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A Study Of Residential Demand For Electricity With Emphasis On Price Elasticity


A Study Of Residential Demand For Electricity With Emphasis On Price Elasticity
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A Study Of Residential Demand For Electricity With Emphasis On Price Elasticity


A Study Of Residential Demand For Electricity With Emphasis On Price Elasticity
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Author : Robert H. Havig
language : en
Publisher:
Release Date : 1977

A Study Of Residential Demand For Electricity With Emphasis On Price Elasticity written by Robert H. Havig and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Electric power consumption categories.




A Survey Of Empirical Studies On Demand For Electricity With Special Emphasis On Price Elasticity Of Demand


A Survey Of Empirical Studies On Demand For Electricity With Special Emphasis On Price Elasticity Of Demand
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Author : Wisarn Pupphavesa
language : en
Publisher:
Release Date : 1983

A Survey Of Empirical Studies On Demand For Electricity With Special Emphasis On Price Elasticity Of Demand written by Wisarn Pupphavesa and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Electric power categories.




The Residential Demand For Energy


The Residential Demand For Energy
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Author : Lester D. Taylor
language : en
Publisher:
Release Date : 1977

The Residential Demand For Energy written by Lester D. Taylor and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Electricity categories.


This study focuses on the residential demand for energy over tLe period1956 to 1972, with principal emphasis on the residential demand for electricity. The study has as its primary goal to deal with decreasing block pricing in the sale of electricity in a tanner that is appropriate theoretically and econometrically sound. To this end, a completely new price data set was constructed that is derived from actual residential rate schedules published in the National Electric Rate Book. The price of electricity is represented in the econometric demand functions as the marginal price plus a measure of intramarginal expenditure. The basic unit of observation is the state, end the models are estimated using the variance -components technique pioneered by Balestra and Nerlove. Two types of dynamic models are estimated, logarithmic flow -adjustment models in which appliance stocks do not appear explicitly, and stock-adjustment models in which they do. The latter models employ annual estimates for the years 1960 to 1972 of 11 types of electrical appliances that were constructed by Data Resources, Inc. specifically fur the project. The results of the study:(1) Bury once -and -for -all any notion that the price of electricity is not an important determinant of the amount of electricity that households consume. While the conclusion that price is important is hardly novel, the results of this study are especially strong and corroborative in view of the lengths gone to develop methodology and data. (2). Establish the practical importance of proper modeling of decreasing -block tariffs. Future research will undoubtedly extend, refine, and revise the methodology and estimates, but the principle of approaching the demand of electricity(and natural gas) in a two-part tariff framework would seem firmly to be established.(3). Suggest that the long -run price elasticity for the residential demand for electricity may not be as large as previous studies have indicated. In particular, our results suggest that the long -run price elasticity is no greater than I (in absolute1value), and is more likely of the order of -0.8.



Price Elasticity Of Demand For Electricity


Price Elasticity Of Demand For Electricity
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Author : Louis A. Guth
language : en
Publisher:
Release Date : 1975

Price Elasticity Of Demand For Electricity written by Louis A. Guth and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Electric utilities categories.




Price Elasticity Of Demand For Electricity


Price Elasticity Of Demand For Electricity
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Author : Charles Joseph Pleski
language : en
Publisher:
Release Date : 1983

Price Elasticity Of Demand For Electricity written by Charles Joseph Pleski and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with categories.




Determining Own Price Elasticity For Residential Demand Of Electricity


Determining Own Price Elasticity For Residential Demand Of Electricity
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Author : Douglas S. Wilson
language : en
Publisher:
Release Date : 1983

Determining Own Price Elasticity For Residential Demand Of Electricity written by Douglas S. Wilson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Elasticity (Economics) categories.




Measuring Price And Income Elasticities Of Residential Electricity Demand


Measuring Price And Income Elasticities Of Residential Electricity Demand
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Author : Atlana Puett
language : en
Publisher:
Release Date : 2014

Measuring Price And Income Elasticities Of Residential Electricity Demand written by Atlana Puett and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Electronic books categories.


Published estimates of the price elasticity of residential electricity demand range from -0.29 to -0.70, for analyses based on household level data; however, the area level estimates from range from -0.02 to -0.15. A similar pattern has been reported for estimates of the income elasticity of residential demand for electricity. Each published study relied on one type of data set (aggregated or disaggregated) and these datasets cover different time periods and locations. This raises the question: does the pattern generated by the published results reflect systematic differences generated by the use of aggregated vs. disaggregated data, or does the pattern reflect random variations in the study settings? In this research the hypothesis has been tested that the pattern generated by the published results reflects the use of aggregated vs. disaggregated data, by constructing both an individual-level dataset and a county-level dataset for one state (State of Nevada) covering the period from 2005 to 2011. Both datasets have been used to estimate household and utility level price and income elasticities of residential demand for electricity. This research shows the same pattern reported in the published studies: the magnitude of the estimated price elasticity generated by the disaggregated data exceeds the magnitude of the estimate generated by the disaggregated data. However, the magnitudes of the two income elasticities do not follow the same pattern.



Empirical Essays In The Residential Demand For Electricity


Empirical Essays In The Residential Demand For Electricity
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Author : James Marvin Walker
language : en
Publisher:
Release Date : 1978

Empirical Essays In The Residential Demand For Electricity written by James Marvin Walker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Electric power categories.




Demand For Electricity


Demand For Electricity
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Author : Byron Harris
language : en
Publisher:
Release Date : 1978

Demand For Electricity written by Byron Harris and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Electric power consumption categories.




Price Elasticity Of Demand In The Residential Sector


Price Elasticity Of Demand In The Residential Sector
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Author : Central Maine Power Company. Market Research and Forecasting Department
language : en
Publisher:
Release Date : 1987

Price Elasticity Of Demand In The Residential Sector written by Central Maine Power Company. Market Research and Forecasting Department and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Electric utilities categories.