Browsing by Author "Kavezeri, Kasnath J."

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    An analysis of electricity demand in Namibia
    (2009) Kavezeri, Kasnath J.
    This study analyze the demand for electric ity in Namibia as a function of income and the price of electricity, using quarterly data from 1993 :QI to 2006 :Q4. The tudy employs various econometric techniques such a unit root tests and the Engle-Granger approach to testing cointegration so as to establish the long-run relationship between the variables. lt also applies an Error Correction Model (ECM) to cater for the short-run dynamics and to verify the long-run, or equilibrium relationship suggested by the cointegration test. The results show a significant impact of changes in income on the demand for electricity in both the long- and the short-run. Income elasticity is above unity ( 1.02) in the long-run and i 0.33 in the short run. Price, on the other hand, has the correct sign
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    Long-run price and income elasticities of the Namibia aggregate electricity demand
    (Scholarly Resource Centre Limited., 2012) Ziramba, Emmanuel; Kavezeri, Kasnath J.
    This paper estimates the short-run and long-run price and income elasticities of aggregate electricity demand in Namibia over the period 1993q1 to 2010q1. We make use of the bounds testing approach to cointegration within an autoregressive distributed framework, Our empirical results suggest that electricity demand is income elastic, but price inelastic in the long-run.