Estimating the Short-term Price Elasticity of Residential Electricity Demand in Iran

Table 6

Descriptive statistics of variables.

Variable names	Logarithm of monthly electricity consumption (kWh)	Logarithm of average electricity price (Rial/kWh)
Mean	3.87	5.12
Mid	3.88	5.34
Maximum	7.17	7.39
Minimum	−2.99	2.59
Std. Dev	0.69	1.09
Observations	15906	15906