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The Short-Run Residential Demand for Natural Gas

Abstract:
Effective and efficient energy conservation policy requires accurate and comprehensive estimates of residential energy demand pa-rameters. These parameter estimates are among the most important inputs into informed policy decisions. In turn, accurate estimation of energy demand parameters requires realistic modeling of the consumer's demand behavior, detailed information on energy consumption, and careful treatment of any econometric problems created by the model and data base.

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Energy Specializations: Natural Gas – Markets and Prices; Natural Gas – Policy and Regulation

JEL Codes:
L13 - Oligopoly and Other Imperfect Markets
E60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Keywords: Natural gas, Residential gas demand

DOI: 10.5547/ISSN0195-6574-EJ-Vol3-No1-3


Published in Volume 3, Number 1 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.