Demanda industrial de energia elétrica em Minas Gerais, 1970-2002
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The main objective of this paper was to obtain an estimate for the industrial
electricity demand in Minas Gerais in the period from 1970 to 2002. After identifying
that the series were nonstationary, it was used the Cointegration approach, being
estimated a Vector Error Correction Model (VEC Model). The results showed that
both price and income elasticities are inferiors to the unit. The projections for period 2004/2008 indicate that the consumption of electricity should present superior taxes of growth to the observed ones in the decade of 90.