Arbeitspapier
Heterogeneous rebound effects: Comparing estimates from discrete-continuous models
Discrete-continuous models have become a common technique for addressing selectivity biases in data sets with endogenously partitioned observational units. Alternative two-stage approaches have been suggested by LEE (1983), DUBIN and MCFADDEN (1984), and DAHL (2002), all of which capture the first-stage discrete choice by the multinomial logit model, while the second-stage outcome equation is estimated using OLS. The nonlinearity introduced by the selection bias correction implies that the second-stage coefficients cannot be interpreted as marginal effects. Instead, the marginal effects are obtained using the estimates from both the first and second stages, a step that has been widely neglected in the applied literature. After deriving formulae for the marginal effects obtained from these selection correction approaches, we estimate a joint model of automobile ownership and distance driven to quantify the rebound effect, the behaviorally induced increase in driving that results from higher fuel economy. Our example illustrates that the pattern of rebound effects varies substantially depending on the method of selection bias correction.
- ISBN
-
978-3-86788-697-0
- Language
-
Englisch
- Bibliographic citation
-
Series: Ruhr Economic Papers ; No. 601
- Classification
-
Wirtschaft
Consumer Economics: Empirical Analysis
Renewable Resources and Conservation: Demand and Supply; Prices
Energy: Demand and Supply; Prices
- Subject
-
discrete-continuous models
marginal effects
car use
- Event
-
Geistige Schöpfung
- (who)
-
Frondel, Manuel
Martinez Flores, Fernanda
Vance, Colin
- Event
-
Veröffentlichung
- (who)
-
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
- (where)
-
Essen
- (when)
-
2016
- DOI
-
doi:10.4419/86788697
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Frondel, Manuel
- Martinez Flores, Fernanda
- Vance, Colin
- Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
Time of origin
- 2016
Other Objects (12)
Re-Identifying the Rebound – What About Asymmetry?
From fuel taxation to efficiency standards: A wrong turn in European climate protection?
Re-Identifying the Rebound: What About Asymmetry?
Heterogeneity in the Rebound Effect – Further Evidence for Germany
Identifying the Rebound - Evidence from a German Household Panel
Identifying the Rebound: Theoretical Issues and Empirical Evidence from a German Household Panel
Future Pain at the Diesel Pump? Potential Effects of the European Commission's Energy Taxation Proposal
Driving for Fun? – A Comparison of Weekdays and Weekend Travel
Fixed, Random, or Something in Between? – A Variant of HAUSMAN's Specification Test for Panel Data Estimators
Fuel Taxes versus Efficiency Standards – An Instrumental Variable Approach
Cycling on the extensive and intensive margin: The role of paths and prices
Mitigating Hypothetical Bias: Evidence on the Effects of Correctives from a Large Field Study
Re-Identifying the Rebound – What About Asymmetry?
From fuel taxation to efficiency standards: A wrong turn in European climate protection?
Re-Identifying the Rebound: What About Asymmetry?
Heterogeneity in the Rebound Effect – Further Evidence for Germany
Identifying the Rebound - Evidence from a German Household Panel
Identifying the Rebound: Theoretical Issues and Empirical Evidence from a German Household Panel
Future Pain at the Diesel Pump? Potential Effects of the European Commission's Energy Taxation Proposal
Driving for Fun? – A Comparison of Weekdays and Weekend Travel
Fixed, Random, or Something in Between? – A Variant of HAUSMAN's Specification Test for Panel Data Estimators
Fuel Taxes versus Efficiency Standards – An Instrumental Variable Approach
Cycling on the extensive and intensive margin: The role of paths and prices
Mitigating Hypothetical Bias: Evidence on the Effects of Correctives from a Large Field Study
Re-Identifying the Rebound – What About Asymmetry?
From fuel taxation to efficiency standards: A wrong turn in European climate protection?
Re-Identifying the Rebound: What About Asymmetry?
Heterogeneity in the Rebound Effect – Further Evidence for Germany
Identifying the Rebound - Evidence from a German Household Panel
Identifying the Rebound: Theoretical Issues and Empirical Evidence from a German Household Panel
Future Pain at the Diesel Pump? Potential Effects of the European Commission's Energy Taxation Proposal
Driving for Fun? – A Comparison of Weekdays and Weekend Travel
Fixed, Random, or Something in Between? – A Variant of HAUSMAN's Specification Test for Panel Data Estimators
Fuel Taxes versus Efficiency Standards – An Instrumental Variable Approach
Cycling on the extensive and intensive margin: The role of paths and prices