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policy makers and others to the use of various techniques of demand management, including requirements for the adoption of …, this paper draws upon a newly available set of detailed data to estimate econometrically the demand function for household …
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modern fuels drive all of the growth in domestic energy demand. Second, at the highest income levels, income elasticity … starts to decrease, leading to concavity in energy consumption. That is, the income elasticity of residential energy demand … energy consumption shows satiation and net savings effects, potentially implying that energy demand does not grow forever. …
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This paper uses a sectoral version of conventional Imperfect substitutes model to motivate a parsimonious estimation of trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors, which is believed to add econometric precision to our estimates....
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We examine the competitive effects of the vertical integration of gasoline refineries and retailers in the U …. Vertical foreclosure is found to increase the wholesale price of refined gasoline by 0.2 to 0.6 cents per gallon. -- vertical …
Persistent link: https://www.econbiz.de/10001729426
We study residential demand for electricity and gas, working with nationwide household-level data that cover recent … longitudinal component (up to 6 observations per dwelling). We estimate static and dynamic models of electricity and gas demand. We … of the own price elasticity of electricity demand in the -0.860 to -0.667 range, while the own price elasticity of gas …
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