Regional Evidence regarding U.S. Residential Electricity Consumption

Contreras, Sergio and Smith, Wm. Doyle and Roth, Timothy P. and Fullerton, Thomas M., Jr. (2009): Regional Evidence regarding U.S. Residential Electricity Consumption. Published in: Empirical Economics Letters , Vol. 8, No. 9 : pp. 827-832.

Abstract

Regional economic, demographic, and climatic data are used to analyze residential electricity demand in the United States. Results indicate that electricity is an inferior good for households in the United States. This confirms earlier research compiled using data for less geographically extensive regional and metropolitan markets. The results imply that demographic growth may place fewer pressures on electricity generation capacity than was previously assumed.

• Item Type: MPRA Paper
• Language: English
• Keywords: Residential Electricity Demand, Regional Economics
• Subjects: Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q41 - Demand and Supply ; Prices; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R15 - Econometric and Input-Output Models ; Other Models

References

Dergiades, T. and L. Tsoulfidis, 2008, Estimating Residential Demand for Electricity in the United States, 1965-2006, Energy Economics, 30, 2722-2730.

Espey, J.A. and M. Espey, 2004, Turning on the Lights: A Meta Analysis of Residential Electricity Demand Elasticities, Journal of Agricultural & Applied Economics, 36, 65-81.

Filippini, M., 1999, Swiss Residential Demand for Electricity, Applied Economics Letters, 6, 533-538.

Halvorsen, R., 1975, Residential Demand for Electric Energy, Review of Economics and Statistics, 85, 12-18.

Holtedahl, P. and F.L. Joutz, 2004, Residential Electricity Demand in Taiwan, Energy Economics, 26, 201-224.

Kamerschen, D.R. and D.V. Porter, 2004, The Demand for Residential, Industrial, and Total Electricity, 1973-1998, Energy Economics, 26, 87-100.

Lyman, R.A., 1973, Price Elasticities in the Electric Power Industry, University of Arizona Department of Economics.

McMahon, J.E., 1987, The LBL Residential Energy Model: An Improved Policy Analysis Tool, Energy Systems and Policy, 10, 41-71.

Mount, T.D., L.D. Chapman, and T.J. Tyrrell, 1973, Electricity Demand in the United States, Oakridge National Laboratory.

Reiss, P.C., and M.W. White, 2008, What Changes Energy Consumption? Prices and Public Pressures, Rand Journal of Economics, 39, 636-663.

Roth, T.P., 1981, Average and Marginal Price Changes and the Demand for Electricity: An Econometric Study, Applied Economics, 13, 377-388.

Silk, J. and F.L. Joutz, 1997, Short and Long Run Elasticities in US Residential Electricity Demand: A Co-integration Approach, Energy Economics, 19, 493-513.

Taylor, L.D., 1975, The Demand for Electricity: A Survey, Bell Journal of Economics and Management Science, 6, 74-110.

White, H., 1980, A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity, Econometrica, 48, 817-838.