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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-
Identifierhttps://doi.org/10.1016/j.enpol.2019.01.040-
Identifierhttps://www.sciencedirect.com/science/article/pii/S0301421519300680-
Languageen-
Extent9 pagesen
TitleThe effect of house energy efficiency programs on the extensive and intensive margin of lower-income households’ investment behavioren
CreatorDrivas Kyriakosen
CreatorRozakis Stylianosen
CreatorΡοζακης Στυλιανοςel
CreatorXesfingi Sofiaen
PublisherElsevieren
Content SummaryThis 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
Type of ItemPeer-Reviewed Journal Publicationen
Type of ItemΔημοσίευση σε Περιοδικό με Κριτέςel
Licensehttp://creativecommons.org/licenses/by/4.0/en
Date of Item2020-06-11-
Date of Publication2019-
SubjectEnergy efficiency retrofitsen
SubjectExogenous changeen
SubjectExtensive and intensive marginen
SubjectHousehold investmenten
SubjectQ40en
SubjectQ48en
SubjectR20en
SubjectSubsidyen
Bibliographic CitationK. 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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