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Residential Electricity Demand In Arkansas, Ileana M. Resendez
Residential Electricity Demand In Arkansas, Ileana M. Resendez
Open Access Theses & Dissertations
This study analyzes residential electricity demand in Arkansas. Explanatory variables utilized include real per capita income, residential electricity price, heating degree days, cooling degree days, and residential natural gas price. The results indicate that the income effect dominates the substitution effect given a real personal income increase and a decline in real electricity rates in the state of Arkansas during the period under study.