Income Elasticity of Electricity Demand: A Meta-Analysis
Autor: | Bc. Marek Hauzr |
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Rok: | 2014 - letní |
Vedoucí: | prof. PhDr. Tomáš Havránek Ph.D. |
Konzultant: | |
Typ práce: | Bakalářská |
Jazyk: | Anglicky |
Stránky: | 66 |
Ocenění: | Pochvala děkana Fakulty sociálních věd za vynikající bakalářskou práci. |
Odkaz: | https://is.cuni.cz/webapps/zzp/detail/118751/ |
Abstrakt: | In this thesis we look over the previous studies on income elasticity of electricity demand and on previous meta-analysis on the topic. We outline the meta-analytical tools and we carry out the MRA itself. We show the presence of publication bias and that the elasticity's true effect is lower than commonly thought, from 8 times less than the mean estimate in short-run to 2 times less than the mean estimate in long-run. To our knowledge this thesis is the first meta-analysis on this topic that takes publication bias into account. |