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Has the accuracy of energy projections in OECD countries improved since the 1970s?

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

Standard

Has the accuracy of energy projections in OECD countries improved since the 1970s? / Bentzen, Jan Børsen; Linderoth, Hans.

In: O P E C Energy Review, Vol. XXV, No. No.2, 2001, p. 105-116.

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

Harvard

Bentzen, JB & Linderoth, H 2001, 'Has the accuracy of energy projections in OECD countries improved since the 1970s?', O P E C Energy Review, vol. XXV, no. No.2, pp. 105-116.

APA

Bentzen, J. B., & Linderoth, H. (2001). Has the accuracy of energy projections in OECD countries improved since the 1970s? O P E C Energy Review, XXV(No.2), 105-116.

CBE

Bentzen JB, Linderoth H. 2001. Has the accuracy of energy projections in OECD countries improved since the 1970s?. O P E C Energy Review. XXV(No.2):105-116.

MLA

Bentzen, Jan Børsen and Hans Linderoth. "Has the accuracy of energy projections in OECD countries improved since the 1970s?". O P E C Energy Review. 2001, XXV(No.2). 105-116.

Vancouver

Bentzen JB, Linderoth H. Has the accuracy of energy projections in OECD countries improved since the 1970s? O P E C Energy Review. 2001;XXV(No.2):105-116.

Author

Bentzen, Jan Børsen ; Linderoth, Hans. / Has the accuracy of energy projections in OECD countries improved since the 1970s?. In: O P E C Energy Review. 2001 ; Vol. XXV, No. No.2. pp. 105-116.

Bibtex

@article{5d2d8b9024fe11da834f000ea68e967b,
title = "Has the accuracy of energy projections in OECD countries improved since the 1970s?",
abstract = "Since the 1970s, almost all OECD countries have published projections or forecasts of future energy consumption. By now, three decades later, the actual values of energy consumption are available for the same number of countries and thus a considerable amount of empirical data is available concerning formal hypothesis testing - e.g. whether there have been improvements in forecasting accuracy during this period. Using data for 16 OECD countries, the empirical evidence weakly favours the hypothesis that these countries have made some advances in forecasting accuracy, with regard to projections of energy consumption at the aggregate level and, to a lesser degree, at sectoral levels. Also, in accordance with a priori expectations, the forecasting failure increases with the length of the forecasting horizon.",
keywords = "Energy consumption, Forecasting failure, OECD, Energy consumption, Forecasting failure, OECD",
author = "Bentzen, {Jan B{\o}rsen} and Hans Linderoth",
year = "2001",
language = "English",
volume = "XXV",
pages = "105--116",
journal = "O P E C Energy Review",
issn = "1753-0229",
publisher = "Wiley-Blackwell Publishing Ltd.",
number = "No.2",

}

RIS

TY - JOUR

T1 - Has the accuracy of energy projections in OECD countries improved since the 1970s?

AU - Bentzen, Jan Børsen

AU - Linderoth, Hans

PY - 2001

Y1 - 2001

N2 - Since the 1970s, almost all OECD countries have published projections or forecasts of future energy consumption. By now, three decades later, the actual values of energy consumption are available for the same number of countries and thus a considerable amount of empirical data is available concerning formal hypothesis testing - e.g. whether there have been improvements in forecasting accuracy during this period. Using data for 16 OECD countries, the empirical evidence weakly favours the hypothesis that these countries have made some advances in forecasting accuracy, with regard to projections of energy consumption at the aggregate level and, to a lesser degree, at sectoral levels. Also, in accordance with a priori expectations, the forecasting failure increases with the length of the forecasting horizon.

AB - Since the 1970s, almost all OECD countries have published projections or forecasts of future energy consumption. By now, three decades later, the actual values of energy consumption are available for the same number of countries and thus a considerable amount of empirical data is available concerning formal hypothesis testing - e.g. whether there have been improvements in forecasting accuracy during this period. Using data for 16 OECD countries, the empirical evidence weakly favours the hypothesis that these countries have made some advances in forecasting accuracy, with regard to projections of energy consumption at the aggregate level and, to a lesser degree, at sectoral levels. Also, in accordance with a priori expectations, the forecasting failure increases with the length of the forecasting horizon.

KW - Energy consumption

KW - Forecasting failure

KW - OECD

KW - Energy consumption

KW - Forecasting failure

KW - OECD

M3 - Journal article

VL - XXV

SP - 105

EP - 116

JO - O P E C Energy Review

JF - O P E C Energy Review

SN - 1753-0229

IS - No.2

ER -