| 초록 |
The purpose of this paper is to analyze energy consumption behavior of farm households against climate change in Kyungpook Province, Korea. This paper estimates price and income elasticities of demand for three main fuels(LNG, propane gas, kerosene) by using the linear approximate Almost Ideal Demand System (LA-AIDS). The major findings of this study are summarized as follows. First, the results indicate that the determinants affecting consumption of LNG, propane gas, kerosene are LNG price, propane gas price, kerosene price and X/P(total expenditure/price index). Second, all compensated (Hicksain) own-price elasticities are negative and price inelastic. This result indicating that mail fuels are necessity in rural household. And all uncompensated (Marshallian) own-price elasticities are negative. Propane gas is price elastic while LNG and kerosene are price inelastic. For some cross-price elasticities, while Hicksian estimates are positive, Marshallian estimates are negative. Third, income elasticities of demand for the three fuels are positive. It means that these fuels are normal goods.
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