Taiwan's Electricity Demand Under the COVID-19 and Supply Chain Disruption

被引：0
作者：
Lin, Ya-Chi [1 ,2 ]
机构：
[1] Feng Chia Univ, Dept Econ, Taichung, Taiwan
[2] Feng Chia Univ, Dept Econ, 100, Wenhwa Rd, Taichung 40724, Taiwan
来源：
EMERGING MARKETS FINANCE AND TRADE | 2023年
关键词：
Supply chain disruption; electricity demand forecasting; threshold error correction model; O13; Q43; Q47;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Our research aims to find the alteration in electricity consumption during supply chain disturbance following the COVID-19 pandemic, while seeking to elucidate the island-wide power blackout in Taiwan in May 2021. The inquiries addressed are as follows: initially, the income elasticity of electricity consumption decreases over time. We present evidence indicating a decoupling between electricity consumption and GDP, linked to higher overseas production ratio of export orders being produced. Secondly, as a result of the supply chain disruption, the income elasticity of electricity consumption escalates, and Taiwan experiences GDP growth. Electricity consumption increases rise through both channels. Lastly, utilizing a nonlinear model for prediction yields more accurate projections, potentially averting power outages.
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页数：16
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