This paper presents an empirical analysis of residential electricity demand considering the existence of spatial effects. This analysis has been performed using aggregate panel data at the province level for 46 Spanish provinces for the period from 2001 to 2009. For this purpose, we estimated a...

Dynamic partial adjustment models of residential electricity demand account for the fact that households may not adjust electricity consumption immediately in response to changes in prices, income, and other relevant factors, because of behavioral habits or adjustment costs for the capital stock...

In this paper we propose a general approach for estimating stochastic frontier models, suitable when using long panel data sets. We measure efficiency as a linear combination of a finite number of unobservable common factors, having coefficients that vary across firms, plus a time-invariant...