The Comparison of Price and Income Elasticities of Mid-South States Residential Electricity Demand in the United States

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Sontachai Suwanakul
Xueyu Cheng
Ramamohana Rao Guttikonda
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The objective of this study is to estimate the short-run price and income elasticities of mid-south states residential electricity demand. The empirical findings are compared with Halvorsen’s study. The estimated price and income elasticity in our study are markedly higher. This difference could be partially explained by the fact that we estimate the electricity demand in different markets and different time periods.
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