Consumption patterns for electricity

Wallace Hendricks, Roger Koenker, Robert Podlasek

Research output: Contribution to journalArticle

Abstract

A substantial body of literature in economics has focused on appropriate pricing under conditions in which demand varies through time and the product supplied cannot be stored. However, only limited attention has been paid to modeling or estimating consumer demand under these conditions. This paper deals with these issues in the context of the demand for electricity. A periodic cubic spline formulation is presented which bridges the gap between econometric and pure time series methods of estimating the path of demand through time.

Original languageEnglish (US)
Pages (from-to)135-153
Number of pages19
JournalJournal of Econometrics
Volume5
Issue number2
DOIs
StatePublished - Mar 1977

Fingerprint

Electricity
Cubic Spline
Econometrics
Pricing
Time series
Vary
Economics
Path
Demand
Consumption patterns
Formulation
Modeling

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Hendricks, W., Koenker, R., & Podlasek, R. (1977). Consumption patterns for electricity. Journal of Econometrics, 5(2), 135-153. https://doi.org/10.1016/0304-4076(77)90020-3

Consumption patterns for electricity. / Hendricks, Wallace; Koenker, Roger; Podlasek, Robert.

In: Journal of Econometrics, Vol. 5, No. 2, 03.1977, p. 135-153.

Research output: Contribution to journalArticle

Hendricks, W, Koenker, R & Podlasek, R 1977, 'Consumption patterns for electricity', Journal of Econometrics, vol. 5, no. 2, pp. 135-153. https://doi.org/10.1016/0304-4076(77)90020-3
Hendricks, Wallace ; Koenker, Roger ; Podlasek, Robert. / Consumption patterns for electricity. In: Journal of Econometrics. 1977 ; Vol. 5, No. 2. pp. 135-153.
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