Arbeitspapier
State mandates on renewable heating technologies and the housing market
We study the effect of a state level mandate on renewable heating technologies on the housing market. The mandate requires a minimum share of 10 % renewable energy sources when changing the heating system in the existing building stock. As renewable energy sources are still more expensive than conventional alternatives this mandate could lower the relative price of homes in the existing building stock when a replacement of the heating system is impending. We implement a two stage difference-in-differences nearest neighbor matching approach to identify the effect on prices taking advantage of differences in regulation by location and vintage of the building stock. Our results find no evidence of an effect of the mandate on housing prices.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 19-028
- Klassifikation
-
Wirtschaft
Alternative Energy Sources
Energy: Government Policy
Environmental Economics: Government Policy
- Thema
-
Building regulations
Renewable energy sources
Hedonic pricing
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Germeshausen, Robert
von Graevenitz, Kathrine
- Ereignis
-
Veröffentlichung
- (wer)
-
ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
- (wo)
-
Mannheim
- (wann)
-
2019
- 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
- Germeshausen, Robert
- von Graevenitz, Kathrine
- ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
Entstanden
- 2019