TY  - SER
AU  - Magu,Ajay
AU  - Shrestha,Ram M.
AU  - Foell,Wesley K.
AU  - Codoni,Rene
AU  - Huynh,Ngoc Phien
ED  - Commission of the European Communities, 
TI  - A study of asymmetries in energy demand in selected areas of India
T2  - Research studies project report
PY  - 1988///
CY  - Bangkok
PB  - Asian Institute of Technology
KW  - Energy consumption
KW  - India
KW  - Forecasting
N1  - A research study ( 10 credits) submitted in partial fulfillment of the requirement for the degree of Master of Engineering, School of Environment, Resources and Development; Research Studies Project Report (M. Eng.) - Asian Institute of Technology, 1988
N2  - Symmetries i.e. same elasticities of energy demand for  rising as well as for falling prices or other determinants of  energy demand are presupposed in most of the economic literature  on energy demand . In reality this may not be so and the  elasticities may differ for rising and falling prices or other  determinants of energy demand due to several factors like habit  formation, capita l stock efficiency etc. A hypothesis to test  this i.e. asymmetries is dealt with in this study.  This study analyzes asymmetries in energy demand in two  areas of India: Delhi, Capital of India and Maharashtra , a state  in India are studied. Results of symmetric and asymmetric models  for residential demand for electricity and passenger road  transportation demand for gasoline are compared. Besides  econometric modelling, various determinants of asymmetries in  energy demand are examined qualitatively.  Econometric results obtained are not conclusive due to  either falling or rising trend only in the prices. The  qualitative analysis suggests that both the growth of electrical  appliances in residential sec tor and the availability of more  efficient electrical appliances in the recent years could result  in short run asymmetrical demand response if electricity prices  were to increase in future. Similarly due to increasing s hare of  more fuel efficient cars and two-wheelers, demand for gasoline  could be asymmetrical in the s h ort run
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