Electricity Consumption and Durable Housing: Understanding Cohort Effects

Dora L. Costa and Matthew Kahn ()

American Economic Review, 2011, vol. 101, issue 3, pages 88-92

Abstract: We find that households living in California homes built in the 1960s and 1970s had high electricity consumption in 2000 relative to houses of more recent vintages because the price of electricity at the time of home construction was low. Homes built in the early 1990s had lower electricity consumption than homes of earlier vintages because the price of electricity was higher. The elasticity of the price of electricity at the time of construction was -0.22. As homes built between 1960 and 1989 become a smaller share of the housing stock, average household electricity purchases will fall.

Date: 2011
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/aer.101.3.88 (application/pdf)
http://www.aeaweb.org/aer/data/may2011/P2011_1614_data.zip dataset accompanying article (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: Electricity Consumption and Durable Housing: Understanding Cohort Effects (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:aea:aecrev:v:101:y:2011:i:3:p:88-92

Ordering information: This journal article can be ordered from
http://www.aeaweb.org/subscribe.html

Access Statistics for this article

American Economic Review is edited by Pinelopi Koujianou Goldberg

More articles in American Economic Review from American Economic Association
Contact information at EDIRC.
Series data maintained by Jane Voros ().