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Electricity Demand Analysis In Different Sectors: A Case Study Of Iran, Elham Pourazarm

University of Wollongong Thesis Collection 1954-2016

The objective of this thesis is to estimate the main determinants of electricity demand in Iran for various subsectors (residential, industrial, agricultural and public) using appropriate econometric models. The thesis also aims to study the influence of new electricity pricing in Iran and forecast electricity demand up to 2020.

One of the main concerns pertaining to the Iranian power industry is the high growth rate of domestic demand, coupled with the inefficient use of electricity in different sectors. A limited number of studies have focused on disaggregated electricity demand in Iran, but suffer from disregarding some important influencing factors and …

Pairs Trading Using Cointegration Approach, Heni Puspaningrum

University of Wollongong Thesis Collection 1954-2016

Pairs trading strategy works by taking the arbitrage opportunity of temporary anomalies between prices of related assets which have long-run equilibrium. When such an event occurs, one asset will be overvalued relative to the other asset. We can then invest in a two-assets portfolio (a pair) where the overvalued asset is sold (short position) and the undervalued asset is bought (long position). The trade is closed out by taking the opposite positions of these assets after the asset prices have settled back into their long-run relationship. The profit is captured from this short-term discrepancies in the two asset prices. Since …