Table 4 Short-run energy demand estimation results
(M1) | (M2) | (M3) | |
|---|---|---|---|
With efficiency | Without household variable | Without efficiency | |
Own effects | |||
Baking oven(wood) | −1.43e-5*** (−3.77) | −1.75e-6*** (−13.42) | −8.73e-6** (−2.71) |
Cooking stove (charcoal) | −5.19e-6*** (−3.75) | −1.97e-7*** (−14.82) | −6.30e-7*** (−4.44) |
Electric baking | −2.81e-10 (−1.64) | 2.47e-11*** (3.30) | −2.05e-10 (−1.60) |
Electric cooking | −4.55e-08 (−1.91) | −1.65e-09** (−2.63) | −4.00e-08 (−1.68) |
N | 2224 | 2224 | 2224 |
R2 Numeraire | 0.80 | 0.73 | 0.81 |
R2 Charcoal | 0.22 | 0.20 | 0.22 |
R2 Firewood | 0.13 | 0.11 | 0.13 |
R2 Electricity | 0.12 | 0.09 | 0.12 |
Log Likelihood | 8971.17 | 8970.89 | 7571.831 |