气候变化领域集成服务门户(CCPortal): Elasticities of residential electricity demand in China under increasing-block pricing constraint: New estimation using household survey data

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DOI	10.1016/j.enpol.2021.112440
	Elasticities of residential electricity demand in China under increasing-block pricing constraint: New estimation using household survey data
	Jia J.-J.; Guo J.; Wei C.
发表日期	2021
ISSN	03014215
卷号	156
英文摘要	China has implemented the residential increasing-block electricity pricing (IBEP) policy since the second half of 2012, which is considered the most effective economic instrument in improving residential energy efficiency. Price and income elasticity are two fundamental parameters to guide both scholars and policy-makers in assessing whether and to what extend Chinese households respond to the policy. However, it presents the challenge of simultaneous determination of marginal price and electricity consumption; further, it is less examined from an empirical perspective due to the absence of micro-level data. To fill this gap, this study estimates price and income elasticity by establishing two instrumental variables, based on a unique dataset from the Chinese Residential Energy Consumption Survey 2014. Results show that the residential demand for electricity is price inelastic and that electricity is an essential commodity for households in the short run. It also shows great urban-rural disparity and regional heterogeneity of household electricity consumption behavior regarding short-run income elasticity. The estimated parameters of short-run price and income elasticities provide a valuable reference for policy-making regarding both a nationwide uniform and a differential regional perspective. © 2021 Elsevier Ltd
关键词	Income elasticity Increasing-block pricing policy Instrumental variables Price elasticity Residential electricity consumption
英文关键词	Cost estimating; Decision making; Electric power utilization; Energy efficiency; Housing; Surveys; Block pricing; Household surveys; Income elasticities; Increasing-block pricing policy; Instrumental variables; Price-elasticity; Residential electricity consumption; Residential Electricity demands; Short runs; Survey data; Elasticity; consumption behavior; demand elasticity; demand-side management; energy efficiency; estimation method; household survey; income distribution; policy making; price dynamics; residential energy; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205170
作者单位	School of Economics, Hefei University of Technology, Anhui, China; Academy of Macroeconomic Research, National Development and Reform Commission, Beijing, China; School of Applied Economics, Renmin University of China, Beijing, China
推荐引用方式 GB/T 7714	Jia J.-J.,Guo J.,Wei C.. Elasticities of residential electricity demand in China under increasing-block pricing constraint: New estimation using household survey data[J],2021,156.
APA	Jia J.-J.,Guo J.,&Wei C..(2021).Elasticities of residential electricity demand in China under increasing-block pricing constraint: New estimation using household survey data.Energy Policy,156.
MLA	Jia J.-J.,et al."Elasticities of residential electricity demand in China under increasing-block pricing constraint: New estimation using household survey data".Energy Policy 156(2021).