Econometric Analysis of the Residential Demand for Electricity in the Pacific Northwest.

Technical Report · Thu Jul 01 04:00:00 EDT 1982

OSTI ID:6754565

Henson, Steven E

This study is an econometric analysis of residential electricity demand in the Pacific Northwest using household-level data. It examines two sources of potential bias in ordinary least squares (OLS) estimates of residential electricity demand equations. First, if appliance-choice decisions are related to short-run utilization decisions, as theory implies, then bias may arise from endogeneity of appliance dummy variables in the equation. Second, bias may arise from endogeneity of electricity-price variables under multi-step block pricing. To examine the first question a joint model of appliance ownership and utilization is considered. To examine the second question, actual rate schedules are used to compute various price measures.

• Research Organization: Oregon Univ., Eugene (USA). Dept. of Economics
• Sponsoring Organization: United States. Bonneville Power Administration.
• DOE Contract Number: AP79-81BP26035
• OSTI ID: 6754565
• Report Number(s): DOE/BP-129; ON: DE82022071
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
BUILDINGS
Dwellings - energy consumption - Mathematical models
ECONOMETRICS
ECONOMIC ANALYSIS
ECONOMICS
FEDERAL REGION X
LEAST SQUARE FIT
MATHEMATICAL MODELS
MAXIMUM-LIKELIHOOD FIT
NORTH AMERICA
NUMERICAL SOLUTION
POWER DEMAND
RESIDENTIAL BUILDINGS
USA