Estimating Electricity Demand
The Cost of Linearising the Budget Constraint
Bibliographic Data
| ID | 19320097 |
|---|---|
| Authors | Rodney Maddock, Elkin Castaño, Frank Vella |
| Year | 1992 |
| Volume | 74 |
| Issue | 2 |
| Pages | 350 |
| Publication date | 1992-05-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Review of Economics and Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0034-6535 • E-ISSN: 1530-9142 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2109670 |
| OpenAlex | W1991956115 |
| Language | EN |
| Citations received | 4 |
This paper derives elasticity estimates for the electricity demand of a cross section of residential customers in Medellin, Colombia, where prices follow a rising block scheme. It contrasts methods following Jerry Hausman (1979, 1985) with those based on Harvey Rosen (1976). To resolve the difference between the results produced by the two methods, it uses a generalized selectivity bias corrections method due to Frank Vella (1990). Copyright 1992 by MIT Press
Budget constraint · Constraint (computer-aided design) · Econometrics · Economics · Mathematical optimization · Microeconomics · Computer Science · Mathematics · Smart Grid Energy Management
| Citations per year | 0.13 |
|---|---|
| Citation span | 1996 - 2017 (22) |
| Highly cited | No |