Turning on the Lights: A Meta-Analysis of Residential Electricity Demand Elasticities

Meta-analysis us used to quantitatively summarize previous studies of residential electricity demand to determine if there are factors that systematically affect estimated elasticities. In this study, price and income elasticities of residential demand for electricity from previous studies are used as the dependent variables, with data characteristics, model structure, and estimation technique as independent variables, using both least square estimation of a semilog and maximum likelihood estimation of a gamma model. The findings of this research can help better inform public policy makers, regulators, and utilities about the responsiveness of residential electricity consumers to price and income changes.


Issue Date:
2004-04
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/42897
PURL Identifier:
http://purl.umn.edu/42897
Published in:
Journal of Agricultural and Applied Economics, 36, 1
Page range:
65-81
Total Pages:
17
JEL Codes:
Q40; Q41; D12




 Record created 2017-04-01, last modified 2020-10-28

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