The Role of Electricity Market Reform and Socio-economic Conditions in Electricity Consumption in India
Mamata Parhi
A chapter in Revisiting Electricity Market Reforms, 2022, pp 185-206 from Springer
Abstract:
Abstract Does a reform in the electricity market enhance energy consumption? To what extent do the complex layers of socio-economic and demographic fabric moderate the positive externalities of reform on consumption behaviour? To answer these questions, the current study models and estimates the mediating role of the socio-economic-demographic fabric of intra- and interregional consumption patterns to elicit significantly heterogeneous electricity consumption behaviour in India’s energy market. The study also aims to offer predictive insights into the speed at which a fully reformed energy market would produce equivalent Pareto optimal welfare consequences in terms of electricity consumption. Policy implications are drawn given our empirical findings.
Keywords: Energy market reform; Consumption pattern; Socio-economic development; India; E20; K32; O12; P21; Q43 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-4266-2_8
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DOI: 10.1007/978-981-19-4266-2_8
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