Abstract

Short-and long-run residential electricity demand elasticities were estimated for the period of 1950 -1951. Short-run elasticities were estimated by error-correction model while long-run elasticities were estimated by co-integration regression. It was determined taht in Turkey residential short-and long-run own-price elasticities are -0.11 and -0.33,respectively. Similar results were found for income. The estimated short-and long-runineome elasticities are O .30 and O .79, respectively.

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