Price and income elasticities of residential energy demand in Germany

被引:90
|
作者
Schulte, Isabella [1 ]
Heindl, Peter [2 ]
机构
[1] Heidelberg Univ, Heidelberg, Germany
[2] Ctr European Econ Res ZEW L7 1, D-68161 Mannheim, Germany
关键词
Energy consumption; Price elasticities; SPACE HEATING EXPENDITURES; ELECTRICITY CONSUMPTION; G7; COUNTRIES; REAL GDP; SYSTEMS; WELFARE; DETERMINANTS;
D O I
10.1016/j.enpol.2016.12.055
中图分类号
F [经济];
学科分类号
02 ;
摘要
We apply a quadratic expenditure system to estimate price and expenditure elasticities of residential energy demand (electricity and healing) in Germany. Using official expenditure data from 1993 to 2008, we estimate an expenditure elasticity for electricity of 0.3988 and of 0.4055 for space heating. The own price elasticity for electricity is 0.4310 and 0.5008 in the case of space heating. Disaggregation of households by expenditure and socio-economic composition reveals that the behavioural response to energy price changes is weaker (stronger) for low-income (top -income) households. There are considerable economies of scale in residential energy use but scale effects are not well approximated by the new OECD equivalence scale. Real increases in energy prices show a regressive pattern of incidence, implying that the welfare consequences of direct energy taxation are larger for low income households. The application of zero-elasticities in assessments of welfare consequences of energy taxation strongly underestimates potential welfare effects. The increase in inequality is 22% smaller when compared to the application of disaggregated price and income elasticities as estimated in this paper.
引用
收藏
页码:512 / 528
页数:17
相关论文
共 50 条
  • [1] Estimating income and price elasticities of residential electricity demand with Autometrics
    Pellini, Elisabetta
    [J]. ENERGY ECONOMICS, 2021, 101 (101)
  • [2] Asymmetric price and income elasticities of residential electricity demand in Taiwan
    Liao, Chun-Huang
    Chen, Jiaxuan
    Liu, Zhihui
    [J]. APPLIED ECONOMICS, 2024,
  • [3] Price and income elasticities of residential water demand: A meta-analysis
    Dalhuisen, JM
    Florax, RJGM
    de Groot, HLF
    Nijkamp, P
    [J]. LAND ECONOMICS, 2003, 79 (02) : 292 - 308
  • [5] Price and income elasticities of residential electricity demand in Brazil and policy implications
    Silva Martins, Luis Oscar
    Amorim, Inara Rosa
    Mendes, Vinicius de Araujo
    Silva, Marcelo Santana
    Mendonca Freires, Francisco Gaudencio
    Teles, Eduardo Oliveira
    Torres, Ednildo Andrade
    [J]. UTILITIES POLICY, 2021, 71
  • [6] On income and price elasticities for energy demand: A panel data study
    Gao, Jiti
    Peng, Bin
    Smyth, Russell
    [J]. ENERGY ECONOMICS, 2021, 96
  • [7] Price and Income Elasticities of Fuel Demand in Kosova
    Kastrati, Valon
    [J]. EUROPEAN JOURNAL OF SUSTAINABLE DEVELOPMENT, 2015, 4 (01): : 101 - 108
  • [8] Income and price elasticities of demand for alcoholic drinks
    Salisu, MA
    Balasubramanyam, VN
    [J]. APPLIED ECONOMICS LETTERS, 1997, 4 (04): : 247 - 251
  • [9] A DECOMPOSITION OF THE PRICE AND INCOME ELASTICITIES OF THE CONSUMER DEMAND FOR GASOLINE
    ARCHIBALD, R
    GILLINGHAM, R
    [J]. SOUTHERN ECONOMIC JOURNAL, 1981, 47 (04) : 1021 - 1031
  • [10] INCOME AND PRICE ELASTICITIES IN WORLD DEMAND FOR PAPER AND PAPERBOARD
    BUONGIORNO, J
    [J]. FOREST SCIENCE, 1978, 24 (02) : 231 - 246