BC3. Basque centre for climate change – Klima aldaketa ikergai

  1. Home
  2. Publications
  3. Working papers

Publications

BC3 Working Papers

BC3 Policy Briefings

Working papers also included in

Evaluating the Role of Energy Efficiency Labels: the Case of Dish Washers

Keywords: demand systems, hedonic method, energy efficiency labelling, household appliances (dishwashers)

Author(s): Ibon Galarraga, Mikel González-Eguino and Anil Markandya

Date: 2010-17-05

Issue: 2010-06

  Download this working paper (206 KB.)


This article uses the hedonic approach to estimate how much is paid for the energy efficiency label on the dishwasher market in Spain. The estimated figure is 15.6% of the final price. This accounts for about 80€ of the average price. We use this estimate combined with a demand systems to obtain own and cross price elasticities of demand, vital for policy designing and analysis. This is done by combining the use of the estimate with the Quantity Based Demand System (QBDS) model to completely determine the demand function for different dishwashers. Finally, the elasticity results are compared with the figure calculated using the Linear Almost Ideal Demand System (LA/AIDS). The comparison of the results confirms that the QBDS model is easier to handle and less data demanding than the LA/AIDS model but provide reliable estimates of demand elasticities.

<< Back to the WP list








[X]
We use cookies of our own and of third parties to improve our services and to be able to offer you, by means of web browsing analysis, the best options.
If you continue browsing, we assume that you agree to their use. For further information, please click here.