Showing 1 - 10 of 753
We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the price elasticity of energy demand and the marginal propensity to consume (MPC) after paying the energy bill. We document several nonlinearities depending on the sign and...
Persistent link: https://www.econbiz.de/10014305315
The substantial subsidizing of energy prices over the years has led to high energy consumption, inefficiencies, fiscal pressures, and environmental problems in Iran. To address the increasing socio-economic problems associated with the energy subsidies, the government embarked on an aggressive...
Persistent link: https://www.econbiz.de/10013027615
We study the dynamics of residential electricity demand by exploiting a natural experiment that produced large and long-lasting price changes in over 250 Illinois communities. Using a flexible difference-in-differences matching approach, we estimate that the price elasticity of demand grows from...
Persistent link: https://www.econbiz.de/10012908782
Iran is an energy-rich country and one of the world's main oil-exporters, but its own rapid energy consumption in recent years has raised concerns about the ability of the country to continue exporting oil in the future. Economic growth, massive energy subsidies, and mismanagement of the energy...
Persistent link: https://www.econbiz.de/10013075219
In this paper we study the demand for car kilometres in two-car households, focusing on the substitution between cars in response to fuel price changes. We use a large sample of detailed Danish data on two-car households to estimate -- for each car owned by the household -- own and cross-price...
Persistent link: https://www.econbiz.de/10010224824
We use a panel of UK households to analyse the impact that various individual, household and dwelling characteristics have on energy expenditures and whether changes in household socio-economic circumstances translate in changes in energy expenditures. Socio-economic characteristics have a...
Persistent link: https://www.econbiz.de/10010356698
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
The paper investigates the determinants of household energy spending and energy budget shares, with a focus on understanding their non-linear relationship with income, and the presence of economies of scale. The analysis is based on a unique, harmonized collection of official household surveys...
Persistent link: https://www.econbiz.de/10011657299
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
Reducing household electricity consumption is of central relevance to climate policy given the share of 12.2% of the residential sector in greenhouse gas emissions. Drawing on data originating from the German Residential Energy Survey (GRECS), this paper estimates the contribution of individual...
Persistent link: https://www.econbiz.de/10013014054