodities are often poorly reflected in these models. While the end-use energy accounting models with detailed sectoral representations produce more realistic projections as compared to the econometric models, they still suffer from huge data deficiencies especially in developing countries. Development and maintenance of more detailed energy databases, further development of models to better reflect developing country context and institutionalizing the modelling capacity in developing countries are the key requirements for energy demand modelling to deliver richer and more reliable input to policy formulation in developing countries.en
dc.identifier.citationEnergy Policy
dc.identifier.issn03014215
dc.identifier.urihttps://hdl.handle.net/10986/5419
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectEconomic Development: Agriculture
dc.subjectNatural Resources
dc.subjectEnergy
dc.subjectEnvironment
dc.subjectOther Primary Products O130
dc.subjectEnergy: Demand and Supply Q410
dc.subjectEnergy Forecasting Q470
dc.titleModelling Energy Demand of Developing Countries: Are the Specific Features Adequately Captured?en
dc.title.alternativeEnergy Policyen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum240
okr.journal.nbpages1979-1990
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.relation.associatedurlhttp://dx.doi.org/10.1016/j.enpol.2009.11.079
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1247922&site=ehost-live
okr.relation.associatedurlhttp://www.sciencedirect.com/science/journal/03014215
okr.volume38
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