Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/224479
Authors: 
Baikowski, Martin
Koesler, Simon
Year of Publication: 
2020
Series/Report no.: 
CAWM Discussion Paper No. 120
Abstract: 
Changes in energy consumption behaviour of households are recognised as a main contributor to reduced energy demand in developed countries. We investigate the economy-wide impacts of a more efficient electricity consumption behaviour in the presence of demand rigidities and consumption habits. Our findings demonstrate that in the context of energy efficiency improvements in households, taking into account rebound effects is vital, as rebound effects can drastically reduce expected energy savings. We further point out that policies aimed at reducing household energy consumption should always take demand rigidities and consumption habits into account, otherwise rebound effects could be significantly underestimated.
Subjects: 
rebound
demand rigidities
energy service consumption
consumption habits
JEL: 
D13
D58
Q41
Q43
Document Type: 
Working Paper

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