This study assesses the accuracy of time-series econometric methods in forecasting electricity demand in developing countries. The analysis of historical time series for 106 developing countries over 1960-2012 demonstrates that econometric forecasts are highly accurate for the majority of these countries. These forecasts significantly outperform predictions of simple heuristic models, which assume that electricity demand grows at an exogenous rate...
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INFORMATION
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2017/02/15
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Document de travail de recherche sur les politiques
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WPS7974
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1
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1
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2017/02/15
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Disclosed
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Assessing the accuracy of electricity demand forecasts in developing countries
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forecast horizon
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