Price Elasticity of Demand for Electricity

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Publisher :
ISBN 13 :
Total Pages : 258 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Price Elasticity of Demand for Electricity by : Louis A. Guth

Download or read book Price Elasticity of Demand for Electricity written by Louis A. Guth and published by . This book was released on 1975 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Price Elasticity of Electricity Demand in the United States

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Price Elasticity of Electricity Demand in the United States by : Paul J. Burke

Download or read book The Price Elasticity of Electricity Demand in the United States written by Paul J. Burke and published by . This book was released on 2017 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we employ a dataset of three dimensions - state, sector, and year - to estimate the short- and long-run price elasticities of state-level electricity demand in the United States. Our sample covers the period 2003-2015. We contribute to the literature by employing instrumental variable estimation approaches, using the between estimator, and pursuing panel specifications that are able to control for multiple dimensions of fixed effects. We conclude that state-level electricity demand is very price inelastic in the short run, with a same-year elasticity of -0.1. The long-run elasticity is near -1, larger than often believed. Among the sectors, it is industry that has the largest long-run price elasticity of demand. This appears to in part be due to electricity-intensive industrial activities clustering in low-price states.

A Guide to Price Elasticities of Demand for Energy

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis A Guide to Price Elasticities of Demand for Energy by : James A. Edmonds

Download or read book A Guide to Price Elasticities of Demand for Energy written by James A. Edmonds and published by . This book was released on 1978 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Short Run Price Elasticity of Residential Electricity Demand Within Income Levels and the Implications for CO2 Policy

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (932 download)

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Book Synopsis Short Run Price Elasticity of Residential Electricity Demand Within Income Levels and the Implications for CO2 Policy by :

Download or read book Short Run Price Elasticity of Residential Electricity Demand Within Income Levels and the Implications for CO2 Policy written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Analyzing Demand Behavior

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Publisher : Routledge
ISBN 13 : 1135984972
Total Pages : 159 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Analyzing Demand Behavior by : Douglas R. Bohi

Download or read book Analyzing Demand Behavior written by Douglas R. Bohi and published by Routledge. This book was released on 2013-11-26 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2011. This title takes econometric studies as data; it examines their assumptions, investigates their methodologies, contrasts the data sets they use, and compares their results. By informing users what they can and cannot expect from researchers, it can sharpen the criteria that are used to commission such studies and judge their results. By examining an array of studies dealing with the same or related phenomena, Bohi can analyse the ways in which decisions made by researchers affect their results. All while considering inferences surrounding the role of econometric demand estimation in formulating policy and understanding demand behavior.

Price Elasticity and Electricity Demand

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (143 download)

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Book Synopsis Price Elasticity and Electricity Demand by : Electricity Council. Intelligence Section

Download or read book Price Elasticity and Electricity Demand written by Electricity Council. Intelligence Section and published by . This book was released on 1974 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Price Elasticity of Electricity Demand Whenmarginal Incentives are Very Large

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (118 download)

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Book Synopsis The Price Elasticity of Electricity Demand Whenmarginal Incentives are Very Large by : Gauthier Lanot

Download or read book The Price Elasticity of Electricity Demand Whenmarginal Incentives are Very Large written by Gauthier Lanot and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Future of Electricity Demand

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Publisher : Cambridge University Press
ISBN 13 : 9781107532731
Total Pages : 0 pages
Book Rating : 4.5/5 (327 download)

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Book Synopsis The Future of Electricity Demand by : Tooraj Jamasb

Download or read book The Future of Electricity Demand written by Tooraj Jamasb and published by Cambridge University Press. This book was released on 2015-07-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: What will electricity and heat demand look like in a low-carbon world? Ambitious environmental targets will modify the shape of the electricity sector in the twenty-first century. 'Smart' technologies and demand-side management will be some of the key features of the future of electricity systems in a low-carbon world. Meanwhile, the social and behavioural dimensions will complement and interact with new technologies and policies. Electricity demand in the future will increasingly be tied up with the demand for heat and for transport. The Future of Electricity Demand looks into the features of the future electricity demand in light of the challenges posed by climate change. Written by a team of leading academics and industry experts, the book investigates the economics, technology, social aspects, and policies and regulations which are likely to characterize energy demand in a low-carbon world. It provides a comprehensive and analytical perspective on the future of electricity demand.

Measuring Price and Income Elasticities of Residential Electricity Demand

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Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (932 download)

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Book Synopsis Measuring Price and Income Elasticities of Residential Electricity Demand by : Atlana Puett

Download or read book Measuring Price and Income Elasticities of Residential Electricity Demand written by Atlana Puett and published by . This book was released on 2014 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Measuring Willingness to Pay for Electricity

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Publisher : DIANE Publishing
ISBN 13 : 1437900542
Total Pages : 26 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Measuring Willingness to Pay for Electricity by : Peter Choynowski

Download or read book Measuring Willingness to Pay for Electricity written by Peter Choynowski and published by DIANE Publishing. This book was released on 2008-05 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The measurement of willingness to pay for electricity relies critically on a reliable estimate of the demand for electricity function. Empirical work tends to assume that the demand for electricity has no satiation point. Many electricity demand models assume a constant price elasticity, which implies infinite demand at low prices. This report proposes a plausible functional form for the demand of electricity. The proposed functional form is consistent with two properties of electricity demand functions for households & firms, namely, the negative relationships between price & quantity, & the finiteness of demand at zero price. The report also demonstrates that this functional form of the demand function leads to easily estimable economic benefits of electricity.

