IDEAS home Printed from https://ideas.repec.org/a/aen/journl/2001v22-04-a05.html
   My bibliography  Save this article

Economic Indicators of Market Transformation: Energy Efficient Lighting and EPA's Green Lights

Author

Listed:
  • Marvin J. Horowitz

Abstract

Using observed market quantities and prices of substitutable products, a methodology is developed to estimate economic indicators of market transformation for the energy efficient lighting market. Market transformation, an energy industry term referring to the ongoing development of self-sustaining markets for energy efficient products and services, is the goal of an increasing number of publicly-funded programs. Chief among these is the U. S. EPA's Green Lights and its successor ENERGY STAR. Using four decades of data related to fluorescent lighting ballasts, this study isolates product price effects and thereby permits the impacts of public programs to be distinguished from the typical workings of the market. The economic indicators are further used for deriving market volume estimates that are converted to energy savings and climate protection impacts. The findings reveal that Green Lights is responsible for annual savings in 2000 of over 5.6 million metric tons of carbon.

Suggested Citation

  • Marvin J. Horowitz, 2001. "Economic Indicators of Market Transformation: Energy Efficient Lighting and EPA's Green Lights," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 95-122.
  • Handle: RePEc:aen:journl:2001v22-04-a05
    as

    Download full text from publisher

    File URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1374
    Download Restriction: Access to full text is restricted to IAEE members and subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Isamu Matsukawa, 2005. "The Benefits of Information on the Efficient Usage of Consumer Durables," Others 0501005, EconWPA.
    2. Frondel, Manuel & Schmidt, Christoph M., 2005. "Evaluating environmental programs: The perspective of modern evaluation research," Ecological Economics, Elsevier, vol. 55(4), pages 515-526, December.
    3. Sanchez, Marla C. & Brown, Richard E. & Webber, Carrie & Homan, Gregory K., 2008. "Savings estimates for the United States Environmental Protection Agency's ENERGY STAR voluntary product labeling program," Energy Policy, Elsevier, vol. 36(6), pages 2098-2108, June.
    4. Xiaogu Li & Christopher D. Clark & Kimberly L. Jensen & Steven T. Yen, 2016. "The Effect of Mail-in Utility Rebates on Willingness-to-Pay for ENERGY STAR $$^{\textregistered }$$ ® Certified Refrigerators," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(1), pages 1-23, January.
    5. Ward, David O. & Clark, Christopher D. & Jensen, Kimberly L. & Yen, Steven T. & Russell, Clifford S., 2011. "Factors influencing willingness-to-pay for the ENERGY STAR® label," Energy Policy, Elsevier, vol. 39(3), pages 1450-1458, March.
    6. Pizer, William A. & Morgenstern, Richard & Shih, Jhih-Shyang, 2011. "The performance of industrial sector voluntary climate programs: Climate Wise and 1605(b)," Energy Policy, Elsevier, vol. 39(12), pages 7907-7916.

    More about this item

    JEL classification:

    • F0 - International Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aen:journl:2001v22-04-a05. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David Williams). General contact details of provider: http://edirc.repec.org/data/iaeeeea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.