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Understanding the determinants on household electricity consumption in Korea: OLS regression and quantile regression
Affiliation:Department of Consumer Economics, Sookmyung Women’s University, 100 Cheongpa-ro 47-gil, Yongsan-gu, Seoul, 140-742, Republic of Korea
Abstract:The paper aims to investigate the determinants of household electricity consumption in Korea by using both the OLS regression and quantile regression. The results show that the effects of socio-demographic, dwelling, and electricity consumption characteristics on household electricity consumption may differ between two regressions and may differ across quantiles. We found that age group of household head, number of household, housing area, the number of household appliances, and refrigerator usage time were significant in all quantiles.
Keywords:Household electricity consumption  Household energy consumption sample survey  Low electricity-consuming households  High electricity-consuming households  Quantile regression
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