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DOI | 10.1016/j.enpol.2018.03.013 |
Why are rented dwellings less energy-efficient? Evidence from a representative sample of the US housing stock | |
Souza, M. N. M. | |
2018-07-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 118页码:149-159 |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | This paper compares energy-efficient appliance adoption rates across U.S. residential markets. The focus is to explore variation across tenure modes (rented or owner-occupied residences). Bivariate probits are used to correct for endogenous determination of tenure mode and energy efficiency outcomes. Results suggest that, when compared to renters, homeowners are significantly more likely to have energy-efficient appliances. The mechanisms that could be driving those differences are also investigated. Heterogeneity analyses reveal that rented dwellings are more likely to have efficient appliances when landlords incur utility payments. Adoption rate differences are also shown to be inversely related to energy prices. Those findings are consistent with a problem of asymmetric information in the housing market, typically referred to as the "landlord-tenant problem." This paper is also the first to assess how tenancy duration influences efficiency investments in this context. Results suggest that investments in rented homes are more likely to occur at later periods of tenancy, when relations between landlords and tenants might be better established. |
英文关键词 | Energy efficiency Technology adoption Asymmetric information Housing markets Landlord-tenant problem |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000435050000015 |
WOS关键词 | HOME IMPROVEMENT ; GAP |
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/18802 |
专题 | 气候变化 |
作者单位 | Univ Illinois, 414 Mumford Hall,1301 W Gregory Dr, Urbana, IL 61801 USA |
推荐引用方式 GB/T 7714 | Souza, M. N. M.. Why are rented dwellings less energy-efficient? Evidence from a representative sample of the US housing stock[J]. ENERGY POLICY,2018,118:149-159. |
APA | Souza, M. N. M..(2018).Why are rented dwellings less energy-efficient? Evidence from a representative sample of the US housing stock.ENERGY POLICY,118,149-159. |
MLA | Souza, M. N. M.."Why are rented dwellings less energy-efficient? Evidence from a representative sample of the US housing stock".ENERGY POLICY 118(2018):149-159. |
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