As policy regime changes, demand elasticities are unlikely to be constant since individuals change how they form their expectations, and this will change the estimated decision rules. In this paper, the time-varying nature of electricity demand elasticities prior to and post the economic reform...

In spite of the varying supply boosting efforts made by various governments to deal with the existing demand–supply gap in the electricity sector, the incessant growth in aggregate domestic electricity demand has made these efforts futile. As an objective, this paper attempts to identify the...