Commercial Sector Demand Elasticities
(t-statistics in parentheses)
|
Energy
Source |
Own-Price Elasticity |
Total Floorspace Elasticity |
Lag Q |
R2 |
|
-.115 (-12.8) |
.686 (15.9) |
.326 (7.17) |
.985 |
|
|
-.185 (-14.1) |
.776 (15.0) |
.283 (5.65) |
.984 |