Swiss residential demand for electricity
A residential demand for electricity is estimated using aggregate data at a city level for 40 Swiss cities over the period 1987 to 1990. For this purpose, a log linear stochastic equation for electricity consumption was estimated. The empirical analysis has highlighted some of the characteristics of the Swiss residential electricity market. The price elasticity was estimated to be -0.30, which shows a moderate responsiveness of electricity consumption to changes in prices. This result indicates a price-inelastic demand for electricity with a lower price elasticity than those reported in previous studies. From an energy policy point of view this result implies that there is little room for discouraging residential electricity consumption using price increases.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 6 (1999)
Issue (Month): 8 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RAEL20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RAEL20|
When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:6:y:1999:i:8:p:533-538. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.