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This econometric study assesses the efficiency of the income tax credit system implemented in France in 2005 on households' retrofitting investment decisions, focusing on insulation measures. A logit model with random individual effects is estimated using an unbalanced panel of 23,879 households...
Persistent link: https://www.econbiz.de/10010256213
The political discussion on energy efficiency is focusing more and more on the building sector due to its susceptibility to potential market failures like the negative external pollution effects of CO2 emission. Using a discrete choice approach, this paper aims at deriving factors which increase...
Persistent link: https://www.econbiz.de/10008902231
We estimate direct and indirect energy rebound effects for a wide variety of goods and services in Germany. To this end, we employ a linearized approximation of the popular Almost Ideal Demand System (LAIDS) approach suggested by Deaton and Muellbauer (1980). Excluding measures of energy...
Persistent link: https://www.econbiz.de/10012900299
Information provision is a key element of government energy-efficiency policy, but the information that is provided is often too coarse to allow consumers to make efficient decisions. An important example is the ubiquitous yellow “EnergyGuide” label, which is required by law to be displayed...
Persistent link: https://www.econbiz.de/10013043356
Drawing on the most recent wave of the German Residential Energy Survey (GRECS), this paper estimates the contribution of individual appliances to household electricity consumption. Moving beyond the standard focus of estimating mean effects, we combine the conditional demand approach with...
Persistent link: https://www.econbiz.de/10011764517
In the current paper, we quantify the effect that fuel prices have on vehicle prices' responsiveness to fuel economy. We apply a hedonic price model to the German automobile market by using data on detailed technical specifications of high-sales vehicles of three sequential model years. In the...
Persistent link: https://www.econbiz.de/10011975298
Improvements in cars' fuel efficiency may induce people to travel more, taking back some of the potential fuel savings. This behavior, known as the (direct) rebound effect, has received much attention in the literature. However, no consensus has been reached regarding its size or the methodology...
Persistent link: https://www.econbiz.de/10011977253
The political discussion on energy efficiency is focusing more and more on the building sector due to its susceptibility to potential market failures like the negative external pollution effects of CO2 emission. Using a discrete choice approach, this paper aims at deriving factors which increase...
Persistent link: https://www.econbiz.de/10014186120
Persistent link: https://www.econbiz.de/10011298611
Persistent link: https://www.econbiz.de/10001704436