Does Daylight Saving Save Energy? A Meta-Analysis
Tomas Havranek,
Dominik Herman () and
Zuzana Irsova
MPRA Paper from University Library of Munich, Germany
Abstract:
The original rationale for adopting daylight saving time (DST) was energy savings. Modern research studies, however, question the magnitude and even direction of the effect of DST on energy consumption. Representing the first meta-analysis in this literature, we collect 162 estimates from 44 studies and find that the mean reported estimate indicates modest energy savings: 0.34% during the days when DST applies. The literature is not affected by publication bias, but the results vary systematically depending on the exact data and methodology applied. Using Bayesian model averaging we identify the most important factors driving the heterogeneity of the reported effects: data frequency, estimation technique (simulation vs. regression), and, importantly, the latitude of the country considered. Energy savings are larger for countries farther away from the equator, while subtropical regions consume more energy because of DST.
Keywords: daylight saving time; energy savings; Bayesian model averaging; meta-analysis; publication bias (search for similar items in EconPapers)
JEL-codes: Q48 (search for similar items in EconPapers)
Date: 2016-10-12
New Economics Papers: this item is included in nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/74518/1/MPRA_paper_74518.pdf original version (application/pdf)
Related works:
Working Paper: Does Daylight Saving Save Energy? A Meta-Analysis (2016)
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: https://EconPapers.repec.org/RePEc:pra:mprapa:74518
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().