Estimating the direct rebound effect for residential electricity use in seventeen European countries: Short and long-run perspectives

被引:9
作者
Massie, Camille [1 ]
Belaid, Fateh [2 ]
机构
[1] Univ Lyon, Ecole Normale Super Lyon, Ctr Econ Res Governance Inequal & Conflict, Lyon, France
[2] King Abdullah Petr Studies & Res Ctr, POB 88550, Riyadh 11672, Saudi Arabia
关键词
Energy transition; Rebound effect; Energy efficiency; efficiency electricity consumption; European countries; GMM; -difference; UNIT-ROOT TESTS; ENERGY EFFICIENCY; PANEL-DATA; EMPIRICAL-EVIDENCE; PRICE ELASTICITY; DEMAND; CONSUMPTION; HOUSEHOLDS;
D O I
10.1016/j.eneco.2024.107571
中图分类号
F [经济];
学科分类号
02 ;
摘要
The energy saved by improving the building efficiency of European households may not be as much as expected due to a rebound effect. Based on Eurostat and World Bank annual panel data covering the period 1996-2020, this article develops dynamic panel approaches, a generalized method of moments, and first-difference specifications, to investigate the direct rebound effect of residential electricity consumption in selected European countries. Instrumental variable techniques are used to tackle the reverse causality of the electricity price in a demand model. Estimates of the direct rebound effect in residential electricity use are 18% in the short-run and 43% in the long-run. Our findings reject the hypothesis of a backfire effect in residential electricity demand. They have important implications for policy makers, suggesting the need for smart policies that consider energy consumption behaviors and decision-making processes among various households.
引用
收藏
页数:15
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