Physical Sciences and Mathematics Commons^™

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.