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Full-Text Articles in Social and Behavioral Sciences
Residential Electricity Consumption In Las Cruces, New Mexico, Usa, Thomas M. Fullerton Jr., Felipe F. Mejía
Residential Electricity Consumption In Las Cruces, New Mexico, Usa, Thomas M. Fullerton Jr., Felipe F. Mejía
Departmental Papers (E & F)
This study examines how residential electricity consumption (KWHC) reacts to changes in the price of electricity, the price of natural gas, real income per capita, heating degree days, and cooling degree days. Annual frequency data analyzed are for Las Cruces, the second largest metropolitan economy in New Mexico. The sample period is 1977 to 2016. An Autoregressive-Distributed Lag model (ARDL) is employed to obtain long-run and short-run elasticities. In the long-run, residential consumption does not respond in a statistically reliable manner to any of the explanatory variables. All of the coefficient signs are as expected and those for real per …
Empirical Mysteries Of The 2016-17 Nba Regular Season, Thomas M. Fullerton Jr., James H. Holcomb, Michael L. Jaeger
Empirical Mysteries Of The 2016-17 Nba Regular Season, Thomas M. Fullerton Jr., James H. Holcomb, Michael L. Jaeger
Departmental Papers (E & F)
This study examines the on-court performance of the thirty National Basketball Association (NBA) teams during the 2016-17 NBA basketball season. Cross sectional data are employed to analyze wins for the 2016-17 NBA basketball season. Although the results are inconclusive, there is one notable outcome in the form of a negative correlation between team payrolls and victories. Field goal percentage is, similarly, also reliably associated with team wins. In general, the outcomes obtained stand in contrast to those reported in prior analyses conducted for major League Baseball and the National Football League. Replication of this study for the 437 teams in …
Regional Household Economic Stress And Retail Sales Fluctuations, Thomas M. Fullerton Jr., Ana P. Gutierrez-Zubiate
Regional Household Economic Stress And Retail Sales Fluctuations, Thomas M. Fullerton Jr., Ana P. Gutierrez-Zubiate
Departmental Papers (E & F)
Economic stress indices are used to monitor business cycle conditions in several regions.Although the deployment of these tools is spreading, there have been relatively few efforts to empirically assess the performance of these gauges, especially at the regional level.This study takes advantage of one such index that is published monthly and has more than 15 years of historical data.Results obtained confirm an inverse relationship between household economic duress and retail sales activity, but it is not found to be statistically reliable over the long-run.Deviations from equilibrium are found to last for 142 months.More relevantly, a 1-point increase in the index …