A residential energy demand system for Spain

A residential energy demand system for Spain Labandeira Villot, Xavier; Labeaga, José María; Rodriguez, Miguel A. Sharp price fluctuations and increasing environmental and distributional concerns, among other issues, have led to a renewed academic interest in energy demand. In this paper we estimate, for the first time in Spain, an energy demand system with household microdata. In doing so, we tackle several econometric and data problems that are generally recognized to bias parameter estimates.