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Energy demand prospects in non-OPEC developing countries (Английский)

Demand equations to project the demand for primary energy in non-OPEC developing countries are presented. The equations are based on energy demand functions estimated from historical data of 35 sample panel countries. The equations take the usual form in which per capita consumption of energy is expressed as a function of per capita GDP, price of energy, and lagged per capita consumption of energy. This type of specification has been widely used in...
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