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Zero expenditure poses several challenges when estimating demand systems. Zero expenditure on energy goods occur due to limited opportunity to consume the good or because the household chooses not to use all available equipment (corner solution). In this paper we develop a method to estimate an...
Persistent link: https://www.econbiz.de/10004980770
The literature on the energy-efficiency gap discusses the status-quo bias as a behavioral anomaly that potentially increases the energy consumption of a household through at least three channels: (1) by making consumers keep their energy-using durables as long as possible, until wearout forces...
Persistent link: https://www.econbiz.de/10011985382
The literature on the energy-efficiency gap discusses the status-quo bias as a behavioral anomaly that potentially increases the energy consumption of a household through at least three channels: (1) by making consumers keep their energy-using durables as long as possible, until wearout forces...
Persistent link: https://www.econbiz.de/10011920853
The consumption of storable goods does not necessarily equal purchases during a period because of changes in stock. In many cases, we have information about expenditures only, not consumption. A method is developed to obtain an estimate of consumption and changes in stock when only expenditure...
Persistent link: https://www.econbiz.de/10011968345
This paper investigates how households respond to efficiency improvement of their heating system. Micro-level rebound effects are estimated using a survey with an innovative choice experiment based on the stated preference approach. The experiment design allows to identify the direct and...
Persistent link: https://www.econbiz.de/10011977257
The consumption of storable goods does not necessarily equal purchases during a period because of changes in stock. In many cases, we have information about expenditures only, not consumption. A method is developed to obtain an estimate of consumption and changes in stock when only expenditure...
Persistent link: https://www.econbiz.de/10004980983
The objective of this study is to examine the determinants of household petrol and diesel expenditures using a large micro data set of Irish households. This research is timely given the switch in purchases from petrol cars to diesel cars arising out of changes in how vehicle registration tax...
Persistent link: https://www.econbiz.de/10010747573
We examine the effect of energy efficiency incentives on household energy-efficiency home improvements. Starting in February 2007, Italian homeowners have been able to avail themselves of tax credits on the purchase and installation costs of certain types of energy efficiency renovations. We...
Persistent link: https://www.econbiz.de/10010294277
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/10010304324
Using household travel diary data collected in Germany between 1997 and 2012, we employ an instrumental variable (IV) approach that enables us to consistently estimate both fuel price and efficiency elasticities at once. The aim is to gauge the relative impacts of fuel economy standards and fuel...
Persistent link: https://www.econbiz.de/10011301767