Does Extending Daylight Saving Time Save Energy? Evidence from an Australian Experiment
Ryan Kellogg and
Hendrik Wolff (hgwolff@u.washington.edu)
No 2704, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
Several countries are considering extending Daylight Saving Time (DST) in order to conserve energy, and the U.S. will extend DST by one month beginning in 2007. However, projections that these extensions will reduce electricity consumption rely on extrapolations and simulations rather than empirical evidence. This paper, in contrast, examines a quasi-experiment in which parts of Australia extended DST in 2000 to facilitate the Sydney Olympics. Using detailed panel data and a triple differences specification, we show that the extension did not conserve electricity, and that a prominent simulation model overstates electricity savings when it is applied to Australia.
Keywords: daylight saving time; public economics; energy (search for similar items in EconPapers)
JEL-codes: C21 Q48 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2007-03
New Economics Papers: this item is included in nep-ene
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Citations: View citations in EconPapers (13)
Published - published in: Journal of Environmental Economics and Management, 2008, 56 (3), 207-220
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