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来源类型Working Paper
规范类型报告
DOI10.3386/w25591
来源IDWorking Paper 25591
Are Consumers Attentive to Local Energy Costs? Evidence from the Appliance Market
Sébastien Houde; Erica Myers
发表日期2019-02-25
出版年2019
语种英语
摘要We estimate whether consumers respond to local energy costs when purchasing appliances. Using a dataset from an appliance retailer, we compare demand responsiveness to a measure of energy costs that varies with local energy prices versus purchase prices. We strongly reject that consumers are unresponsive to local energy costs under a wide range of assumptions. These findings run counter to the popular wisdom, which motivates energy standards, that energy costs are a shrouded attribute. Capital investments are an important channel for electricity demand response and may explain some of the large differences between short and long run electricity price elasticities.
主题Microeconomics ; Households and Firms ; Economics of Information ; Environmental and Resource Economics ; Energy ; Environment
URLhttps://www.nber.org/papers/w25591
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583265
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Sébastien Houde,Erica Myers. Are Consumers Attentive to Local Energy Costs? Evidence from the Appliance Market. 2019.
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