Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/30253
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dc.contributor.authorPetrick, Sebastianen_US
dc.contributor.authorRehdanz, Katrinen_US
dc.contributor.authorTol, Richard S. J.en_US
dc.date.accessioned2010-04-21en_US
dc.date.accessioned2010-04-29T15:12:15Z-
dc.date.available2010-04-29T15:12:15Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/30253-
dc.description.abstractTo investigate the link between rising global temperature and global energy use, we estimate an energy demand model that is driven by temperature changes, prices and income. The estimation is based on an unbalanced panel of 157 countries over three decades. We limit the analysis to the residential sector and distinguish four different fuel types (oil, natural gas, coal and electricity). Compared to previous papers, we have a better geographical coverage and consider non-linearities in the impact of temperature on energy demand as well as temperature-income interactions. We find that oil, gas and electricity use are driven by a non-linear heating effect: Energy use not only decreases with rising temperatures due to a reduced demand for energy for heating purposes, but the speed of that decrease declines with rising temperature levels. Furthermore we find evidence that the temperature elasticity of energy use is affected by the level of temperature as well as the level of income.en_US
dc.language.isoengen_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aKiel Working Paper |x1618en_US
dc.subject.jelQ41en_US
dc.subject.jelQ43en_US
dc.subject.ddc330en_US
dc.subject.keywordClimate changeen_US
dc.subject.keywordenergy demanden_US
dc.subject.keywordheating and cooling effecten_US
dc.subject.keywordtemperatureen_US
dc.titleThe impact of temperature changes on residential energy consumptionen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn623993139en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:ifwkwp:1618-

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