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short-run income and price elasticities for residential demand for electricity in G7 countries. The panel results indicate … that in the long-run residential demand for electricity is price elastic and income inelastic. The study concludes that … electricity demand, and thus curb carbon emissions, in the long run …
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This paper examines the relationship between electricity consumption, employment and real income in Australia within a … cointegration and causality framework. We find that electricity consumption, employment and real income are cointegrated and that in … the long-run employment and real income Granger cause electricity consumption, while in the short run there is weak …
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We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …
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