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Carbon Dioxide Emissions and aging: Disentangling behavior from energy efficiency

Dorothée Charlier () and Bérangère Legendre ()

No 2020.13, Working Papers from FAERE - French Association of Environmental and Resource Economists

Abstract: Demographic aging affects Western societies and calls for the adaptation of a number of economic structures, such as pension systems. But this trend requires us to take into account the behavioral changes inherent in aging if we are develop sustainably, specifically concerning resource consumption and carbon dioxide emissions in the context of global warming. The aim of this research is to assess the impact of aging on emissions by disentangling the pure effect of behavioral patterns and the effect of home energy efficiency. Showing that a selection bias arises through the choice of home, we isolate the pure effect of the behavior of older people. We use a discrete-continuous model to address potential endogeneity in a residential energy consumption model due to the choice of home energy characteristics. As a key contribution, we provide evidence that age does have a significant but indirect impact on carbon dioxide emissions, through the choice of dwelling.

Keywords: carbon dioxide emissions; aging; empirical analysis; endogeneity (search for similar items in EconPapers)
JEL-codes: J14 Q41 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2020-06
New Economics Papers: this item is included in nep-age, nep-ene and nep-env
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