Arbeitspapier
Heterogeneity in the Effect of Home Energy Audits – Theory and Evidence
A longstanding question in the study of energy demand concerns the role of information as a determinant of home-efficiency improvements. Although the provision of information via home energy audits is frequently asserted to be an effective means for governments to encourage the implementation of efficiency-enhancing renovations, empirical support for this assertion is tenuous at best. Apart from self-selection issues with respect to receiving an audit, two other factors have complicated attempts to measure their effect: first, the nature of the information provided by the audit is typically unobserved, and, second, the response to this information may vary over households. Using household-level data from Germany, we address both sources of heterogeneity by estimating a random-parameter model of four retrofitting alternatives. In addition to confirming the importance of costs and savings as determinants of renovation choices, our results suggest that the effects of consultancy vary substantially across households, with some households responding negatively to the provision of information.
- ISBN
-
978-3-86788-385-6
- Sprache
-
Englisch
- Erschienen in
-
Series: Ruhr Economic Papers ; No. 335
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
Criteria for Decision-Making under Risk and Uncertainty
Energy: Demand and Supply; Prices
- Thema
-
Energy audit
mixed logit
random-coefficient models
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Frondel, Manuel
Vance, Colin
- Ereignis
-
Veröffentlichung
- (wer)
-
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
- (wo)
-
Essen
- (wann)
-
2012
- DOI
-
doi:10.4419/86788385
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Frondel, Manuel
- Vance, Colin
- Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
Entstanden
- 2012
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