HOW DOES INFORMATION PROVISION AFFECT RESIDENTIAL ENERGY CONSERVATION? EVIDENCE FROM A FIELD EXPERIMENT

  • Isamu Matsukawa Musashi University
Keywords: information effects, energy conservation, discrete−continuous model,

Abstract

This paper attempts to measure the benefits of information about efficient usage of electric appliances consumers receive through energy conservation, using data from a Japanese experiment. In the experiment, households could easily obtain information on how to achieve efficient usage of electric appliances through a display installed at their residence. The data were used to estimate a utility-consistent, discrete−continuous model of display usage and electricity demand. Full information maximum likelihood estimates of a translog indirect utility function and electricity cost share function indicate that information provision contributed to energy conservation and to welfare improvements of consumers in the experiment.

Published
2011-01-01
Section
Articles