Search Results - subject:"elasticity of demand"

Why Has the OECD Long-Run GDP Elasticity of Economy-Wide Electricity Demand Declined? Because the Electrification of Energy Services Has Saturated

Liddle, Brant; Parker, Steven; Hasanov, Fakhri J. - 2022

Understanding the income/GDP and price elasticities of energy/electricity demand is important for forecasting demand and evaluation of the potential impact of policies. Recent work on the GDP elasticity of economy-wide electricity demand has suggested that this elasticity is both substantially...

Persistent link: https://www.econbiz.de/10013294823

Analysis of Individual Natural Gas Consumption and Price Elasticity : Evidence from Billing Data in Italy

Grossi, Luigi; Favero, Filippo - 2022

The price elasticity of residential and non-residential energy demand is crucial for assessing energy policies and consumption forecasts.In this paper, using the monthly billing data of 51,177 end-users in Veneto (Italy), we implemented three panel-data models, analyzing the elasticity between...

Persistent link: https://www.econbiz.de/10013302031

Personalized pricing with a price sensitive demand

Esteves, Rosa Branca; Shuai, Jie - 2022

This paper assesses the profit and welfare effects of firms' ability to charge personalized prices in markets where consumer demand is sensitive to price changes. In a mill pricing model, regardless of demand elasticity, personalized pricing (PP) raises consumer surplus at the expense of...

Persistent link: https://www.econbiz.de/10013308971

Marginal tax rates and income in the long run : evidence from a structural estimation

Macnamara, Patrick; Pidkuyko, Myroslav; Rossi, Raffaele - 2022 - Updated January 2022

Persistent link: https://www.econbiz.de/10012793571

Household electricity demand, the intrinsic flexibility index and UK wholesale electricity market prices

Torriti, Jacopo - In: Environmental economics and policy studies : the … 24 (2022) 1, pp. 7-27

Persistent link: https://www.econbiz.de/10012797165

Unequal Expenditure Switching : Evidence from Switzerland

Auer, Raphael A.; Burstein, Ariel T.; Lein, Sarah; … - National Bureau of Economic Research - 2022

What are the unequal effects of changes in consumer prices on the cost of living? In the context of changes in import prices, most analyses focus on variation across households in initial expenditure shares on imported goods. However, the unequal welfare effects of non-marginal foreign price...

Persistent link: https://www.econbiz.de/10012938726

Price Elasticity of Demand and Risk-Bearing Capacity in Sovereign Bond Auctions

Albuquerque, Rui A.; Cardoso‐Costa, José‐Miguel; … - 2022

elasticity of demand. The price elasticity of demand correlates strongly with the volatility of returns of the same bonds traded … elasticity of demand predicts the post-auction return of the same bonds in the secondary market at various horizons. The evidence … suggests that the price elasticity of demand is associated with the magnitude of price pressure in the secondary market around …

Persistent link: https://www.econbiz.de/10013292561

Is the Price Elasticity of Demand Asymmetric? Evidence from Public Transport Demand

Yaman, Firat; Offiaeli, Kingsley - 2022

Demand is frequently found to react differently to price increases than to price decreases. This finding is usually attributed to psychological phenomena such as loss aversion or to the different pace with which price changes become known to potential buyers leading to a kinked demand curve....

Persistent link: https://www.econbiz.de/10013295010

Is the Price Elasticity of Demand Asymmetric? Evidence from Public Transport Demand

Yaman, Firat; Offiaeli, Kingsley - 2022

Persistent link: https://www.econbiz.de/10013295011

Dynamics of Fuel Demand Elasticity : Evidence from Iranian Subsidy Reforms

Ghoddusi, Hamed; Morovati, Mohammad; Rafizadeh, Nima - 2022

short, intermediate, and long-term price elasticity of demand. We find that price elasticity and price levels are inversely …

Persistent link: https://www.econbiz.de/10013295078