Fig. 3From: The effect of an electricity tax on aggregate electricity consumption: evidence from BaselMain results. Notes: Panel A shows the observed and the hypothetical electricity consumption in Basel, Panel B shows the difference between the observed and the hypothetical electricity consumption. (i), (ii), and (iii) refer to three different specifications. The variables to be approximated are all pre-tax electricity consumption levels in specification (i), the average pre-tax electricity consumption and the determinants of electricity consumption in specification (ii), and the determinants only in specification (iii)Back to article page