Price freezes, durables, and residential electricity demand. Evidence from Greater Buenos Aires

Ariel A. Casarin; Maria Eugenia Delfino

doi:10.1016/j.eneco.2011.01.014

Price freezes, durables, and residential electricity demand. Evidence from Greater Buenos Aires

Ariel A. Casarin^*, Maria Eugenia Delfino

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

6 Scopus citations

Abstract

This paper examines the determinants of residential electricity demand in Greater Buenos Aires between 1997 and 2006. During the second half of this period, residential electricity tariffs remained nominally fixed, while rising incomes increased sales of durables. Our study is one of few that use monthly data to examine the contribution of prices to residential consumption growth, and it appears to be the first time-series study to explicitly consider the impact of air conditioners on residential demand. Results indicate that durables have an impact on residential electricity demand. Simulations illustrate how prices, income, and durables impact future demand.

Original language	English
Pages (from-to)	859-869
Number of pages	11
Journal	Energy Economics
Volume	33
Issue number	5
DOIs	https://doi.org/10.1016/j.eneco.2011.01.014
State	Published - Sep 2011
Externally published	Yes

Keywords

Durable goods
Error correction models
Residential electricity
Short- and long-run elasticities

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10.1016/j.eneco.2011.01.014

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abstract = "This paper examines the determinants of residential electricity demand in Greater Buenos Aires between 1997 and 2006. During the second half of this period, residential electricity tariffs remained nominally fixed, while rising incomes increased sales of durables. Our study is one of few that use monthly data to examine the contribution of prices to residential consumption growth, and it appears to be the first time-series study to explicitly consider the impact of air conditioners on residential demand. Results indicate that durables have an impact on residential electricity demand. Simulations illustrate how prices, income, and durables impact future demand.",

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AB - This paper examines the determinants of residential electricity demand in Greater Buenos Aires between 1997 and 2006. During the second half of this period, residential electricity tariffs remained nominally fixed, while rising incomes increased sales of durables. Our study is one of few that use monthly data to examine the contribution of prices to residential consumption growth, and it appears to be the first time-series study to explicitly consider the impact of air conditioners on residential demand. Results indicate that durables have an impact on residential electricity demand. Simulations illustrate how prices, income, and durables impact future demand.

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KW - Error correction models

KW - Residential electricity

KW - Short- and long-run elasticities

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JO - Energy Economics

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ER -

Price freezes, durables, and residential electricity demand. Evidence from Greater Buenos Aires

Abstract

Keywords

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