Regional Evidence regarding U.S. Residential Electricity Consumption
Regional economic, demographic, and climatic data are used to analyze residential electricity demand in the United States. Results indicate that electricity is an inferior good for households in the United States. This confirms earlier research compiled using data for less geographically extensive regional and metropolitan markets. The results imply that demographic growth may place fewer pressures on electricity generation capacity than was previously assumed.
|Date of creation:||16 Sep 2009|
|Date of revision:||2009|
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