Abstract
We investigate the lack of general agreement concerning the determinants of energy demand and consider residential, commercial and industrial demand for electric energy. Our Halvorsen-type models permit consistent estimation of total elasticities of demand for the three sectors. The estimated own-price elasticity is above unity for the commercial demand but less than unity for the residential and industrial demands.
Original language | English |
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Pages (from-to) | 725-733 |
Number of pages | 9 |
Journal | Energy |
Volume | 17 |
Issue number | 7 |
DOIs | |
Publication status | Published - Jul 1992 |
ASJC Scopus subject areas
- Mechanical Engineering
- General Energy
- Pollution
- Energy Engineering and Power Technology
- Electrical and Electronic Engineering
- Management, Monitoring, Policy and Law
- Industrial and Manufacturing Engineering
- Building and Construction
- Fuel Technology
- Renewable Energy, Sustainability and the Environment
- Civil and Structural Engineering
- Modelling and Simulation