Mizobuchi, Kenichi - In: Energy Economics 30 (2008) 5, pp. 2486-2516
effect." A large amount of empirical evidence on the rebound effect exists; however, most of these studies assume an … exogenous improvement in energy efficiency, and thus, capital costs that may decrease the magnitude of the rebound effect are … costs leads to an increase in the rebound effect. In the case of Japanese households, the magnitude of the rebound effect …