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Improving end-use energy efficiency—that is, the energy-efficiency of individuals, households, and firms as they consume energy—is often cited as an important element in efforts to reduce greenhouse-gas (GHG) emissions. Arguments for improving energy efficiency usually rely on the idea that...
Persistent link: https://www.econbiz.de/10013029013
Energy-efficient technologies offer considerable promise for reducing the financial costs and environmental damages associated with energy use, but these technologies appear not to be adopted by consumers and businesses to the degree that would apparently be justified, even on a purely financial...
Persistent link: https://www.econbiz.de/10013029031
Many consumers are keenly aware of gasoline prices, and consumer responses to gasoline prices have been well studied. In this paper, by contrast, we investigate how gasoline prices affect the automobile industry: manufacturers and dealerships. We estimate how changes in gasoline prices affect...
Persistent link: https://www.econbiz.de/10013096478
I use U.S. patent data from 1970 to 1994 to estimate the effect of energy prices on energy-efficient innovations. Using patent citations to construct a measure of the usefulness of the existing base of scientific knowledge, I consider the effect of both demand-side factors, which spur innovative...
Persistent link: https://www.econbiz.de/10013246366
. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price … respond to average price rather than marginal or expected marginal price. This sub-optimizing behavior makes nonlinear pricing …
Persistent link: https://www.econbiz.de/10013098134
The history of Daylight Saving Time (DST) has been long and controversial. Throughout its implementation during World Wars I and II, the oil embargo of the 1970s, consistent practice today, and recent extensions, the primary rationale for DST has always been to promote energy conservation....
Persistent link: https://www.econbiz.de/10012766008
We use causal forests to evaluate the heterogeneous treatment effects (TEs) of repeated behavioral nudges towards household energy conservation. The average response is a monthly electricity reduction of 9 kilowatt-hours (kWh), but the full distribution of responses ranges from -30 to +10 kWh....
Persistent link: https://www.econbiz.de/10012858035
income distribution. On a per-dwelling basis, we observe energy use reductions only in the second lowest income quintile, and … energy use per square foot actually increases in the bottom quintile. Home values of lower-income households fall, while … those of high-income households rise. We interpret these results as evidence that building energy codes result in more …
Persistent link: https://www.econbiz.de/10012929585
is particularly lacking from low- and middle-income countries, despite a widespread view that these countries have many …
Persistent link: https://www.econbiz.de/10012919331
Economists promote energy taxes as cost-effective. But policymakers raise concerns about their regressivity, or disproportional burden on poorer families, preferring to set energy efficiency standards instead. I first show that in theory, regulations targeting energy efficiency are more...
Persistent link: https://www.econbiz.de/10012977268