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Full-Text Articles in Social and Behavioral Sciences
Small Firm Electricity Demand In Las Cruces: 1978-2018, Thomas M. Fullerton Jr., Daniel J. Pastor, Michael Pokojovy, Andrew T. Yurachek
Small Firm Electricity Demand In Las Cruces: 1978-2018, Thomas M. Fullerton Jr., Daniel J. Pastor, Michael Pokojovy, Andrew T. Yurachek
Border Region Modeling Project
Research examining small commercial and industrial electricity usage patterns have historically received less attention than residential electricity consumption patterns. This study examines electricity as an input to small firm commercial and industrial (CIS) production in Las Cruces, the second largest metropolitan economy in the state of New Mexico, using annual frequency data from 1978 to 2018. Those data include labor, per capita personal income, price measures for electricity and natural gas, and weather variables. The long-run and short-run elasticities of the data are then estimated using an autoregressive distributed lag model (ARDL). In the long-run, the CIS derived-demand curve is …