英文标题：
《Analysis of Price and Income Elasticities of Energy Demand in Ecuador: A
Dynamic OLS Approach》
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作者：
Kathia Pinz\\\'on
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最新提交年份：
2016
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英文摘要：
Energy consumption in Ecuador has increased significantly during the last decades, affecting negatively the financial position of the country since large energy consumption subsidies are provided in its internal market and Ecuador is mostly a crude oil exporter and oil derivatives importer country. This research seeks to state the long run price and income elasticities of energy demand in Ecuador, by analyzing information spanning the period from 1970 to 2015. A cointegration analysis and an estimation by using a Dynamic Ordinary Least Squares approach considering structural breaks is carried out. Results obtained are robust and suggest that in the long run energy demand in Ecuador is highly income elastic, has no relationship with its price and has an almost unitary but inverse relationship with the industrial production level. Conclusions and economic policy suggestions are also provided.
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中文摘要：
厄瓜多尔的能源消费在过去几十年中大幅增长，对该国的财政状况产生了不利影响，因为该国国内市场提供了大量的能源消费补贴，厄瓜多尔主要是原油出口国和石油衍生品进口国。本研究旨在通过分析1970年至2015年期间的信息，说明厄瓜多尔能源需求的长期价格和收入弹性。采用考虑结构突变的动态普通最小二乘法进行协整分析和估计。所得结果稳健，表明从长期来看，厄瓜多尔的能源需求具有很高的收入弹性，与价格没有关系，与工业生产水平几乎呈单一但相反的关系。并给出了结论和经济政策建议。
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分类信息：

一级分类：Quantitative Finance 数量金融学
二级分类：General Finance 一般财务
分类描述：Development of general quantitative methodologies with applications in finance
通用定量方法的发展及其在金融中的应用
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一级分类：Statistics 统计学
二级分类：Applications 应用程序
分类描述：Biology, Education, Epidemiology, Engineering, Environmental Sciences, Medical, Physical Sciences, Quality Control, Social Sciences
生物学，教育学，流行病学，工程学，环境科学，医学，物理科学，质量控制，社会科学
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