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Provedor de dados:  AgEcon
País:  United States
Título:  The Rationality of EIA Forecasts under Symmetric and Asymmetric Loss
Autores:  Auffhammer, Maximilian
Data:  2006-02-06
Ano:  2005
Palavras-chave:  Forecasting
Asymmetric loss
Energy intensity
Energy Information Administration
Resource /Energy Economics and Policy
Q43
C53
Resumo:  The United States Energy Information Administration publishes annual forecasts of nationally aggregated energy consumption, production, prices, intensity and GDP. These government issued forecasts often serve as reference cases in the calibration of simulation and econometric models, which climate and energy policy are based on. This study tests for rationality of published EIA forecasts under symmetric and asymmetric loss. We find strong empirical evidence of asymmetric loss for oil, coal and gas prices as well as natural gas consumption, GDP and energy intensity.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  19741

http://purl.umn.edu/25017
Editor:  AgEcon Search
Relação:  University of California, Berkeley>Department of Agricultural and Resource Economics>CUDARE Working Papers
CUDARE Working Paper 1009
Formato:  29

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