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Doing good but not that well? A dilemma for energy conserving homeowners

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  • Wahlström, Marie H.

Abstract

In this paper the issue of market capitalization of energy efficient buildings is addressed by considering single-family housing in Sweden and through analyzing as to what extent the market price for a house is influenced by its energy performance. Are Swedish homeowners doing well by doing good?

Suggested Citation

  • Wahlström, Marie H., 2016. "Doing good but not that well? A dilemma for energy conserving homeowners," Energy Economics, Elsevier, vol. 60(C), pages 197-205.
    • Handle: RePEc:eee:eneeco:v:60:y:2016:i:c:p:197-205
    DOI: 10.1016/j.eneco.2016.09.025
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    References listed on IDEAS

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    1. Nair, Gireesh & Gustavsson, Leif & Mahapatra, Krushna, 2010. "Factors influencing energy efficiency investments in existing Swedish residential buildings," Energy Policy, Elsevier, vol. 38(6), pages 2956-2963, June.
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    6. Brounen, Dirk & Kok, Nils, 2011. "On the economics of energy labels in the housing market," Journal of Environmental Economics and Management, Elsevier, vol. 62(2), pages 166-179, September.
    7. Piet Eichholtz & Nils Kok & John M. Quigley, 2010. "Doing Well by Doing Good? Green Office Buildings," American Economic Review, American Economic Association, vol. 100(5), pages 2492-2509, December.
    8. Quigley, John M & Rubinfeld, Daniel L, 1989. "Unobservables in Consumer Choice: Residential Energy and the Demand for Comfort," The Review of Economics and Statistics, MIT Press, vol. 71(3), pages 416-425, August.
    9. Fuerst, Franz & McAllister, Patrick & Nanda, Anupam & Wyatt, Peter, 2015. "Does energy efficiency matter to home-buyers? An investigation of EPC ratings and transaction prices in England," Energy Economics, Elsevier, vol. 48(C), pages 145-156.
    10. Pontus Cerin & Lars G. Hassel & Natalia Semenova, 2014. "Energy Performance and Housing Prices," Sustainable Development, John Wiley & Sons, Ltd., vol. 22(6), pages 404-419, November.
    11. Amecke, Hermann, 2012. "The impact of energy performance certificates: A survey of German home owners," Energy Policy, Elsevier, vol. 46(C), pages 4-14.
    12. Hårsman, Björn & Daghbashyan, Zara & Chaudhary, Parth, 2016. "On the Quality and Impact of Residential Energy Performance Certificates," Working Paper Series in Economics and Institutions of Innovation 429, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
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    Cited by:

    1. Lu Zhang & Lennart Stangenberg & Sjors van Wickeren, 2020. "The information value of energy labels: Evidence from the Dutch residential housing market," CPB Discussion Paper 413, CPB Netherlands Bureau for Economic Policy Analysis.
    2. Lu Zhang & Lennart Stangenberg & Sjors van Wickeren, 2020. "The information value of energy labels: Evidence from the Dutch residential housing market," CPB Discussion Paper 413.rdf, CPB Netherlands Bureau for Economic Policy Analysis.

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    More about this item

    Keywords

    Price premium; Energy efficient housing; Single-family houses; Energy saving potential; Building attributes; Energy performance certificate;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D10 - Microeconomics - - Household Behavior - - - General
    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D19 - Microeconomics - - Household Behavior - - - Other

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