Title: Cointegration and the demand for energy in Fiji

Authors: Saten Kumar

Addresses: School of Economics, Auckland University of Technology, Private Bag, 92006, Auckland 1142, New Zealand

Abstract: This paper applies alternative time series techniques such as general to specific (GETS) and Johansen maximum likelihood (JML) to estimate the long-run income and price elasticities of demand for energy for Fiji. We also test for the causal relationship between energy consumption, GDP and energy prices using the Granger causality tests. Our results imply that there is a uni-directional causality running from GDP to energy consumption.

Keywords: energy consumption; income elasticity; energy prices; price elasticity; Fiji; cointegration; energy demand; GDP; gross domestic product.

DOI: 10.1504/IJGEI.2011.039986

International Journal of Global Energy Issues, 2011 Vol.35 No.1, pp.85 - 97

Received: 30 Oct 2010
Accepted: 21 Jan 2011
Published online: 26 Mar 2015 *

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