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The Microeconometric Approach to Modelling Energy Demand: Some Results for UK Households

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Author Info

  • Baker, Paul
  • Blundell, Richard

Abstract

The paper is concerned with the empirical modeling of domestic demand for energy at the level of the individual household. A model of household energy expenditures and energy using durable ownership is described. Estimation takes place using a pooled sample of households drawn from the repeated cross- sections of the annual Family Expenditure Survey (FES). Price and income elasticities are found to be highly dependent on individual household characteristics, type of house tenure, energy using durable ownership and outside temperature. Finally the results are placed in a policy relevant context. Copyright 1991 by Oxford University Press.

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Bibliographic Info

Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

Volume (Year): 7 (1991)
Issue (Month): 2 (Summer)
Pages: 54-76

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Handle: RePEc:oup:oxford:v:7:y:1991:i:2:p:54-76

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Web page: http://oxrep.oupjournals.org/

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Cited by:
  1. Meier, Helena & Rehdanz, Katrin, 2010. "Determinants of residential space heating expenditures in Great Britain," Energy Economics, Elsevier, vol. 32(5), pages 949-959, September.
  2. Patrizio Lecca & Peter McGregor & J. Kim Swales & Karen Turner, 2013. "The added value from a general equilibrium analyses of increased efficiency in household energy use," Working Papers 1308, University of Strathclyde Business School, Department of Economics.
  3. Newell, Richard G. & Pizer, William A., 2008. "Carbon mitigation costs for the commercial building sector: Discrete-continuous choice analysis of multifuel energy demand," Resource and Energy Economics, Elsevier, vol. 30(4), pages 527-539, December.
  4. Leahy, Eimear & Devitt, Conor & Lyons, Seán & Tol, Richard S. J., 2011. "The Cost of Natural Gas Shortages in Ireland," Papers WP397, Economic and Social Research Institute (ESRI).
  5. Pizer, William & Newell, Richard, 2005. "Carbon Mitigation Costs for the Commercial Sector: Discrete-Continuous Choice Analysis of Multifuel Energy Demand," Discussion Papers dp-05-13, Resources For the Future.
  6. Bente Halvorsen & Bodil M. Larsen, 1999. "Changes in the Pattern of Household Electricity Demand over Time," Discussion Papers 255, Research Department of Statistics Norway.
  7. Philip Burns & Ian Crawford & Andrew Dilnot, 1995. "Regulation and redistribution in utilities," Fiscal Studies, Institute for Fiscal Studies, vol. 16(4), pages 1-22, January.
  8. Rehdanz, Katrin, 2007. "Determinants of residential space heating expenditures in Germany," Energy Economics, Elsevier, vol. 29(2), pages 167-182, March.
  9. Bente Halvorsen & Bodil M. Larsen, 2003. "Possibility for hedging from price increases in residential energy demand," Discussion Papers 347, Research Department of Statistics Norway.
  10. Diffney, Sean & Lyons, Sean & Malguzzi Valeri, Laura, 2009. "Advertising to boost energy efficiency: the Power of One campaign and natural gas consumption," Papers WP280, Economic and Social Research Institute (ESRI).
  11. Halvorsen, Bente & Larsen, Bodil M., 2001. "The flexibility of household electricity demand over time," Resource and Energy Economics, Elsevier, vol. 23(1), pages 1-18, January.
  12. Leth-Petersen, Soren & Togeby, Mikael, 2001. "Demand for space heating in apartment blocks: measuring effects of policy measures aiming at reducing energy consumption," Energy Economics, Elsevier, vol. 23(4), pages 387-403, July.
  13. Braun, Frauke G., 2010. "Determinants of households' space heating type: A discrete choice analysis for German households," Energy Policy, Elsevier, vol. 38(10), pages 5493-5503, October.
  14. van den Bergh, Jeroen C.J.M., 2008. "Environmental regulation of households: An empirical review of economic and psychological factors," Ecological Economics, Elsevier, vol. 66(4), pages 559-574, July.
  15. Matsukawa, Isamu & Ito, Nariyasu, 1998. "Household ownership of electric room air conditioners," Energy Economics, Elsevier, vol. 20(4), pages 375-387, September.

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