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The effect of house energy efficiency programs on the extensive and intensive margin of lower-income households’ investment behavior

Drivas Kyriakos, Rozakis Stylianos, Xesfingi Sofia

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URIhttp://purl.tuc.gr/dl/dias/C614EB4E-46A9-4763-B053-5C8B77B3C676-
Αναγνωριστικόhttps://doi.org/10.1016/j.enpol.2019.01.040-
Αναγνωριστικόhttps://www.sciencedirect.com/science/article/pii/S0301421519300680-
Γλώσσαen-
Μέγεθος9 pagesen
ΤίτλοςThe effect of house energy efficiency programs on the extensive and intensive margin of lower-income households’ investment behavioren
ΔημιουργόςDrivas Kyriakosen
ΔημιουργόςRozakis Stylianosen
ΔημιουργόςΡοζακης Στυλιανοςel
ΔημιουργόςXesfingi Sofiaen
ΕκδότηςElsevieren
ΠερίληψηThis paper examines the biggest house energy efficiency retrofit support program in Greece which ran during 2011–2015 and approximately fifty thousand households participated. We take advantage of an exogenous policy change resulting in cost reduction for households that occurred while the program was running. This change substantially increased the subsidy rate for lower-income households. We find that this effective cost reduction increased the participation rate (extensive margin). We add to the literature on retrofits by further showing that this change increased substantially the investment amount (intensive margin) of these lower-income households. Detailed data on a sub-sample of households reveal that this increase was driven primarily by window replacement and thermal insulation investments.en
ΤύποςPeer-Reviewed Journal Publicationen
ΤύποςΔημοσίευση σε Περιοδικό με Κριτέςel
Άδεια Χρήσηςhttp://creativecommons.org/licenses/by/4.0/en
Ημερομηνία2020-06-11-
Ημερομηνία Δημοσίευσης2019-
Θεματική ΚατηγορίαEnergy efficiency retrofitsen
Θεματική ΚατηγορίαExogenous changeen
Θεματική ΚατηγορίαExtensive and intensive marginen
Θεματική ΚατηγορίαHousehold investmenten
Θεματική ΚατηγορίαQ40en
Θεματική ΚατηγορίαQ48en
Θεματική ΚατηγορίαR20en
Θεματική ΚατηγορίαSubsidyen
Βιβλιογραφική ΑναφοράK. Drivas, S. Rozakis and S. Xesfingi, "The effect of house energy efficiency programs on the extensive and intensive margin of lower-income households’ investment behavior," Energy Policy, vol. 128, pp. 607-615, May 2019. doi: 10.1016/j.enpol.2019.01.040en

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