Our paper provides a quantitative analysis of market behavior for the purchase of energy efficiency in residential appliances and heating and cooling equipment. Accurate forecasts of residential energy use require quantitative assessments of market decisions about energy efficiency. The results...

Oil and energy use in developing countries has undergone a significant evolution in the past several years. For nearly all oil-importing developing countries (OIDCs), the two sharp oil price increases in 1973-1974 and 1978-1979 brought a large rise in import bills. With the 1973-1974 price rise,...