Incentives for investment in energy efficiency: an econometric evaluation and policy implications
Technical studies suggest that there exist many opportunities to improve energy efficiency, and that a substantial proportion is profitable by current business standards. This study deals with the question why so many of these profitable opportunities are not used. Reasons for not implementing profitable opportunities are idetified, and their effect is estimated on the basis ofa survey among Dutch firms, designed specifically for this study. The reasons that prevail indicate what policy measures may accompany energy taxes in the pursuit of energy efficiency improvement. In addition, energy efficiency elasticities are estimated, as well as the factors that determine the elasticities. These too indicate opportunities for government policy, if it wants to improve the effectiveness of energy taxes. Copyright Kluwer Academic Publishers 1993
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Volume (Year): 3 (1993)
Issue (Month): 2 (April)
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- Deaton, Angus, 1974. "A Reconsideration of the Empirical Implications of Additive Preferences," Economic Journal, Royal Economic Society, vol. 84(334), pages 338-48, June.
- Bovenberg, A.L. & Mulder, R.J. & Oudshoorn, C. & van Sinderen, J., 1991. "Instrumenten voor het energiebesparingsbeleid," Other publications TiSEM 13f21767-d176-4810-898f-a, Tilburg University, School of Economics and Management.
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