Energy consumption and fuel choice by residential and commercial consumers in the United States

Technical Report · Tue May 20 04:00:00 EDT 1975

OSTI ID:7324217

Baughman, M L; Joskow, P L

This report covers the conceptual design and estimation results of models for total demand and aggregate fuel choice decisions in the residential and commercial sector. The model used to explain total demand for energy in the residential and commercial sector is a simple flow adjustment model. The long run price and income elasticities of demand in this sector were estimated. A set of simulations were performed using alternative scenarios about the evolution of future prices. (GRA)

• Research Organization: Massachusetts Inst. of Tech., Cambridge (USA). Energy Lab.
• OSTI ID: 7324217
• Report Number(s): PB-253764; MIT-EL-75-024
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
320104 -- Energy Conservation
Consumption
& Utilization-- Commercial & Industrial Buildings-- (-1987)
COMMERCIAL SECTOR
COST
DEMAND FACTORS
ECONOMETRICS
ECONOMICS
ENERGY CONSUMPTION
ENERGY SUPPLIES
FUEL CONSUMPTION
MATHEMATICAL MODELS
RESIDENTIAL SECTOR