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An Analysis of the Impact of Global Warming on Residential Energy Consumption: Focused on the Case of Electricity Consumption
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지구온난화가 가정부문 에너지 소비량에 미치는 영향 분석 : 전력수요를 중심으로

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Type
Academic journal
Author
HyunJin Lim (한국은행) Sukwan Jung (부산대학교) DooHwan Won (부산대학교)
Journal
Korea Energy Economics Institute Korean Energy Economic Review Vol.12 No.2 KCI Accredited Journals
Published
2013.9
Pages
33 - 58 (26page)

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An Analysis of the Impact of Global Warming on Residential Energy Consumption: Focused on the Case of Electricity Consumption
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The annual average temperature has increased because of climate change due to global warming. This constant rise in temperature is expected to continue. Climatic change can affect social and economic features including energy consumption. This paper analyzes how global warming makes an effect on residential electricity demand. The long and short-run demands for residential electricity were estimated with the ARDL model and Error correction model.
The results show that CDD(Cooling Degree Days) variables significantly have an effect on residential electricity demand. But electricity demand is not influenced by HDD(Heating Degree Days). If 1% of CDD increase, the residential electricity consumption will rise 0.35% in the long-run and 0.11% in the short-run. The effect of CDD on the residential electricity demand in the long-run is larger than in the short-run.

Contents

요약
Ⅰ. 서론
Ⅱ. 실증분석
Ⅲ. 결론
참고문헌
ABSTRACT

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