Structural changes in residential energy demand

  • Dunstan R
  • Schmidt R
  • 5


    Mendeley users who have this article in their library.
  • 8


    Citations of this article.


Residential energy consumers in the USA faced several demand shocks in the 1970s and 1980s. These included price rises engineered by the Organization of Petroleum Exporting Countries, natural gas curtailments, shortages of petroleum products and deregulation of energy markets. One result of these events has been structural change in the demand for electricity and petroleum by residential consumers. Demand functions are now more responsive to price changes and consumers react more quickly in adjusting their capital stocks to new levels. © 1988.

Author-supplied keywords

  • Econometric models
  • Price elasticity
  • Residential energy demand

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document


  • Roger H. Dunstan

  • Ronald H. Schmidt

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free