Residential Sector Demand Elasticities
(t-statistics in parentheses)
|
Energy
Source |
Own-Price Elasticity |
Total
Households Elasticity |
Lag Q |
R2 |
|
-.076 (-22.9) |
.484 (12.8) |
.542 (20.6) |
.996 |
|
|
-.086 (-27.4) |
.694 (10.2) |
.597 (28.6) |
.993 |