Matisoff, Daniel C.; Noonan, Douglas S.; Cui, Jinshu - In: Energy Economics 46 (2014) C, pp. 445-452
This research tests the impact of changes in fuel price to explain fuel use by electric utilities. We employ a three-stage least squares model that explains changes in fuel use as a function of changes in three fuel prices. This model is repeated across sub-samples of data aggregated at the...
