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Recent research indicates that pro-environmental behavior may be driven by concerns about one’s moral identity. Using identification with the environmentalist movement Fridays for Future, this paper develops and empirically tests a straightforward model of self-signaling. We assume that...
Persistent link: https://www.econbiz.de/10014076323
Based on hypothetical responses originating from a large-scale survey among about 6,000 German households, this study investigates the discrepancy in willingness-to-pay (WTP) estimates for green electricity across single-binary-choice and open-ended valuation formats. Recognizing that...
Persistent link: https://www.econbiz.de/10012173459
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Using a panel of household travel diary data collected in Germany between 1997 and 2005, this study assesses the effectiveness of fuel efficiency improvements by econometrically estimating the rebound effect, describing the extent to which higher efficiency causes additional travel.Following a...
Persistent link: https://www.econbiz.de/10014052270
Interaction effects capture the impact of one explanatory variable x1 on the marginal effect of another explanatory variable x2. To explore interaction effects, so-called interaction terms x1x2 are typically included in estimation specifications. While in linear models the effect of a marginal...
Persistent link: https://www.econbiz.de/10014202374
This paper proposes a variant of the classical HAUSMAN specification test commonly employed to decide whether the estimation of a random-effects model is a viable alternative to estimating fixed effects. Whereas the classical test probes the equality of fixed- and random effects, the proposed...
Persistent link: https://www.econbiz.de/10013147994
Interaction effects capture the impact of one explanatory variable x1 on the marginal effect of another explanatory variable x2. To explore interaction effects, so-called interaction terms x1x2 are typically included in estimation specifications. While in linear models the effect of a marginal...
Persistent link: https://www.econbiz.de/10013111995
This paper proposes a variant of the classical HAUSMAN specification test commonly employed to decide whether the estimation of a random-effects model is a viable alternative to estimating fixed effects. Whereas the classical test probes the equality of fixed- and random effects, the proposed...
Persistent link: https://www.econbiz.de/10003924468