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What people do when they say they are conserving electricity

机译：人们说自己在节电时会做什么

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摘要

Econometric practitioners must always make the case that existing data may be used to forecast future responses to price changes. In residential electricity markets this means providing assurances that either territories with different prices are similar enough to be used as a guide, or that households are still able to react to price changes with the same conservation measures they have in the past. This article presents the results of a conservation behavior survey conducted both concurrent with and immediately after the last California electricity crisis in 2000-2001. The survey used open-ended questions that provide some assurance that there are still conservation behaviors that may be performed, as well as raw data that may be used to construct new closed-ended questions. The prevalence of conservation behaviors is modeled with a forgetfulness process, necessary when using data from open-ended questions, and implemented with a generalized method of moments (GMM) estimator.
机译：计量经济学从业人员必须始终证明现有数据可用于预测未来对价格变化的反应。在居民用电市场中，这意味着要保证价格不同的地区足够相似，可以用作指导，或者家庭仍然能够以与过去相同的保护措施对价格变化做出反应。本文介绍了在2000年至2001年上一次加州电力危机期间以及紧接其后进行的保护行为调查的结果。该调查使用了不限成员名额的问题，这些问题可以确保仍然可以执行保护行为，以及可以用于构建新的不限成员名额的问题的原始数据。守恒行为的普遍性是通过健忘过程建模的，在使用开放式问题的数据时，这是必需的，并使用广义矩量（GMM）估计器来实现。

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