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Diagnostic testing in modeling energy demand

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  • Ramanathan, Ramu

Abstract

In recent years, a number of formal diagnostic tests for identifying misspecification of models and criteria for comparing alternative models have been proposed. Not many of them, however, have found common use among energy analysis. This paper provides a comprehensive listing of these techniques and describes them in a manner easily accessible to modelers of energy demand. The methods suggested are illustrated with an application to the modeling of peak electricity demand in a utility service area in the upper midwest.

Suggested Citation

  • Ramanathan, Ramu, 1989. "Diagnostic testing in modeling energy demand," Energy, Elsevier, vol. 14(12), pages 907-920.
    • Handle: RePEc:eee:energy:v:14:y:1989:i:12:p:907-920
    DOI: 10.1016/0360-5442(89)90046-7
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