Analysing the Impact of ENERGY STAR Rebate Policies in the US

Souvik Datta and Massimo Filippini

No 12-86, CEPE Working paper series from CEPE Center for Energy Policy and Economics, ETH Zurich

Abstract: In this paper we estimate the impact of rebate policies in various US states on the share of sales of ENERGY STAR household appliances between 2001 and 2006. We use a difference-in-difference approach to exploit the variation in the rebate policies over time and across US states to estimate their effect on the share of sales of ENERGY STAR household appliances. To account for the possibility of an endogenous rebate policy we use an instrumental variables approach in a fixed effects panel data regression model. Results suggest that rebate policies increase the share of sales of ENERGY STAR household appliances by around 7.4% and this represents an impact of around 21% on the mean level of the share of sales of ENERGY STAR household appliances in the US between 2001 and 2006.

Keywords: Residential appliances; ENERGY STAR; Rebate policies; Difference-in-difference (search for similar items in EconPapers)
JEL-codes: D D1 Q Q4 Q5 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2012-02
New Economics Papers: this item is included in nep-ene
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Citations: View citations in EconPapers (9)

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