Economics at your fingertips  

Energy efficiency investments in small and medium sized manufacturing firms: The case of California energy crisis

Dilek Uz

Energy Economics, 2018, vol. 70, issue C, 421-428

Abstract: This paper investigates the effect of the 2000 California energy crisis on the take up of an engineering audit program funded by the Department of Energy, aiming operational improvements in various domains, including energy efficiency, at small and medium sized firms. Using a publicly available data set containing detailed information on both firm characteristics and the specifics of the recommendations made, a linear probability model is estimated using difference-in-difference strategy. In order to keep the treatment and the control groups as comparable as possible for ensuring credible identification, the firms that applied to be audited and made the take up decision before the crisis are compared to those that applied right before the crisis and had to decide after the crisis started. The results show that the 2000 California energy crisis was associated with about a 15% increase in the take up of the IAC energy efficiency recommendations. The coefficient estimate is statistically significant and robust to different model specifications.

Keywords: Energy efficiency; Manufacturing firms; California energy crisis (search for similar items in EconPapers)
JEL-codes: D8 H8 L2 Q40 Q47 Q48 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
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:

Access Statistics for this article

Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

More articles in Energy Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-03-31
Handle: RePEc:eee:eneeco:v:70:y:2018:i:c:p:421-428