Habit formation and consumption of energy for heating: evidence from a panel of Danish households
Research output: Contribution to journal › Journal article › Research › peer-review
In this paper we ask if consumption of energy for space heating by households is habit forming. A model of intertemporal consumption allocation allowing for habit-forming preferences is estimated on a register-based panel data set with high quality information about consumption of natural gas for a sample of Danish households. Results indicate that preferences are weakly habit forming
Original language | English |
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Journal | Energy Journal |
Volume | 28 |
Issue number | 2 |
Pages (from-to) | 35-54 |
ISSN | 0195-6574 |
Publication status | Published - 2007 |
- Faculty of Social Sciences - consumer economics, Denmark, gas, natural gas
Research areas
ID: 1385503