Income Elasticity of Electricity Demand: A Meta-Analysis
| Author: | Bc. Marek Hauzr |
|---|---|
| Year: | 2014 - summer |
| Leaders: | prof. PhDr. Tomáš Havránek Ph.D. |
| Consultants: | |
| Work type: | Bachelors |
| Language: | English |
| Pages: | 66 |
| Awards and prizes: | B.A. with distinction from the Dean of the Faculty of Social Sciences for an extraordinarily good bachelors diploma thesis. |
| Link: | https://is.cuni.cz/webapps/zzp/detail/118751/ |
| Abstract: | In this thesis we look over the previous studies on income elasticity of electricity demand and on previous meta-analysis on the topic. We outline the meta-analytical tools and we carry out the MRA itself. We show the presence of publication bias and that the elasticity's true effect is lower than commonly thought, from 8 times less than the mean estimate in short-run to 2 times less than the mean estimate in long-run. To our knowledge this thesis is the first meta-analysis on this topic that takes publication bias into account. |
