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Institute for Regulatory Policy Studies

Journal Articles and Reports

2012 Publications

  • Ohler, Adrienne and Julius Kimutai Cheruiyot,"A Comparison of Bilateral Trading and the Uniform Clearing Price Reverse Auction: Lessons from Illinois' Electricity Procurement Processes", Electricity Journal, 25(7), August/September 2012, 24-35.
  • Hickey, E., Loomis, D. G., & Mohammadi, H. (2012) "Forecasting hourly electricity prices using ARMAX-GARCH models: An application to MISO hubs." Energy Economics, 34, 307-315.
  • Chupp, B. A., Hickey, E. A., & Loomis, D. G. (2012). "Optimal Wind Portfolios in Illinois." Electricity Journal, 25, 46-56.
  • Mohammadi, H. & Ram, R. (2012) "Cross-country convergence in energy and electricity consumption, 1971-2007". Energy Economics, 34(6), November 2012, 1882-1887.

2011 Publications

  • Payne, J. E., Loomis, D. G. & Wilson, R. (2011) "Residential Natural Gas Demand in Illinois: Evidence from the ARDL Bounds Testing Approach." Journal of Regional Analysis and Policy, 41(2), 138.
  • Theron, S., Winter, J. R., Loomis, D. G., & Spaulding, A. D. (2011). "Attitudes Concerning Wind Energy in Central Illinois". Journal of the American Society of Farm Managers and Rural Appraisers, 74, 120-128.

2010 Publications

  • Loomis, David and Adrienne Ohler. "Are Renewable Portfolio Standards a Policy Cure-All?: A Case Study of Illinois' Experience." William & Mary Environmental Law & Policy Review, 35, 135-182.
  • Ohler, Adrienne and Kristi Radusewicz, "Indirect Impacts in Illinois from a Renewable Portfolio Standard." Electricity Journal, August 2010.
  • Apergis, N. and J.E. Payne, "The Emissions, Energy Consumption and Growth Nexus: Evidence from the Commonwealth of Independent States", Energy Policy, 38(1), January 2010, 650-655.
  • Apergis, N. and J.E. Payne, "Renewable Energy Consumption and Economic Growth: Evidence from a Panel of OECD Countries", Energy Policy, 38(1), January 2010, 656-660.
  • Payne, J.E., "Survey of the International Evidence on the Causal Relationship between Energy Consumption and Growth", Journal of Economic Studies, 37(1), January 2010, 53-95.
  • Payne, J.E. "A Survey of the Electricity Consumption-Growth Literature", Applied Energy, 87(3), March 2010, 723-731.
  • Apergis, N. and J.E. Payne, "Coal Consumption and Economic Growth: Evidence from a Panel of OECD Countries", Energy Policy, 38(3), March 2010, 1353-1359.
  • Carlson, J. L., Payne, J. E., & Loomis, D. G. (2010) "An assessment of the Economic Impact of the Wind Turbine Supply Chain in Illinois", Electricity Journal, 13, 75-93.
  • Apergis, N., Payne, J. E., & Loomis, D. G. (2010) "Are shocks to natural gas consumption transitory or permanent?", Energy Policy,I 38, 4737-4736.
  • Apergis, N., Payne, J. E., & Loomis, D. G. (2010) "Are fluctuations in coal consumption transitory or permanent", Applied Energy, 87, 2424-2426.
  • Hickey, E. A., Carlson, J. L., & Loomis, D. G. (2010) "Issues in the determination of the optimal portfolio of electricity supply options", Energy Policy, 38, 2198-2207.
  • Gil-Alana, L. A., Loomis, D. G., Payne, J. E. (2010) "Does energy consumption by the U. S. electric power sector exhibit long memory behavior?", Energy Policy, 38, 7512-7518.
  • Loomis, D. G. & Ohler, A. O. (2010) "Are Renewable Portfolio Standards a Policy Cure-All? A Case Study of Illinois' Experience". Environmental Law and Policy Review, 35, 7512-7518.

