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  • Publication
    Métadonnées seulement
    Elasticities of Gasoline Demand in Switzerland
    (2013-10)
    Baranzini, Andrea
    ;
    Using cointegration techniques, we investigate the determinants of gasoline demand in Switzerland over the period 1970–2008. We obtain a very weak price elasticity of −0.09 in the short run and −0.34 in the long run. For fuel demand, i.e. gasoline plus diesel, the corresponding price elasticities are −0.08 and −0.27. Our rich dataset allows working with quarterly data and with more explicative variables than usual in this literature. In addition to the traditional price and income variables, we account for variables like vehicle stocks, fuel prices in neighbouring countries, oil shocks and fuel taxes. All of these additional variables are found to be significant determinants of demand.
  • Publication
    Accès libre
    The Causal Relationship between Energy Use and Economic Growth in Switzerland
    (2013)
    Baranzini, Andrea
    ;
    ;
    Bareit, Markus
    ;
    This paper investigates the relationships between energy consumption and economic growth in Switzerland over the period 1950–2010. We apply bounds testing techniques to different energy types separately. Robustness tests are performed by including additional variables and restricting the analysis to the period after 1970. The results show that there exist robust long-run relationships going from real GDP toward heating oil and electricity consumption. The relationship between heating oil and GDP is in fact bidirectional, although weaker from heating oil toward GDP than in the reverse direction. When investigating the period 1970–2010 only, the estimate of the long-run income elasticity of electricity consumption loses statistical significance and that for heating oil becomes negative. Those results imply a possible decoupling between GDP growth and energy consumption, so that energy conservation policies are not necessarily expected to have a negative impact on Swiss economic growth.
  • Publication
    Métadonnées seulement
    Consumers' Choices among Alternative Electricity Programmes in Geneva - An Empirical Analysis
    (2009) ;
    Baranzini, Andrea
    ;
    Fragnière, Emmanuel
    Services Industriels de Geneve (SIG) is a monopoly which delivers natural gas, water and electricity in the Canton of Geneva (Switzerland). A few years ago, SIG offered to Geneva households the possibility to choose among six different types of electricity products. The new electricity products differ particularly because of the origin of their production (natural gas, hydraulic, solar, etc.) and their prices. Through a survey research, we collected information about the households' choices among the different electricity products. By a series of logistic regressions, we assess what determines households' knowledge of the different electricity products which are offered by SIG, as well as the factors explaining their choices.