Energy-efficient investments in housing

Kelly C. Bishop and Ozgen Kiribrahim-Sarikaya

Regional Science and Urban Economics, 2024, vol. 107, issue C

Abstract: In recent years, many papers in environmental economics have considered the household’s decision to invest in energy-efficient technologies for their home. The vast majority of these studies have concluded that investment levels in these technologies are sub-optimal for a variety of reasons. In this paper, we synthesize the suggested drivers of these investment wedges and propose a dynamic modeling framework of a housing choice and an energy-efficient-investment choice that includes the proposed channels. We discuss the estimation challenges associated with this model and conclude with suggestions for future research.

Keywords: Housing; Dynamics; Energy efficiency; Green building (search for similar items in EconPapers)
JEL-codes: Q50 R20 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:107:y:2024:i:c:s0166046224000188

DOI: 10.1016/j.regsciurbeco.2024.103994

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