2009 Publications

  • Apergis, N. and J.E. Payne, "Energy Consumption and Economic Growth in Central America: Evidence from a Panel Cointegration and Error Correction Model", Energy Economics, 31(2), March 2009, 211-216.
  • Bowden N. (student), S. Hu (student), and J.E. Payne, "Day-Ahead Premiums for the Midwest ISO", The Electricity Journal ,22(2), March 2009, 64-73.
  • Bowden, N. (student) and J.E. Payne, "The Causal Relationship between U.S. Energy Consumption and Real Output: A Disaggregated Analysis", Journal of Policy Modeling, 31(2), March-April 2009, 180-188.
  • Payne, J.E., "On the Dynamics of Energy Consumption and Output in the U.S.", Applied Energy, 86(4), April 2009, 575-577.
  • Mohammadi, H., "Electricity Prices and Fuel Costs. Long-run relations and Short-run Dynamics", Energy Economics, 31(3), May 2009, 503-509.
  • Payne, J.E. "Further Evidence on Modeling Wind Speed and Time-Varying Turbulence", Energy Sources, Part A: Recovery, Utilization, and Environmental Effects, 31(13), August 2009, 1194-1203.
  • Apergis, N. and J.E. Payne, "CO2 Emissions, Energy Usage, and Output in Central America", Energy Policy, 37(8), August 2009, 3282-3286.
  • Apergis, N. and J.E. Payne, "Energy Consumption and Economic Growth: Evidence from the Commonwealth of Independent States", Energy Economics, 31(5), September 2009, 641-647.
  • Payne, J.E., "On the Dynamics of Energy Consumption and Employment in Illinois", Journal of Regional Analysis and Policy, 39(2), 2009, 126-130.
  • Payne, J.E. and B. Carroll (student), "Modeling Wind Speed and Time Varying Turbulence in Geographically Dispersed Markets in China", Energy Sources, Part A: Recovery, Utilization, and Environmental Effects, 31(9), December 2009, 1759-1769.

2008 Publications

  • Bowden N. (student) and J.E. Payne, "Short Term Forecasting of Electricity Price for MISO Hubs: Evidence from ARIMA-EGARCH Models", Energy Economics, 30(6), November 2008, 3186-3197.
  • Carlson, J.L. and D.G.Loomis, "An Assessment of the Impact of Deregulation on the Relative Price of Electricity in Illinois", Electricity Journal, 21(6), July 2008, 60-70.
  • Loomis, D. G. (2008)"The telecommunications industry". In H. Bidgoli (ed.), The handbook of computer networks (pp. 3-19). Hoboken, NJ: John Wiley & Sons.

2007 Publications

  • Cox, J. E., Jr., & Loomis, D. G. (2007)."A managerial approach to using error measures in the evaluation of forecasting methods." International Journal of Business Research, 7, 143-149.

2006 Publications

  • Cox, J. E., Jr., & Loomis. D. G. (2006) "Improving forecasting through textbooks--a 25 year review." International Journal of Forecasting, 22, 617-624.

2005 Publications

  • Swann, C. M., & Loomis, D. G. (2005) "Competition in local telecommunications--there's more than you think." Business Economics, 40, 18-28.
  • Swann, C. M., & Loomis, D. G. (2005). "Intermodal competition in local telecommunications markets." Information Economics and Policy, 17, 97-113.

2004 Publications

  • Swann, C. M., & Loomis, D. G. (2004) "Telecommunications demand forecasting with intermodal competition--a multi-equation modeling approach". Telektronikk, 100, 180-184.

2003 Publications

  • Cox, J. E., Jr., & Loomis, D. G. (2003). "Principles for teaching economic forecasting". International Review of Economics Education, 1, 69-79.

2002 Publications

  • Taylor, L. D. & Loomis, D. G. (2002) "Forecasting the internet: understanding the explosive growth of data communications". Boston: Kluwer Academic Publishers.
  • Wiedman, J. & Loomis, D. G. (2002) "U. S. broadband pricing and alternatives for internet service providers". In D. G. Loomis and L. D. Taylor (eds.) Boston: Kluwer Academic Publishers.

2001 Publications

  • Cox, J. E., Jr. & Loomis, D. G. (2001)"Diffusion of forecasting principles: an assessment of books relevant to forecasting. In J. W. Armstrong (Ed.), Principles of Forecasting: A Handbook for Researchers and Practitioners (pp. 633-650). Norwell, MA: Kluwer Academic Publishers.

2000 Publications

  • Cox, J. E., Jr. & Loomis, D. G. (2000) "A course in economic forecasting: rationale and content." Journal of Economics Education, 31, 349-357.

Powerpoint Presentations

Are Renewable Portfolio Standards a Policy Cure-All?
Adrienne Ohler and David Loomis
Illinois State University

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