Investigating the residential electricity consumption-income nexus in Morocco: a stochastic impacts by regression on population, affluence, and technology analysis
نویسندگان
چکیده
In a comprehensive LMDI-STIRPAT-ARDL framework, this research investigates the residential electricity consumption (REC)-income nexus in Morocco for period 1990 to 2018. The logarithmic mean Divisia index (LMDI) results show that economic activity and intensity are leading drivers of Morocco’s REC, followed by population structure. And then, LMDI analysis was combined with stochastic impacts regression on population, affluence, technology (STIRPAT) bounds testing approach search long-run equilibrium relationship. empirical growth, urbanization, cointegrated. further there exists U-shaped relationship between per capita gross domestic product (GDP) REC: an increase GDP reduces REC initially; but, after reaching turning point (the GDPPC level 17,145.22 Dh), increases REC. Regarding reveal it has no significant impact stability parameters short long-term coefficients demand function tested. these tests showed stable pattern. Finally, based findings mentioned above, policy implications guiding country's development planning under energy environmental constraints given.
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ژورنال
عنوان ژورنال: International Journal of Power Electronics and Drive Systems
سال: 2022
ISSN: ['2722-2578', '2722-256X']
DOI: https://doi.org/10.11591/ijece.v12i2.pp1089-1101