Examination of Electricity Consumption Efficiency in Iranian Industrial Sector and the Whole of Economy Application of Markov Regime Switching Model
The main objective of this study is to evaluate the efficiency of electricity consumption in the industrial sector and the whole economy of Iran. For this purpose, the states of high and low efficiency of electricity consumption in the industrial sector and the economy was detected by using of marko...
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Format: | Article |
Language: | fas |
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Allameh Tabataba'i University Press
2016-12-01
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Series: | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
Subjects: | |
Online Access: | https://jiee.atu.ac.ir/article_7974_610f319469fe8ac4d36700322e82eefa.pdf |
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author | khalil jahangiri Hasan Heydari Seyed Ali Hoseini EbrahimAbad |
author_facet | khalil jahangiri Hasan Heydari Seyed Ali Hoseini EbrahimAbad |
author_sort | khalil jahangiri |
collection | DOAJ |
description | The main objective of this study is to evaluate the efficiency of electricity consumption in the industrial sector and the whole economy of Iran. For this purpose, the states of high and low efficiency of electricity consumption in the industrial sector and the economy was detected by using of markov regime switching model during the period 1963 to 2014. The results show that the duration of low efficiency regime in the industrial sector is more stable than the high efficiency regime. The average duration of the low efficiency regime is 2.84 times of high efficiency regime. The results also show that the general level of prices and per capita production has negative and positive effect on the efficiency of electricity consumption in the industrial sector and the whole economy respectively. So, It is expected to improve the efficiency of electricity consumption in the national level and the industrial sector when inflation declines and economic growth occurs. |
first_indexed | 2024-03-08T17:44:01Z |
format | Article |
id | doaj.art-9ca2776a571e44a0bbb3e146a706b3eb |
institution | Directory Open Access Journal |
issn | 2423-5954 2476-6437 |
language | fas |
last_indexed | 2024-03-08T17:44:01Z |
publishDate | 2016-12-01 |
publisher | Allameh Tabataba'i University Press |
record_format | Article |
series | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
spelling | doaj.art-9ca2776a571e44a0bbb3e146a706b3eb2024-01-02T10:48:03ZfasAllameh Tabataba'i University PressPizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān2423-59542476-64372016-12-016219312810.22054/jiee.2017.79747974Examination of Electricity Consumption Efficiency in Iranian Industrial Sector and the Whole of Economy Application of Markov Regime Switching Modelkhalil jahangiri0Hasan Heydari1Seyed Ali Hoseini EbrahimAbad2Assistant Prof. of Financial Economics, Faculty of Economic and Management, Urmia UniversityAssistant Prof. of Financial Economics, Faculty of Economic and Management, Urmia UniversityPh.D. Student in Economics, Faculty of Economic and Management, Urmia UniversityThe main objective of this study is to evaluate the efficiency of electricity consumption in the industrial sector and the whole economy of Iran. For this purpose, the states of high and low efficiency of electricity consumption in the industrial sector and the economy was detected by using of markov regime switching model during the period 1963 to 2014. The results show that the duration of low efficiency regime in the industrial sector is more stable than the high efficiency regime. The average duration of the low efficiency regime is 2.84 times of high efficiency regime. The results also show that the general level of prices and per capita production has negative and positive effect on the efficiency of electricity consumption in the industrial sector and the whole economy respectively. So, It is expected to improve the efficiency of electricity consumption in the national level and the industrial sector when inflation declines and economic growth occurs.https://jiee.atu.ac.ir/article_7974_610f319469fe8ac4d36700322e82eefa.pdfenergyelectricity consumptionefficiencyindustrial sectormarkov regime switching model |
spellingShingle | khalil jahangiri Hasan Heydari Seyed Ali Hoseini EbrahimAbad Examination of Electricity Consumption Efficiency in Iranian Industrial Sector and the Whole of Economy Application of Markov Regime Switching Model Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān energy electricity consumption efficiency industrial sector markov regime switching model |
title | Examination of Electricity Consumption Efficiency in Iranian Industrial Sector and the Whole of Economy Application of Markov Regime Switching Model |
title_full | Examination of Electricity Consumption Efficiency in Iranian Industrial Sector and the Whole of Economy Application of Markov Regime Switching Model |
title_fullStr | Examination of Electricity Consumption Efficiency in Iranian Industrial Sector and the Whole of Economy Application of Markov Regime Switching Model |
title_full_unstemmed | Examination of Electricity Consumption Efficiency in Iranian Industrial Sector and the Whole of Economy Application of Markov Regime Switching Model |
title_short | Examination of Electricity Consumption Efficiency in Iranian Industrial Sector and the Whole of Economy Application of Markov Regime Switching Model |
title_sort | examination of electricity consumption efficiency in iranian industrial sector and the whole of economy application of markov regime switching model |
topic | energy electricity consumption efficiency industrial sector markov regime switching model |
url | https://jiee.atu.ac.ir/article_7974_610f319469fe8ac4d36700322e82eefa.pdf |
work_keys_str_mv | AT khaliljahangiri examinationofelectricityconsumptionefficiencyiniranianindustrialsectorandthewholeofeconomyapplicationofmarkovregimeswitchingmodel AT hasanheydari examinationofelectricityconsumptionefficiencyiniranianindustrialsectorandthewholeofeconomyapplicationofmarkovregimeswitchingmodel AT seyedalihoseiniebrahimabad examinationofelectricityconsumptionefficiencyiniranianindustrialsectorandthewholeofeconomyapplicationofmarkovregimeswitchingmodel |