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of the own price elasticity of electricity demand in the -0.860 to -0.667 range, while the own price elasticity of gas … electric and gas heat. The price elasticity of electricity demand declines with income, but the magnitude of this effect is … for policies which affect energy price than may have been previously appreciated. -- Residential Electricity and Gas …
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Understanding how energy use evolves at different stages of development is essential for reliable prospective analysis and planning. With that aim in mind, this paper examines the composition of residential energy consumption and its sensitivity to income changes, distinguishing fuel types and...
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