Understanding the diversity of the residential demand for various electrical services is critical for utilities and policymakers in effective demand side management. However, previous research has usually treated the household as a unit of analysis, and thus may ignore the fact that household...

This paper aims to fill the gap between theoretical and empirical studies of home market effects (HMEs). On one hand, empirical studies on the price aspect of HMEs -- that wages are higher in larger markets -- are supportive, but studies on the quantity aspect -- that the firm share in the...

In the CGE based policy modeling literature, especially recent literature on policy modeling for global climate change, nested CES production functions over multiple inputs have been widely used. Although lack of reliable estimates of substitution elasticities for nested structures has been...