Single own-price elasticity of the paper; headline price result || 'Small magnitude of price (-0.013) elasticity is expectable, because as mentioned earlier, electricity price is centrally regulated and subsidized.' (p.9)
Mikayilov, J., Hasanov, F., Bollino, C., & Mahmudlu, C. (2017): "Modeling of Electricity Demand for Azerbaijan: Time-Varying Coefficient Cointegration Approach." Energies, 10(11), 1918.