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来源类型 | Working Paper |
规范类型 | 论文 |
A Partial Adjustment Model of U.S. Electricity Demandby Region, Season, and Sector | |
Erica Myers; Karen L. Palmer; Anthony Paul | |
发表日期 | 2009-04-01 |
出版年 | 2009 |
页码 | DP 08-50 |
语种 | 英语 |
摘要 | Identifying the factors that influence electricity demand in the continental United States and mathematically characterizing them are important for developing electricity consumption projections. The price elasticity of demand is especially important, since the electricity price effects of policy implementation can be substantial and the demand response to policy-induced changes in prices can significantly affect the cost of policy compliance. This paper estimates electricity demand functions with particular attention paid to the demand stickiness that is imposed by the capital-intensive nature of electricity consumption and to regional, seasonal, and sectoral variation. The analysis uses a partial adjustment model of electricity demand that is estimated in a fixed-effects OLS framework. This model formulation allows for the price elasticity to be expressed in both its short-run and long-run forms. Price elasticities are found to be broadly consistent with the existing literature, but with important regional, seasonal, and sectoral differences. |
主题 | Energy and Electricity |
子主题 | Electricity Markets and Regulation |
URL | http://www.rff.org/research/publications/partial-adjustment-model-us-electricity-demandby-region-season-and-sector |
来源智库 | Resources for the Future (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/40989 |
推荐引用方式 GB/T 7714 | Erica Myers,Karen L. Palmer,Anthony Paul. A Partial Adjustment Model of U.S. Electricity Demandby Region, Season, and Sector. 2009. |
条目包含的文件 | 条目无相关文件。 |
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