Abstract

ORTIZ-VELAZQUEZ, Jorge Alberto; BUENO, Graciela  and  ARANA-CORONADO, José Jaime. Analysis of the residential electricity demand in the State of Mexico. Econ. soc. territ [online]. 2017, vol.17, n.53, pp.199-223. ISSN 2448-6183.  https://doi.org/10.22136/est002017644.

Based on the energy reform of 2013, this paper presents a residential electricity demand analysis for the State of Mexico. Methods such as Johansen co-integration and Vector error correction are used. It was concluded that the benefits the energy reform intends to obtain by decreasing the average price of electricity will be higher when prices of water service and durable goods decrease or these remain constant. In the long run, an increase per capita income and of number of electricity consumers will multiply the demand for electricity.

Keywords : electricity demand; energy reform; co-integration; vector error correction; elasticity.