出版社：Energiewirtschaftliches Institut an der Universität zu Köln
摘要：Governments worldwide spend increasing amounts of money on policy schemes to reduce energy consumptionand related carbon emissions. We investigate the actual treatment e ect of energy eciencymeasures and therein compare actual demand responses to technological potentials. Based on a demandsystem analysis of household data and by approximating unobserved energy awareness, we nd economic andbehavioural responses that counteract expected savings from energy eciency. Results show strong reboundand even back ring e ects but also suggest heterogeneity of the e ectiveness driven by behavioural concepts,such as sunk cost fallacy or habit formation. Understanding these can contribute to target-oriented policydesigns and increased e ectiveness and eciency of policies
关键词：Policy evaluation; household demand; unobserved heterogeneity; energy eciency
