Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/308498 
Year of Publication: 
2023
Citation: 
[Journal:] Environmental and Resource Economics [ISSN:] 1573-1502 [Volume:] 85 [Issue:] 1 [Publisher:] Springer Netherlands [Place:] Dordrecht [Year:] 2023 [Pages:] 29-63
Publisher: 
Springer Netherlands, Dordrecht
Abstract: 
We compare the performance of four types of support schemes aimed at improving residential energy efficiency in France: the income tax credit, a grant scheme, the reduction of the value-added tax, and the White Certificates. We use the TREMI dataset which covers close to 14,000 households that conducted conservation works. To address self-selection bias, we use a double-robust inverse probability weighting estimator. We assess the effect of the adoption of each scheme on the funding acquired, the private and total investment, and the reduction of the household energy expenses. For each scheme, we use the estimates to deduct its cost-effectiveness, the involved redistribution, and its ability to trigger additional investment in energy conservation works. We find funding from the schemes to reduce energy expenses most cost-effectively via the White Certificates. Redistribution is neutral for each of the four schemes: higher and lower income households equally benefit from them.
Subjects: 
Energy efficiency
Energy conservation
Residential retrofits
Cost-effectiveness
Redistribution
Inverse probability weighting
JEL: 
H23
Q58
Q84
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article
Document Version: 
Published Version

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