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(Article of periodic en Anglais - 1980)

Document title

Residential energy demand in the United States. A regional econometric analysis in Energy problems and regional development.

Authors(s) and Affiliation(s)

LAKSHMANAN T. R. ; ANDERSON W. ;

Abstract

A static equilibrium and a dynamic partial adjustment model of residential demand for electricity and natural gas are presented and estimated for the United States over a recent period characterized by sharply increasing energy prices. The static model is estimated using Ordinary Least Squares while the instrumental variables method is used for the dynamic partial adjustment model. The estimates of long-run elasticities suggest the residential demand for electricity and natural gas are price and income elastic Intercept and slope dummies used in the models identify significant regional differences in demand functions.

Source

Article of periodic

published at : Regional science and urban economics Amsterdam

Editor :

Millesime : 1980, vol. 10, no3 [pp. 371-386]

Bibliographic references : 17 réf.

Language

Anglais

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