Does energy consumption respond to price shocks ? evidence from a regression-discontinuity design (English)

This paper exploits unique features of a recently introduced tariff schedule for natural gas in Buenos Aires to estimate the short-run impact of price shocks on residential energy utilization. The schedule induces a nonlinear and non-monotonic relationship between households' accumulated consumption and unit prices, thus generating exogenous price variation, which is exploited in a regression-discontinuity design. The results reveal that a price increase...

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Author

Bastos,Paulo S. R.;

Castro,Lucio;

Cristia, Julian;

Scartascini, Carlos;
Document Date
2014/02/01
Document Type
Policy Research Working Paper
Report Number
WPS6785
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2014/02/01
Disclosure Status
Disclosed
Doc Name
Does energy consumption respond to price shocks ? evidence from a regression-discontinuity design
Keywords
consumption

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Citation

Bastos,Paulo S. R.; Castro,Lucio; Cristia, Julian; Scartascini, Carlos.

Does energy consumption respond to price shocks ? evidence from a regression-discontinuity design (English). Impact Evaluation series ; no. IE 116|Policy Research working paper ; no. WPS 6785 Washington, DC: World Bank Group. http://documents.worldbank.org/curated/en/265831468338500840

Does energy consumption respond to price shocks ? evidence from a regression-discontinuity design (English)

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