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Estimation of net savings from energy-conservation programs

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  • Train, Kenneth E.

Abstract

Several methods for estimating net savings are described. Appropriate methods are distinguished from inappropriate ones on logical grounds. To illustrate the concepts, each method is applied to a simulated data set for which the true saving is known. The appropriate methods yield estimates that are close to the true value while inappropriate methods do not.

Suggested Citation

  • Train, Kenneth E., 1994. "Estimation of net savings from energy-conservation programs," Energy, Elsevier, vol. 19(4), pages 423-441.
    • Handle: RePEc:eee:energy:v:19:y:1994:i:4:p:423-441
    DOI: 10.1016/0360-5442(94)90121-X
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    1. Amemiya, Takeshi, 1983. "Non-linear regression models," Handbook of Econometrics, in: Z. Griliches† & M. D. Intriligator (ed.),Handbook of Econometrics, edition 1, volume 1, chapter 6, pages 333-389, Elsevier.
    2. Heckman, James J. & Robb, Richard Jr., 1985. "Alternative methods for evaluating the impact of interventions : An overview," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 239-267.
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    Cited by:

    1. Peter Grosche & Colin Vance, 2009. "Willingness to Pay for Energy Conservation and Free-Ridership on Subsidization: Evidence from Germany," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 135-154.
    2. Grösche Peter & Schmidt Christoph M. & Vance Colin, 2013. "Identifying Free-riding in Home Renovation Programs Using Revealed Preference Data," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 233(5-6), pages 600-618, October.
    3. Zhou, Zhongbing & Qin, Quande & Wei, Yi-Ming, 2020. "Government intervention in energy conservation: Justification and warning," Energy Economics, Elsevier, vol. 90(C).
    4. Peter Grösche & Colin Vance, 2008. "Willingness-to-Pay for Energy Conservation and Free-Ridership on Subsidization – Evidence from Germany," Ruhr Economic Papers 0058, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    5. Palmer, Karen & Newell, Richard & Gillingham, Kenneth, 2004. "Retrospective Examination of Demand-side Energy-efficiency Policies," Discussion Papers dp-04-19, Resources For the Future.
    6. Frondel, Manuel & Grösche, Peter & Tauchmann, Harald & Vance, Colin & Christiansen, Gerhard & Müller, Ute, 2007. "Erhebung des Energieverbrauchs der privaten Haushalte für das Jahr 2005: Endbericht. Forschungsprojekt Nr. 15/06 des Bundesministeriums für Wirtschaft und Technologie (BMWi)," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 70877.
    7. Herman R.J. Vollebergh, 2006. "Differential Impact of Environmental Policy Instruments on Technological Change: A Review of the Empirical Literature," Tinbergen Institute Discussion Papers 07-042/3, Tinbergen Institute.
    8. repec:zbw:rwirep:0058 is not listed on IDEAS

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