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Existing studies have focused on the impact of inefficient resource allocation on energy performance in China’s factor market, but neglected to explore the underlying reason from the perspective of market segmentation. In this paper, the epsilon-based measure model and price index method are...
Persistent link: https://www.econbiz.de/10014099770
Untapped improvements in energy efficiency in the residential sector may deliver large savings in energy use and the CO2 associated emissions. Yet empirical assessments have been difficult and controversial. We collect monthly natural gas meter readings from a sample of homes in Transcarpathia,...
Persistent link: https://www.econbiz.de/10014106711
Economists have long noted that improving energy e fficiency could lead to a rebound eff ect, reducing or possibly even eliminating the energy savings from the effi ciency improvement. Yet there are important nuances in the microeconomic theory of the rebound eff ect that have not been explored....
Persistent link: https://www.econbiz.de/10013060067
We provide the first estimate of the money equivalent of procedural changes in public assistance programs. Observing 77,305 appliance replacement decisions in an energy efficiency assistance program targeting low-income households, our RDD design exploits two quasi-exogenous temporal...
Persistent link: https://www.econbiz.de/10014237362
This paper uses a randomized field experiment to test how information provision leveraging social norms, salience, and a personal touch can serve as a nudge to influence the uptake of residential energy audits. Our results show that a low-cost carefully-crafted note-card can increase the...
Persistent link: https://www.econbiz.de/10012948936
Existing studies have focused on the impact of inefficient resource allocation on energy performance in China's factor market, but neglected to explore the underlying reason from the perspective of market segmentation. In this paper, the epsilon-based measure model and price index method are...
Persistent link: https://www.econbiz.de/10012844096
Energy labels have been introduced in many countries to increase consumers' attention to energy use in purchase decisions of durables. In a discrete-choice experiment among about 5,000 households, we implement randomized information treatments to explore the effects of various kinds of energy...
Persistent link: https://www.econbiz.de/10012978674
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
There exists a strong correlation between income growth and energy consumption. In general, their effects are positive (or non-significant) in both directions. However, none of the existing works control properly for double causality. In this vein, energy governance has a remarkable importance...
Persistent link: https://www.econbiz.de/10014093414
China’s capital-intensive, export-oriented, spectacular economic growth since launching its open-door policy and economic reforms in late 1978 not only has created jobs and has lifted millions of the Chinese people out of poverty, but also has given rise to unprecedented environmental...
Persistent link: https://www.econbiz.de/10014177686