The DOI matches its Crossref record; 15 of the 15 references it cites were found in a registry or an index.
The Demand for Electricity: A Survey
Abstract
This paper presents a survey and critique of the econometric literature on the demand for electricity. Most of the focus is on residential demand, but the few studies analyzing commercial and industrial demand are also reviewed. Special attention is given to the singular features of electricity demand, the fact that electricity is purchased according to multipart decreasing block tariffs, the need to distinguish between demand in the short run and demand in the long run, etc. In particular it is noted that proper modeling of decreasing block tariffs requires inclusion of both a marginal and average price as predictors in the demand function. The paper concludes with some suggestions for future research.
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Cites
An Analysis of Transformations
Box, G. E. P., & Cox, D. R. (1964) · Journal of the Royal Statistical Society Series B: Statistical Methodology · doi:10.1111/j.2517-6161.1964.tb00553.x · Cited by 15,052
Transcendental Logarithmic Utility Functions
Jorgenson, D. W., Christensen, L. R., & Lau, L. J. (1975) · American Economic Review · Cited by 1,024
Balestra, P., & Nerlove, M. (1966) · Econometrica · doi:10.2307/1909771 · Cited by 1,005
A Disneyland Dilemma: Two-Part Tariffs for a Mickey Mouse Monopoly
Oi, W. Y. (1971) · The Quarterly Journal of Economics · doi:10.2307/1881841 · Cited by 588
An Introduction to Bayesian Inference in Econometrics
Good, I. J. (1975) · Technometrics · doi:10.1080/00401706.1975.10489285 · Cited by 501
Peak Loads and Efficient Pricing
Steiner, P. O. (1957) · The Quarterly Journal of Economics · doi:10.2307/1885712 · Cited by 432
Dynamic Demand Analyses for Gasoline and Residential Electricity
Houthakker, H. S., Verleger, P. K., & Sheehan, D. P. (1974) · American Journal of Agricultural Economics · doi:10.2307/1238776 · Cited by 259
Functional Form in the Demand for Money
Zarembka, P. (1968) · Journal of the American Statistical Association · doi:10.1080/01621459.1968.11009269 · Cited by 185
Systems of Demand Equations: An Empirical Comparison of Alternative Functional Forms
Parks, R. W. (1969) · Econometrica · doi:10.2307/1910439 · Cited by 163
The S-Branch Utility Tree: A Generalization of the Linear Expenditure System
Brown, M., & Heien, D. (1972) · Econometrica · doi:10.2307/1912967 · Cited by 161
Cited by
Distribution of the Estimators for Autoregressive Time Series with a Unit Root
Dickey, D. A., & Fuller, W. A. (1979) · Journal of the American Statistical Association · doi:10.1080/01621459.1979.10482531 · Cited by 23,211
A meta-analysis on the price elasticity of energy demand
Labandeira, X., Labeaga, J. M., & López-Otero, X. (2017) · Energy Policy · doi:10.1016/j.enpol.2017.01.002 · Cited by 590
Residential electricity demand in Taiwan
Holtedahl, P., & Joutz, F. L. (2004) · Energy Economics · doi:10.1016/j.eneco.2003.11.001 · Cited by 384
Turning on the Lights: A Meta-Analysis of Residential Electricity Demand Elasticities
Espey, J. A., & Espey, M. (2004) · Journal of Agricultural and Applied Economics · doi:10.1017/s1074070800021866 · Cited by 362
To Pool or Not to Pool: Homogeneous Versus Heterogeneous Estimators Applied to Cigarette Demand
Baltagi, B. H., Griffin, J. M., & Xiong, W. (2000) · Review of Economics and Statistics · doi:10.1162/003465300558551 · Cited by 331
Metadata
- Authors
- Taylor, L. D.
- Venue
- The Bell Journal of Economics
- Publisher
- JSTOR
- Published
- 1975
- Volume
- 6
- Issue
- 1
- Pages
- 74
- ISSN
- 0361-915X (ISSN-L)
- OpenAlex
- W1539984575
- Cited by
- 709
- References
- 15
- FWCI
- 20.98
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.