TY - JOUR

T1 - Electricity demand elasticity and regional effects

T2 - Spatial econometric approach

AU - Gaivoronskaia, Elizaveta

N1 - Publisher Copyright: © 2020 Sinergia Press. All rights reserved. Copyright: Copyright 2021 Elsevier B.V., All rights reserved.

PY - 2020

Y1 - 2020

N2 - This paper presents an empirical analysis of residential electricity demand in the regions of Russia. The purpose of the study is to estimate regional electricity demand considering the existence of spatial effects. Spatial econometrics models are estimated for 78 regions of Russia for the period 2005-2017. The results show that demand depends not only on factors that stressed out in the theory of consumer choice, but also there are spatial spillovers. Furthermore, the results show absence of income elasticity, but rather high price elasticity compared to other countries.

AB - This paper presents an empirical analysis of residential electricity demand in the regions of Russia. The purpose of the study is to estimate regional electricity demand considering the existence of spatial effects. Spatial econometrics models are estimated for 78 regions of Russia for the period 2005-2017. The results show that demand depends not only on factors that stressed out in the theory of consumer choice, but also there are spatial spillovers. Furthermore, the results show absence of income elasticity, but rather high price elasticity compared to other countries.

KW - Demand estimation

KW - Electricity market

KW - Russian regions

KW - Spatial econometrics

UR - http://www.scopus.com/inward/record.url?scp=85091933833&partnerID=8YFLogxK

U2 - 10.22394/1993-7601-2020-58-76-95

DO - 10.22394/1993-7601-2020-58-76-95

M3 - Article

AN - SCOPUS:85091933833

VL - 58

SP - 76

EP - 95

JO - Applied Econometrics

JF - Applied Econometrics

SN - 1993-7601

ER -