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In this paper we employ a dataset of three dimensions - state, sector, and year - to estimate the short- and long-run price elasticities of state-level electricity demand in the United States. Our sample covers the period 2003-2015. We contribute to the literature by employing instrumental...
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A sustainable energy system is key for addressing the world’s environmental and social challenges. The U.S is the second largest consumer of energy, with increased energy consumption in the previous half-century. To curb energy demand, it is essential to understand the relative price...
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We study residential demand for electricity and gas, working with nationwide household-level data that cover recent … household residential energy usage at the national level, containing the broadest geographical coverage, and with the longest … find strong household response to energy prices, both in the short and long term. From the static models, we get estimates …
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