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El Consumo Eléctrico Residencial en Chile en 2008

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  • Daniela Marshall

Abstract

This paper analyses the causes of the unusual drop in electricity consumption in households in Chile during 2008. Changes in income, the price of energy and the price of the substitute explain 8% of the actual drop in consumption. Over 50% of the fall is

Suggested Citation

  • Daniela Marshall, 2010. "El Consumo Eléctrico Residencial en Chile en 2008," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 47(135), pages 57-89.
  • Handle: RePEc:ioe:cuadec:v:47:y:2010:i:135:p:57-89
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    File URL: http://www.economia.uc.cl/docs/135marsa.pdf
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    References listed on IDEAS

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    1. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
    2. Matthew J. Kotchen & Laura E. Grant, 2011. "Does Daylight Saving Time Save Energy? Evidence from a Natural Experiment in Indiana," The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1172-1185, November.
    3. José Miguel Benavente & Alexander Galetovic & Ricardo Sanhueza & Pablo Serra, 2005. "Estimando la Demanda Residencial por Electricidad en Chile: El Consumo es Sensible al Precio," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 42(125), pages 31-61.
    4. H. S. Houthakker & Philip K. Verleger & Dennis P. Sheehan, 1974. "Dynamic Demand Analyses for Gasoline and Residential Electricity," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(2), pages 412-418.
    5. Stephen Bond, 2002. "Dynamic panel data models: a guide to microdata methods and practice," CeMMAP working papers CWP09/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    6. Peter C. Reiss & Matthew W. White, 2008. "What changes energy consumption? Prices and public pressures," RAND Journal of Economics, RAND Corporation, vol. 39(3), pages 636-663.
    7. Lester D. Taylor, 1975. "The Demand for Electricity: A Survey," Bell Journal of Economics, The RAND Corporation, vol. 6(1), pages 74-110, Spring.
    8. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
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    Citations

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    Cited by:

    1. Claudio Agostini & Cecilia Plottier & Eduardo Saavedra, 2009. "La Demanda Residencial por Energía Eléctrica en Chile," ILADES-Georgetown University Working Papers inv240, Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines.
    2. Claudio A Agostini & Eduardo Saavedra, 2014. "Elasticities of Residential Electricity Demand in Chile," Working Papers wp_034, Adolfo Ibáñez University, School of Government.
    3. Thomas M. Fullerton & Ericka C. Méndez-Carrillo & Adam G. Walke, 2014. "Electricity Demand in a Northern Mexico Metropolitan Economy," International Journal of Energy Economics and Policy, Econjournals, vol. 4(4), pages 495-505.

    More about this item

    Keywords

    Electricidad; regulación; paneles dinámicos;

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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