| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w9986 |
| 来源ID | Working Paper 9986 |
| Demand and Pricing in Electricity Markets: Evidence from San Diego During California's Energy Crisis | |
| Peter C. Reiss; Matthew W. White | |
| 发表日期 | 2003-09-29 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We study the electricity consumption of San Diego-area households following a series of price changes and related events during California's energy crisis in 2000-01. The analysis uses a five-year panel of disaggregate billing and weather data for a random sample of 70,000 households. In contrast to prior work, these data allow us to proceed without behavioral assumptions regarding a consumer's knowledge of energy prices. We find that after a rapid price increase in summer 2000, consumption fell substantially over about 60 days, averaging 12% per household; consumption then rebounded to within 3% of pre-crisis levels after a price cap was imposed. Under the price cap public appeals for energy conservation and a remunerative voluntary conservation program had significant, but transitory, effects. Further, a large share of households reduced electricity consumption substantially (over 10%) but saved small monetary amounts ($10 or less). Overall, the results indicate consumers may be far more responsive to pecuniary and non-pecuniary incentives for altering their energy use than is commonly believed. |
| 主题 | Microeconomics ; Households and Firms ; Industrial Organization ; Regulatory Economics |
| URL | https://www.nber.org/papers/w9986 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567616 |
| 推荐引用方式 GB/T 7714 | Peter C. Reiss,Matthew W. White. Demand and Pricing in Electricity Markets: Evidence from San Diego During California's Energy Crisis. 2003. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w9986.pdf（2687KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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