dc.contributor.author | LABANDEIRA, Xavier | |
dc.contributor.author | LABEAGA, Jose Maria | |
dc.contributor.author | LÓPEZ-OTERO, Xiral | |
dc.date.accessioned | 2016-04-21T14:38:51Z | |
dc.date.available | 2016-04-21T14:38:51Z | |
dc.date.issued | 2016 | |
dc.identifier.issn | 1028-3625 | |
dc.identifier.uri | https://hdl.handle.net/1814/40870 | |
dc.description.abstract | Price elasticities of energy demand have become increasingly relevant in estimating the socio-economic and environmental effects of energy policies or of other events with influence on the prices of energy goods. Since the 1970s a large number of academic papers have provided both short and long-term price elasticity estimates for different countries by using several models, data and estimation techniques. Yet the literature offers a rather wide range of estimates for the price elasticities of demand for energy. This paper quantitatively summarizes the recent, but still sizeable, empirical evidence on this matter to facilitate a sounder economic assessment of energy price changes. It does so by using meta-analysis to identify the main factors affecting the elasticity results, both short and long term, for energy in general as well as for specific products: electricity, natural gas, gasoline, diesel and heating oil. | en |
dc.format.mimetype | application/pdf | en |
dc.language.iso | en | en |
dc.relation.ispartofseries | EUI RSCAS | en |
dc.relation.ispartofseries | 2016/25 | en |
dc.relation.ispartofseries | Florence School of Regulation | en |
dc.relation.ispartofseries | Climate | en |
dc.rights | info:eu-repo/semantics/openAccess | en |
dc.subject | Short-term | en |
dc.subject | Long-term | en |
dc.subject | Electricity | en |
dc.subject | Gas | en |
dc.subject | Gasoline | en |
dc.subject | C13 | en |
dc.subject | C83 | en |
dc.subject | Q41 | en |
dc.title | A meta-analysis on the price elasticity of energy demand | en |
dc.type | Working Paper | en |
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