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Understanding the determinants on household electricity consumption in Korea: OLS regression and quantile regression
Ist Teil von
The Electricity journal, 2020-08, Vol.33 (7), p.106802, Article 106802
Ort / Verlag
Elsevier Inc
Erscheinungsjahr
2020
Link zum Volltext
Quelle
Nexis
Beschreibungen/Notizen
The paper aims to investigate the determinants of household electricity consumption in Korea by using both the OLS regression and quantile regression. The results show that the effects of socio-demographic, dwelling, and electricity consumption characteristics on household electricity consumption may differ between two regressions and may differ across quantiles. We found that age group of household head, number of household, housing area, the number of household appliances, and refrigerator usage time were significant in all quantiles.