2015
DOI: 10.1111/joie.12074
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Does Energy Consumption Respond to Price Shocks? Evidence from a Regression‐Discontinuity Design

Abstract: Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in… Show more

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Cited by 6 publications
(5 citation statements)
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“…Examples of novel instruments include a household paying the electricity bill to their landlord (Do & Le, 2023) and the provision of a faulty cookstove (Agurto Adrianzén, 2013). Examples of discontinuities exploited for analysis include a price regulation policy date as a cut-off (Castro Pérez & Flores, 2023) and energy consumption levels in the context of a tariff policy (Bastos et. al.…”
Section: Impact Evaluations Methodsmentioning
confidence: 99%
“…Examples of novel instruments include a household paying the electricity bill to their landlord (Do & Le, 2023) and the provision of a faulty cookstove (Agurto Adrianzén, 2013). Examples of discontinuities exploited for analysis include a price regulation policy date as a cut-off (Castro Pérez & Flores, 2023) and energy consumption levels in the context of a tariff policy (Bastos et. al.…”
Section: Impact Evaluations Methodsmentioning
confidence: 99%
“…In the paper, we find that an increase in the average price of natural gas in the utility bill received by consumers induced a statistically significant and prompt decline in residential gas consumption: a 25 percent price increase reduced residential gas consumption by around 4 percent in the subsequent two-month period (see Bastos et al, 2014). This result suggests that policy interventions via the price mechanism may constitute a powerful instrument to influence patterns of residential energy utilization, even in a relatively short time span.…”
Section: Prices and Regulations Matter But Design Matters Toomentioning
confidence: 97%
“…In a recent paper with other colleagues (Bastos et al, 2014),we exploit the introduction of a new tariff schedule for residential natural gas in the Greater Buenos Aires area, Argentina, to estimate the short-run impact of price increases on residential natural gas consumption. The new tariff schedule introduced a non-linear and non-monotonic relationship between households' accumulated consumption and unit prices, thus generating exogenous price variation, which we exploited in a regression-discontinuity (RD) design.…”
Section: Prices and Regulations Matter But Design Matters Toomentioning
confidence: 99%
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“…Its formula combines two targeting elements not typically applied together to assess the energy burden, namely income means-testing and the expected volume of energy consumption. The latter is based on household size, dwelling type, and size, and is regionally and seasonally adjusted, but-unlike others, such as the one in Argentina documented in Bastos et al (2015)-not on historical or current actual consumption. Since the calculation of the HUS neither penalizes nor rewards heavier or lighter users, we do not expect it to engender incentives to either over-or under-consume.…”
Section: Conclusion and Policy Implicationsmentioning
confidence: 99%