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DOI | 10.1016/j.enpol.2020.111534 |
Responsiveness to energy price changes when salience is high: Residential natural gas demand in Ukraine | |
Alberini A.; Khymych O.; Ščasný M. | |
发表日期 | 2020 |
ISSN | 03014215 |
卷号 | 144 |
英文摘要 | Despite its importance for policy purposes, evidence about the price elasticity of natural gas demand in the residential sector is very limited and based on inference from situations with modest variation in prices. We focus on a locale and time when price changes were extreme and salient to consumers, namely Ukraine between 2013 and 2017. We exploit the tariff reforms and detailed micro-level household consumption records to assess whether consumers adjust their consumption in response to the rate changes and estimate the price elasticity of the demand for natural gas. To isolate behavior, attention is restricted to those households that made no structural energy-efficiency upgrades to their homes, thus keeping the stock of gas-using capital fixed. We find that households are capable of reducing consumption, even without installing insulation or making any other structural modifications to their homes. The price elasticity is about -0.16. Wealthier households, people living in multifamily buildings, and heavy users have more inelastic demands. Households reduced consumption even when they received government assistance. This, and the fact the demand is inelastic, especially for wealthier households, bode well for tariffs or energy tax schemes where wealthier households subsidize the consumption of the poorer ones. © 2020 Elsevier Ltd |
关键词 | Energy transitionResidential gas demandSalienceShort-run price elasticityTariff reforms |
英文关键词 | Elasticity; Energy efficiency; Housing; Taxation; Energy prices; Household Consumption; Natural gas demand; Price changes; Price elasticity; Residential sectors; Structural energies; Structural modifications; Natural gas; demand elasticity; energy policy; natural gas; price dynamics; residential energy; Ukraine |
语种 | 英语 |
来源期刊 | Energy Policy
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204530 |
作者单位 | AREC, University of Maryland, College Park, United States; Charles University Environment Center, Charles University, Prague, Czech Republic |
推荐引用方式 GB/T 7714 | Alberini A.,Khymych O.,Ščasný M.. Responsiveness to energy price changes when salience is high: Residential natural gas demand in Ukraine[J],2020,144. |
APA | Alberini A.,Khymych O.,&Ščasný M..(2020).Responsiveness to energy price changes when salience is high: Residential natural gas demand in Ukraine.Energy Policy,144. |
MLA | Alberini A.,et al."Responsiveness to energy price changes when salience is high: Residential natural gas demand in Ukraine".Energy Policy 144(2020). |
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