Upward Sloping Demand for a Normal Good? Residential Electricity in Arkansas

This study analyzes residential electricity demand in the state of Arkansas using an error-correction approach that examines both long-run and short-run dynamics. As in prior studies, results indicate that higher electricity prices reduce consumption in the long-run, but not in the short-run. With r...

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Bibliographic Details
Main Authors: Thomas M. Fullerton, Ileana M. Resendez, Adam G. Walke
Format: Article
Language:English
Published: EconJournals 2015-12-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijeeep/issue/31915/351038?publisher=http-www-cag-edu-tr-ilhan-ozturk