TY - JOUR
T1 - Estimating the effects of the onset of the energy crisis on residential energy demand
AU - Mayer, Lawrence S.
N1 - Funding Information:
*The author gratefully acknowledges the aid of Jeffrey Robinson in preparmg this paper as well as the atd and comments of Robert Socolow. In addition, the comments and suggesttons of the anonymous reviewers were most helpful in preparing the revrsed version of the paper. Fmally, the author acknowledges the support of the Natronal Science Foundatron (Grant No. 72-03516) and the Energy Research and Development Agency (Grant No. E(ll-1)2789).
Copyright:
Copyright 2014 Elsevier B.V., All rights reserved.
PY - 1978/9
Y1 - 1978/9
N2 - The onset of the energy crisis as indicated by the start of the Arab oil embargo gave both the private and public sector incentive to reduce the domestic demand for natural gas and oil. Through several mechanisms the residential consumer was encouraged to reduce the demand for energy in the home. We examine a community of almost-identical owner-occupied townhouses to assess the degree to which these mechanisms were effective. The homogeneity of the community removes many sources of variation which would plague an analysis of a random sample of American homes. The demand for natural gas, a fuel which is used only for space heating in our townhouses, was reduced significantly but the demand for electricity was unaffected by the onset of the crisis.
AB - The onset of the energy crisis as indicated by the start of the Arab oil embargo gave both the private and public sector incentive to reduce the domestic demand for natural gas and oil. Through several mechanisms the residential consumer was encouraged to reduce the demand for energy in the home. We examine a community of almost-identical owner-occupied townhouses to assess the degree to which these mechanisms were effective. The homogeneity of the community removes many sources of variation which would plague an analysis of a random sample of American homes. The demand for natural gas, a fuel which is used only for space heating in our townhouses, was reduced significantly but the demand for electricity was unaffected by the onset of the crisis.
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U2 - 10.1016/0165-0572(78)90014-2
DO - 10.1016/0165-0572(78)90014-2
M3 - Article
AN - SCOPUS:49349124433
SN - 0928-7655
VL - 1
SP - 57
EP - 92
JO - Resources and Energy Economics
JF - Resources and Energy Economics
IS - 1
ER -