The impacts of energy efficiency policies: Meta-analysis
Pedro Linares and
Energy Policy, 2020, vol. 147, issue C
This paper attempts to quantitatively summarize the existing empirical evidence on the effects of energy efficiency policies on energy demand and on the price of associated durable goods, as well as to identify the main factors that systematically affect the estimated impacts. To this end, a meta-regression analysis of the effects of energy efficiency policies is carried out on the basis of an extensive review of the existing literature, selecting those studies that analyze the impact of energy efficiency policies with respect to a business-as-usual setting. Taking into account the econometric problems associated with this type of analysis (intra-class correlation, cross-sectional dependence, publication bias) in pursuit of robust outcomes, the results show that the studies analyzing the effects of energy efficiency policies estimate a significant impact of these policies on energy demand [-10.5%; −8.8%] and the price of related durable goods [7%; 9.6%]. The main factors that influence results are the policy instrument, the targeted sector, the type of country, the analyzed period, the consideration of free-riders, and the type of analysis, data and publication (energy demand); and the sector and analyzed period (price of durables).
Keywords: Energy efficiency; meta-Analysis; Energy demand; Price of durables (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:147:y:2020:i:c:s0301421520305115
Access Statistics for this article
Energy Policy is currently edited by N. France
More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().