Modeling and Forecasting Energy Consumption in the Manufacturing Industry in South Asia

• Published in: International journal of energy economics and policy Vol. 3; no. 1; p. 87
• Main Authors: Zahan, Muslima, Kenett, Ron S
• Format: Journal Article
• Language: English
• Published: Mersin EconJournals 01.01.2013
• Subjects: Capital stock; Economic growth; Economic statistics; Energy consumption; Energy economics; Energy modeling; Forecasting; GDP; Gross Domestic Product; Literature reviews; Manufacturing; Mean square errors; Productivity; Software; Time series; Value added; South Asia

The aim of this study is to model energy consumption and Manufacturing Value Added (MVA) in the industry level of five South Asian countries. Firstly, a cross-sectional model was developed by using R-statistical software to estimate the MVA with energy consumption being the independent variable. Sec...