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This paper uses an experiment to identify what modelling decisions significantly affect estimates of own-price elasticity for non-residential electricity demands in the United States (U.S.). Based on ~175,000 panel data analyses of 10,944 monthly observations by state available from the Energy...
Persistent link: https://www.econbiz.de/10014082601
Accurate projections of electricity demand growth by end-use customer class (residential, commercial, industrial) are necessary for energy policy modelling, resource planning, and electricity pricing and procurement. Motivated by the expected trend of rising retail electricity prices in the US...
Persistent link: https://www.econbiz.de/10013214365
To estimate price responsiveness of commercial demand for natural gas in the US, our panel data analysis uses five parametric specifications and monthly data for the lower 48 states in 1991-2020, finding (1) the statistically significant ( p -value ≤ 0.05) static own-price elasticity estimates...
Persistent link: https://www.econbiz.de/10013215252