The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 2 Estimation results for electricity demand function
From: Demand for industrial and commercial electricity: evidence from Japan
Industrial sector | Commercial sector | |
|---|---|---|
α 1 | −0.0341** | −0.0074** |
(0.0013) | (0.0009) | |
α 2 | 0.2736** | 0.3583** |
(0.0082) | (0.0057) | |
α 3 | 0.0202** | 0.0012** |
(0.0007) | (0.0002) | |
α 4 | 0.0240** | 0.0202** |
(0.0014) | (0.0004) | |
α 5 | 0.7660** | 0.6759** |
(0.0030) | (0.0060) | |
Number of observations | 893 | 893 |
J-statistic | 46.5897 | 41.4341 |
Prob. (J-statistic) | 0.33 | 0.54 |
m-statistic (m 1) | −4.22** | −4.64** |
m-statistic (m 2) | −1.71 | 1.43 |
Instrument | ED(t − 2) | ED(t − 2) |
EP(t − 1) | EP(t − 1) |