Energy Transition Metals

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Publisher : International Monetary Fund
ISBN 13 : 1513599372
Total Pages : 41 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Energy Transition Metals by : Lukas Boer

Download or read book Energy Transition Metals written by Lukas Boer and published by International Monetary Fund. This book was released on 2021-10-12 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario analysis. Metal prices would reach historical peaks for an unprecedented, sustained period in a net-zero emissions scenario. The total value of metals production would rise more than four-fold for the period 2021 to 2040, rivaling the total value of crude oil production. Metals are a potentially important input into integrated assessments models of climate change.

Identification and Inference for Econometric Models

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Publisher : Cambridge University Press
ISBN 13 : 9780521844413
Total Pages : 606 pages
Book Rating : 4.8/5 (444 download)

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Book Synopsis Identification and Inference for Econometric Models by : Donald W. K. Andrews

Download or read book Identification and Inference for Econometric Models written by Donald W. K. Andrews and published by Cambridge University Press. This book was released on 2005-06-17 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2005 collection pushed forward the research frontier in four areas of theoretical econometrics.

A Study on Electricity Demand and Variation in the Price Elasticity of Demand for Manufacturing Industries

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Publisher :
ISBN 13 :
Total Pages : 7 pages
Book Rating : 4.:/5 (826 download)

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Book Synopsis A Study on Electricity Demand and Variation in the Price Elasticity of Demand for Manufacturing Industries by : Hui S. Chang

Download or read book A Study on Electricity Demand and Variation in the Price Elasticity of Demand for Manufacturing Industries written by Hui S. Chang and published by . This book was released on 1979 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:

State Energy Price and Expenditure Report

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ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis State Energy Price and Expenditure Report by :

Download or read book State Energy Price and Expenditure Report written by and published by . This book was released on 1987 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents energy price and expenditure estimates for the 50 States, the District of Columbia, and the United States for 1970, 1975, 1980 and 1985 through 1999. The estimates are presented by energy source (e.g., petroleum, natural gas, coal and electricity) and by major consuming sector.

A Survey of Empirical Studies on Demand for Electricity with Special Emphasis on Price Elasticity of Demand

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Publisher :
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis A Survey of Empirical Studies on Demand for Electricity with Special Emphasis on Price Elasticity of Demand by : Wisarn Pupphavesa

Download or read book A Survey of Empirical Studies on Demand for Electricity with Special Emphasis on Price Elasticity of Demand written by Wisarn Pupphavesa and published by . This book was released on 1983 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Consumer Durable Choice and the Demand for Electricity

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Publisher : Elsevier
ISBN 13 : 1483294668
Total Pages : 286 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Consumer Durable Choice and the Demand for Electricity by : J.A. Dubin

Download or read book Consumer Durable Choice and the Demand for Electricity written by J.A. Dubin and published by Elsevier. This book was released on 2014-07-22 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops the theory of durable choice and utilization. The basic assumption is that the demand for energy is a derived demand arising through the production of household services. Durable choice is associated with the choice of a particular technology for providing the household service. Econometric systems are derived which capture both the discrete choice nature of appliance selection and the determination of continuous conditional demand.Using the National Interim Energy Consumption Survey (NIECS) from 1978, a nested logit model of room air-conditioning, central air-conditioning, space-heating and water heating is estimated. The estimated probability choice model is used to forecast the impacts of proposed building standards for newly constructed single family detached residences. A network thermal model provides unit energy consumptions for alternative heating and cooling systems across time. Monthly billing data matched to NIECS is analyzed permitting seasonal estimation of the demand for electricity and natural gas by households.The theory of price specification for demand subject to a declining rate structure is reviewed and tested. Finally, consistent estimation procedures are used in the presence of possible correlation between dummy variables indicating appliance ownership and the equation error. The hypothesis of simultaneity in the demand system is tested.Conditional moments in the generalized extreme value family are derived to extend discrete continuous econometric systems in which discrete choice is assumed logistic. An efficiency comparison of various two-stage consistent estimation techniques applied to a single equation of a dummy endogenous simultaneous equation system is undertaken and asymptotic distributions are derived for each estimation method.

Econometric Models of U.S. Energy Demand

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Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Econometric Models of U.S. Energy Demand by : Robert Halvorsen

Download or read book Econometric Models of U.S. Energy Demand written by Robert Halvorsen and published by . This book was released on 1978 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: