Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2019.01.057 |
The impact of EU's energy labeling policy: An econometric analysis of increased transparency in the market for cold appliances in Denmark | |
Bjerregaard, Casper; Moller, Niels Framroze | |
2019-05-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 128页码:891-899 |
文章类型 | Article |
语种 | 英语 |
国家 | Denmark |
英文摘要 | In 2010 the EU decided to change the energy efficiency label for electrical appliances, so that the most effective appliances became more visible to consumers. We apply a Cointegrated Vector-Auto-Regressive (CVAR) model to assess the quantitative impact of this change on monthly sales (2005-2017) in the Danish markets for cold appliances of high and low efficiencies. The data support large effects with the expected signs. In particular, we find that the change increased sales of high-efficiency appliances by 55%, at the announcement, and by a further 42% when implemented. Sales of low-efficiency appliances were not affected by the announcement, but decreased, as a result of the implementation for online sales by 45%. These conclusions derive from the analysis of a well-specified VAR within which we take into account sample dependence, outliers and exogenous level shifts. |
英文关键词 | EU environmental policy Energy efficiency labels Vector Auto-Regressive model Cointegration Cointegrated VAR |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000463688800083 |
WOS关键词 | STANDARDS |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/182795 |
专题 | 气候变化 |
作者单位 | Tech Univ Denmark, Lyngby, Denmark |
推荐引用方式 GB/T 7714 | Bjerregaard, Casper,Moller, Niels Framroze. The impact of EU's energy labeling policy: An econometric analysis of increased transparency in the market for cold appliances in Denmark[J]. ENERGY POLICY,2019,128:891-899. |
APA | Bjerregaard, Casper,&Moller, Niels Framroze.(2019).The impact of EU's energy labeling policy: An econometric analysis of increased transparency in the market for cold appliances in Denmark.ENERGY POLICY,128,891-899. |
MLA | Bjerregaard, Casper,et al."The impact of EU's energy labeling policy: An econometric analysis of increased transparency in the market for cold appliances in Denmark".ENERGY POLICY 128(2019):891-899. |
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