Publication:
Energy Demand Models for Policy Formulation : A Comparative Study of Energy Demand Models

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dc.contributor.authorBhattacharyya, Subhes C.
dc.contributor.authorTimilsina, Govinda R.
dc.date.accessioned2012-03-19T19:09:16Z
dc.date.available2012-03-19T19:09:16Z
dc.date.issued2009-03-01
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 used in the existing energy demand models. Although energy demand models have greatly evolved since the early 1970s, 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 sector representations produce more realistic projections compared with 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 modeling capacity in developing countries are the key requirements for energy demand modeling to deliver richer and more reliable input to policy formulation in developing countries.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090317093816
dc.identifier.doi10.1596/1813-9450-4866
dc.identifier.urihttps://hdl.handle.net/10986/4061
dc.languageEnglish
dc.relation.ispartofseriesPaper is funded by the Knowledge for Change Program (KCP),Policy Research working paper ; no. WPS 4866
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAFFORDABLE ENERGY
dc.subjectAGGREGATE DEMAND
dc.subjectAGGREGATE ENERGY DEMAND
dc.subjectAGGREGATE LEVEL
dc.subjectAGRICULTURE
dc.subjectALLOCATION MODEL
dc.subjectALTERNATIVE USES
dc.subjectANNUAL ENERGY OUTLOOK
dc.subjectAPPLIANCE STOCKS
dc.subjectAPPROACH
dc.subjectAVAILABILITY
dc.subjectBIOMASS
dc.subjectCALORIFIC CONTENT
dc.subjectCAPACITY SHORTAGES
dc.subjectCLEAN ENERGY
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATIC CONDITIONS
dc.subjectCOMMERCIAL ENERGY
dc.subjectCOMMERCIAL ENERGY DEMAND
dc.subjectCONSUMER DEMAND
dc.subjectCONSUMERS
dc.subjectCONSUMPTION INCREASES
dc.subjectCOOKING
dc.subjectCOST OF ENERGY
dc.subjectCRUDE OIL
dc.subjectDECISION MAKING
dc.subjectDEMAND CATEGORY
dc.subjectDEMAND CURVE
dc.subjectDEMAND ELASTICITY
dc.subjectDEMAND FOR ELECTRICITY
dc.subjectDEMAND FOR ENERGY
dc.subjectDEMAND FOR ENERGY PRODUCTS
dc.subjectDEMAND FOR ENERGY SERVICES
dc.subjectECONOMETRIC ANALYSES
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMETRIC MODELS
dc.subjectECONOMIC ASSUMPTIONS
dc.subjectECONOMIC BARRIERS
dc.subjectECONOMIC FORECASTS
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC MODELS
dc.subjectECONOMIC STRUCTURE
dc.subjectECONOMIC THEORIES
dc.subjectELASTICITY OF DEMAND
dc.subjectELECTRICITY
dc.subjectELECTRICITY DEMAND
dc.subjectELECTRICITY GENERATION
dc.subjectEMPLOYMENT
dc.subjectEND-USE
dc.subjectEND-USE ENERGY
dc.subjectEND-USES
dc.subjectENERGY ANALYSIS
dc.subjectENERGY BALANCE
dc.subjectENERGY COMPANIES
dc.subjectENERGY CONVERSION
dc.subjectENERGY DECISION
dc.subjectENERGY DEMAND
dc.subjectENERGY DEMAND ANALYSIS
dc.subjectENERGY DEMAND FORECASTING
dc.subjectENERGY DEMAND GROWTH
dc.subjectENERGY EFFICIENCY
dc.subjectENERGY FORM
dc.subjectENERGY INDUSTRY
dc.subjectENERGY INPUT
dc.subjectENERGY INTENSITY
dc.subjectENERGY MARKETS
dc.subjectENERGY MODEL
dc.subjectENERGY MODELING
dc.subjectENERGY MODELS
dc.subjectENERGY NEEDS
dc.subjectENERGY OUTLOOK
dc.subjectENERGY PLANNING
dc.subjectENERGY POLICIES
