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electricity was higher. The elasticity of the price of electricity at the time of construction was -0.22. As homes built between …We find that households living in California homes built in the 1960s and 1970s had high electricity consumption in … 2000 relative to houses of more recent vintages because the price of electricity at the time of home construction was low …
Persistent link: https://www.econbiz.de/10012461926
We use detailed microeconomic data to investigate why aggregate residential electricity consumption in California has … determining electricity demand. We show that building codes have been effective for homes built after 1983. We find that houses … electricity at the time of construction was low. Employing our regression estimates, we construct an aggregate residential …
Persistent link: https://www.econbiz.de/10012462674
building stock's total electricity consumption. This paper exploits a unique panel of commercial buildings to investigate the … impact of building vintage, contract incentives, and human capital on electricity consumption across commercial structures …. We document that electricity consumption and building quality are complements, not substitutes. Technological progress …
Persistent link: https://www.econbiz.de/10012459880