Household Formation and Residential Energy Demand: Evidence from Japan
AbstractWe use a large household panel for Japan (Keio Household Panel Survey) to estimate household-size economies in energy consumption. The household-size economies we obtain are significant and sizable: the per-capita energy-related spending of a two-adult household is only about two-thirds of the expenditure of a one-adult household. We use the estimates of household-size economies to explore how the demographic trend toward smaller-sized household units changes energy demand in the Japanese household sector. Between 2005 and 2010, for example, average household size in Japan decreased by about five percent. The resulting economy-wide loss in household-size economies increased energy demand in the household sector by about four percent
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Bibliographic InfoPaper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1836.
Length: 34 pages
Date of creation: Apr 2013
Date of revision:
energy consumption; household-size economies; demographic change; household formation;
Other versions of this item:
- Carsten Schroder & Katrin Rehdanz & Daiju Narita & Toshihiro Okubo, 2013. "Household formation and residential energy demand: Evidence from Japan," Keio/Kyoto Joint Global COE Discussion Paper Series 2012-047, Keio/Kyoto Joint Global COE Program.
- Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-06 (All new papers)
- NEP-DGE-2013-04-06 (Dynamic General Equilibrium)
- NEP-LAB-2013-04-06 (Labour Economics)
- NEP-MAC-2013-04-06 (Macroeconomics)
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