Author's preferred estimation method is the two-step system GMM dynamic model; abstract headline monthly LR/SR elasticity averages (-0.84/-0.68) and annual (-0.15/-0.09) come from these dynamic IV models. || 'The two-step GMM mitigates these issues, making it our preferred estimation method.' (p.4); 'our average monthly long-run (short-run) elasticity of -0.84 (-0.68)... average annual elasticity of -0.15 (-0.09).' (Abstract)
Mamkhezri, J. (2025): "Assessing price elasticity in US residential electricity consumption: A comparison of monthly and annual data with recession implications." Energy Policy, 200, 114537.