Analysing the Impact of ENERGY STAR Rebate Policies in the US
AbstractIn this paper we estimate the impact of rebate policies in various US states on the share of sales of ENERGY STAR household appliances between 2001 and 2006. We use a difference-in-difference approach to exploit the variation in the rebate policies over time and across US states to estimate their effect on the share of sales of ENERGY STAR household appliances. To account for the possibility of an endogenous rebate policy we use an instrumental variables approach in a fixed effects panel data regression model. Results suggest that rebate policies increase the share of sales of ENERGY STAR household appliances by around 7.4% and this represents an impact of around 21% on the mean level of the share of sales of ENERGY STAR household appliances in the US between 2001 and 2006.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by CEPE Center for Energy Policy and Economics, ETH Zurich in its series CEPE Working paper series with number 12-86.
Length: 18 pages
Date of creation: Feb 2012
Date of revision:
Residential appliances; ENERGY STAR; Rebate policies; Difference-in-difference;
Find related papers by JEL classification:
- D - Microeconomics
- D1 - Microeconomics - - Household Behavior
- Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
- Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
- Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Webber, C. A. & Brown, R. E. & Koomey, J., 2000. "Savings estimates for the E S(R) voluntary labeling program," Energy Policy, Elsevier, vol. 28(15), pages 1137-1149, December.
- Besley, Timothy & Case, Anne, 2000.
"Unnatural Experiments? Estimating the Incidence of Endogenous Policies,"
Royal Economic Society, vol. 110(467), pages F672-94, November.
- Timothy Besley & Anne Case, 1994. "Unnatural Experiments? Estimating the Incidence of Endogenous Policies," NBER Working Papers 4956, National Bureau of Economic Research, Inc.
- Mark E Schaffer & Steven Stillman, 2006. "XTOVERID: Stata module to calculate tests of overidentifying restrictions after xtreg, xtivreg, xtivreg2, xthtaylor," Statistical Software Components S456779, Boston College Department of Economics, revised 02 Nov 2011.
- Faiers, Adam & Neame, Charles, 2006. "Consumer attitudes towards domestic solar power systems," Energy Policy, Elsevier, vol. 34(14), pages 1797-1806, September.
- McWhinney, Marla & Fanara, Andrew & Clark, Robin & Hershberg, Craig & Schmeltz, Rachel & Roberson, Judy, 2005. "ENERGY STAR product specification development framework: using data and analysis to make program decisions," Energy Policy, Elsevier, vol. 33(12), pages 1613-1625, August.
- Nadel, Steven & Geller, Howard, 1996. "Utility DSM : What have we learned? Where are we going?," Energy Policy, Elsevier, vol. 24(4), pages 289-302, April.
- Souvik Datta & Sumeet Gulati, 2011. "Utility Rebates for ENERGY STAR Appliances: Are They Effective?," CEPE Working paper series 11-81, CEPE Center for Energy Policy and Economics, ETH Zurich.
- B. Howarth, Richard & Haddad, Brent M. & Paton, Bruce, 2000. "The economics of energy efficiency: insights from voluntary participation programs," Energy Policy, Elsevier, vol. 28(6-7), pages 477-486, June.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Ordas).
If references are entirely missing, you can add them using this form.