Estimación de la demanda eléctrica en Ecuador en el corto y largo plazo, periodo 1980 2018

Abstract

Abstract: A study focused in the Ecuador where the demand for electricity is a key indicator of economic development, and its correct estimation allows the government to reduce costs that would arise in the absence of a good estimate. Therefore, this research addresses the theoretical concepts related to electricity demand, analyzes the Ecuadorian history focused on this sector and after that, having obtained data from different statistical sources, an estimation is made using an econometric model called Vector Error Correction (VEC), with which the results are obtained that relate the short and the long term of electricity demand with a study period ranging from 1980 to 2018. The conclusion is reached by considering those significant variables extracted from empirical evidence where the results are useful for political decision-making by the government.