dc.subjectENERGY POLICY
dc.subjectENERGY POLICY ANALYSIS
dc.subjectENERGY PRICE
dc.subjectENERGY PRICES
dc.subjectENERGY PROBLEM
dc.subjectENERGY PRODUCTS
dc.subjectENERGY REQUIREMENT
dc.subjectENERGY RESOURCES
dc.subjectENERGY SOURCE
dc.subjectENERGY SUPPLY
dc.subjectENERGY SYSTEMS
dc.subjectENERGY USE
dc.subjectENVIRONMENTAL IMPACTS
dc.subjectEXTERNALITIES
dc.subjectFACTOR DEMAND
dc.subjectFINAL ENERGY DEMAND
dc.subjectFORECASTING MODELS
dc.subjectFORECASTING TECHNIQUES
dc.subjectFORECASTS
dc.subjectFOSSIL
dc.subjectFOSSIL FUELS
dc.subjectFREIGHT TRANSPORT
dc.subjectFUEL
dc.subjectFUEL DEMAND
dc.subjectFUEL PRICE
dc.subjectFUEL SUBSTITUTION
dc.subjectFUNCTIONAL FORMS
dc.subjectFUTURE ENERGY DEMAND
dc.subjectGDP
dc.subjectGNP
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS NATIONAL PRODUCT
dc.subjectGROSS OUTPUT
dc.subjectGROWTH RATE
dc.subjectINCOME
dc.subjectINCOME ELASTICITY OF DEMAND
dc.subjectINCOMPLETE MARKETS
dc.subjectINDUSTRIAL ACTIVITIES
dc.subjectINTERNATIONAL ENERGY AGENCY
dc.subjectINVENTORY
dc.subjectKEROSENE
dc.subjectMARGINAL UTILITY
dc.subjectNATIONAL INCOME
dc.subjectOIL
dc.subjectOIL CRISIS
dc.subjectOIL DEMAND
dc.subjectOIL PRICE
dc.subjectOPTIMIZATION
dc.subjectPER CAPITA ENERGY
dc.subjectPOLLUTION
dc.subjectPOWER
dc.subjectPOWER SECTOR
dc.subjectPRICE OF ENERGY
dc.subjectPRIMARY ENERGY
dc.subjectPRIMARY ENERGY CONSUMPTION
dc.subjectPRIMARY ENERGY DEMAND
dc.subjectPURCHASING POWER
dc.subjectREAL INCOME
dc.subjectRENEWABLE ENERGIES
dc.subjectRENEWABLE ENERGY
dc.subjectRESIDENTIAL DEMAND
dc.subjectRURAL ENERGY
dc.subjectSOURCE OF ENERGY
dc.subjectSTATISTICAL ANALYSIS
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectSUSTAINABLE ENERGY
dc.subjectSUSTAINABLE ENERGY FUTURE
dc.subjectSYSTEMS ANALYSIS
dc.subjectTOTAL ENERGY CONSUMPTION
dc.subjectTOTAL ENERGY DEMAND
dc.subjectTOTAL OUTPUT
dc.subjectTRADITIONAL FUELS
dc.subjectUNEMPLOYMENT
dc.subjectUTILITY FUNCTION
dc.subjectUTILITY MAXIMIZATION
dc.subjectVALUATION
dc.subjectVALUE JUDGMENTS
dc.subjectVALUE OF OUTPUT
dc.subjectVEHICLES
dc.subjectWORLD ENERGY
dc.subjectWORLD ENERGY COUNCIL
dc.titleEnergy Demand Models for Policy Formulation : A Comparative Study of Energy Demand Modelsen
dspace.entity.typePublication
okr.crossref.titleEnergy Demand Models For Policy Formulation: A Comparative Study Of Energy Demand Models
okr.date.doiregistration2025-04-10T12:19:59.397543Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090317093816
okr.globalpracticeEnergy and Extractives
okr.guid800131468337793239
okr.identifier.doi10.1596/1813-9450-4866
okr.identifier.externaldocumentum000158349_20090317093816
okr.identifier.internaldocumentum10354629
okr.identifier.reportWPS4866
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/03/17/000158349_20090317093816/Rendered/PDF/WPS4866.pdfen
okr.region.administrativeWorld
okr.region.administrativeWorld
okr.sectorEnergy and mining :: Renewable energy
okr.themeEnvironment and natural resources management :: Climate change
okr.themeEnvironment and natural resource management
okr.topicEnergy::Energy Production and Transportation
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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