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The Benefits of Information on the Efficient Usage of Consumer Durables

  • Isamu Matsukawa

    (Musashi University)

This paper attempts to measure how information provision affects usage of consumer durables, using data on residential demand for electricity in Japan. Assuming that consumer preferences are well described by a translog indirect utility function, a discrete-continuous model of information and usage choice is estimated to examine the effects of information about efficient usage of electric appliances. The empirical results indicate that information provision contributed to energy conservation.

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File URL: http://econwpa.repec.org/eps/othr/papers/0501/0501005.pdf
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Paper provided by EconWPA in its series Others with number 0501005.

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Length: 27 pages
Date of creation: 01 Feb 2005
Date of revision:
Handle: RePEc:wpa:wuwpot:0501005
Note: Type of Document - pdf; pages: 27
Contact details of provider: Web page: http://econwpa.repec.org

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  15. Mervyn A. King, 1980. "An econometric model of tenure choice and demand for housing as a joint decision," NBER Chapters, in: Econometric Studies in Public Finance, pages 137-159 National Bureau of Economic Research, Inc.
  16. Conrad, K & Schroder, M, 1991. "Demand for Durable and Nondurable Goods, Environmental Policy and Consumer Welfare," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 6(3), pages 271-86, July-Sept.
  17. Hassett, Kevin A. & Metcalf, Gilbert E., 1995. "Energy tax credits and residential conservation investment: Evidence from panel data," Journal of Public Economics, Elsevier, vol. 57(2), pages 201-217, June.
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  20. Jerry A. Hausman, 1979. "Individual Discount Rates and the Purchase and Utilization of Energy-Using Durables," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 33-54, Spring.
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  22. Barnes, Roberta & Gillingham, Robert & Hagemann, Robert, 1981. "The Short-run Residential Demand for Electricity," The Review of Economics and Statistics, MIT Press, vol. 63(4), pages 541-52, November.
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  25. Dumagan, Jesus C. & Mount, Timothy D., 1991. "Measuring the Consumer Welfare Effects of Carbon Penalties: Theory and Applications to Household Energy Demand," Working Papers 128147, Cornell University, Department of Applied Economics and Management.
  26. Parks, Richard W. & Weitzel, David, 1984. "Measuring the consumer welfare effects of time-differentiated electricity prices," Journal of Econometrics, Elsevier, vol. 26(1-2), pages 35-64.
  27. Greening, Lorna A & Sanstad, Alan H & McMahon, James E, 1997. "Effects of Appliance Standards on Product Price and Attributes: An Hedonic Pricing Model," Journal of Regulatory Economics, Springer, vol. 11(2), pages 181-94, March.
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  29. Paul W. Parfomak & Lester B. Lave, 1996. "How Many Kilowatts are in a Negawatt? Verifying Ex Post Estimates of Utility Conservation Impacts at the Regional Level," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 59-87.
  30. Isamu Matsukawa, 2004. "The Effects of Information on Residential Demand for Electricity," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 1-18.
  31. Herriges, Joseph A & King, Kathleen Kuester, 1994. "Residential Demand for Electricity under Inverted Block Rates: Evidence from a Controlled Experiment," Journal of Business & Economic Statistics, American Statistical Association, vol. 12(4), pages 419-30, October.
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