000			01140nam a2200169 4500
999			_c513642 _d513642
008			200317b ||||| |||| 00| 0 eng d
100			_aDeryugina, Tatyana _918419
245			_aThe long-run dynamics of electricity demand: Evidence from municipal aggregation
260			_bAmerican Economic Journal: Applied Economics
300			_a12(1), Jan, 2020: p.86-114.
520			_aWe study the dynamics of residential electricity demand by exploiting a natural experiment that produced large and long-lasting price changes in over 250 Illinois communities. Using a flexible difference-in-difference matching approach, we estimate that the price elasticity of demand grows from −0.09 in the first six months to −0.27 two years later. We find similar results with a dynamic model in which usage is a function of past and future prices. Our findings highlight the importance of accounting for consumption dynamics when evaluating energy policy. - Reproduced
700			_aMacKay, Alexander _916869
700			_aReif, Julian _916870
773			_aAmerican Economic Journal: Applied Economics
906			_aElectricity
942			_2ddc _cAR