§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer if he will list the recent studies(a) undertaken, (b) commissioned and (c) reviewed by his Department that assess the elasticity of demand of domestic users of energy with respect to the price they pay; and if he will make a statement. [120413]
§ Mr. Timms"Energy Projections for the UK, Working Paper, March 2000", made available by the Department for Trade and Industry alongside the Government's draft Climate Change Programme, implicitly includes within its projections updated estimates of the price elasticities of demand for domestic fuels. Previous to this, the Institute for Fiscal Studies produced a working paper for Customs and Excise titled "The Simulation of Indirect Tax Reforms: The IFS Simulation Program for Indirect Taxation (SPIT)" which also looked at the elasticity of demand for domestic fuel and power.