Regression Consitency

 

 The specification:

Qt = a + b(Pricet) + c(Drivert) + dQt-1,

 

is consistent for,

 

b < 0, c > 0, 1 > d > 0.

 

Consistency of Regression Results for eighty-eight regressions: AEO 1998 - AEO 2007

Fuel:

Sector:

Electricity

Distillate Fuel

Natural Gas

Delivered Energy

 

Residential

 

 

Consistent = 11

 

Consistent = 3

Issues = 8

 

Consistent = 11

 

Consistent = 9

N/A = 2

 

Commercial

 

 

Consistent = 11

 

Consistent = 9

Issues = 2

 

Consistent = 7

Issues = 4

 

Consistent = 9

N/A = 2