Modelling industrial energy demand in Saudi Arabia
研究了1986至2016年间沙特工业能源消费增长十倍的现象，采用结构时间序列模型估计出长期价格弹性为-0.34、收入弹性为0.60，并发现2010年起能源效率开始提升。
Between 1986 and 2016, industrial energy consumption in Saudi Arabia increased by tenfold, making it one of the largest end-use sectors in the Kingdom. Despite its importance, there appear to be no published econometric studies on aggregate industrial energy demand in Saudi Arabia. We model aggregate industrial energy demand in Saudi Arabia using Harvey’s (1989) Structural Time Series Model, showing that it is both price and income inelastic, with estimated long-run elasticities of −0.34 and 0.60, respectively. The estimated underlying energy demand trend suggests improvements in energy efficiency starting from 2010.