Electricity consumption and durable housing
Subtitle: understanding Cohort effects
By: Dora L. Costa, Matthew E. Kahn
Contributors: Kahn, Matthew E., 1966-; National Bureau of Economic Research
Series: NBER working paper series -- working paper 16732; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16732.
Publisher: National Bureau of Economic Research
Published: 2011
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] :
Description: "We find that households living in California homes built in the 1960s and 1970s had high electricity consumption in 2000 relative to houses of more recent vintages because the price of electricity at the time of home construction was low.  Homes built in the early 1990s had lower electricity consumption than homes of earlier vintages because the price of electricity was higher.  The elasticity of the price of electricity at the time of construction was -0.22.  As homes built between 1960 and 1989 become a smaller share of the housing stock, average household electricity purchases will fall"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 4/28/2011.

Includes bibliographical references.

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