@article{Gautam:230114,
      recid = {230114},
      author = {Gautam, Tej and Paudel, Krishna},
      title = {THE DEMAND FOR ELECTRICITY AND NATURAL GAS IN THE  NORTHEASTERN UNITED STATES},
      address = {2016},
      number = {1376-2016-109792},
      pages = {30},
      year = {2016},
      note = {Paper removed at author's request.},
      abstract = {This paper examines the demand for natural gas and  electricity in residential, commercial and industrial  sectors of the Northeastern United States comprising seven  states using annual state-level panel data over the period  between 1997and 2011. It applies panel unit root and  cointegration tests and then estimates the parameters using  four alternative estimators: dynamic fixed effect (DFE),  mean group (MG), pooled mean group (PMG) and Common  correlated effect mean group (CCEMG).  PMG showed better  performance compared to estimators obtained from other  three models. The panel unit root and cointegration tests  show that the series are I (1) and variables are  cointegrated. The estimated results show that long-run  price elasticity for natural gas in residential, commercial  and industrial sectors are -0.05, -0.96 and -0.20; and  for  electricity they are -0.11, 0.10 and -2.07 respectively.  The corresponding long-run income elasticities are 3.05,  0.86, & 0.07 for natural gas and 0.93, 0.53 and 0.18 for  electricity, respectively. The cooling degree days (CDD)  and heating degree days (HDD) have positive effects on  demand for electricity and natural gas in all but not for  electricity in industrial sector.},
      url = {http://ageconsearch.umn.edu/record/230114},
      doi = {https://doi.org/10.22004/ag.econ.230114},
}