气候变化领域集成服务门户(CCPortal): Equity implications of market structure and appliance energy efficiency regulation

CCPortal

DOI	10.1016/j.enpol.2022.112943
	Equity implications of market structure and appliance energy efficiency regulation
	Spurlock C.A.; Fujita K.S.
发表日期	2022
ISSN	0301-4215
卷号	165
英文摘要	Minimum efficiency standards for products such as appliances are economically efficient when they correct a market failure. Negative ramifications of these standards, particularly for credit constrained or low-income consumers, such as increased prices or decreased choice, are contingent on the pricing behavior of suppliers. We use market point of sales data to estimate the change in price and efficiency of clothes washers following the change in United States minimum efficiency standards in 2004 and 2007, differentiated by market segment. With a relatively narrow confidence interval, the average price of the baseline market segment did not change significantly concurrent with either the 2004 or 2007 standard change, while efficiency of these products increased by 30%, resulting in significant financial savings for consumers of the least expensive baseline products. The highest efficiency products experienced a significant drop in price and increase in efficiency as well, particularly following the 2007 standard change. The results suggest that the effect of this increase in minimum efficiency standards for clothes washers was beneficial to all consumers, but particularly those with lower incomes or renters. Low-income consumers were not priced out of the market, but rather benefited particularly. We offer discussion of potential explanations of these findings. © 2022 The Authors
英文关键词	Distributional impact; Energy efficiency; Equity; Market power; Minimum efficiency standards
语种	英语
scopus关键词	Commerce; Consumer behavior; Costs; Energy efficiency; Financial markets; Confidence interval; Distributional impact; Equity; Low incomes; Market failures; Market Power; Market segment; Market structures; Minimum efficiency standards; Point-of-sale datum; Domestic appliances; electronic equipment; energy efficiency; energy market; industrial performance; market conditions; regulatory approach
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256242
作者单位	Lawrence Berkeley National Laboratory, Mailstop 90R2002, Berkeley, CA 94720, United States
推荐引用方式 GB/T 7714	Spurlock C.A.,Fujita K.S.. Equity implications of market structure and appliance energy efficiency regulation[J],2022,165.
APA	Spurlock C.A.,&Fujita K.S..(2022).Equity implications of market structure and appliance energy efficiency regulation.Energy Policy,165.
MLA	Spurlock C.A.,et al."Equity implications of market structure and appliance energy efficiency regulation".Energy Policy 165(2022).