HOUSEHOLD-SPECIFIC SOCIAL NORMS, THE ELASTICITY OF ELECTRICITY DEMAND, AND CARBON EMISSION REDUCTIONS IN THE RESIDENTIAL SECTOR: EVIDENCE FROM A NATURAL EXPERIMENT IN RUSSIA
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F23%3A10465468" target="_blank" >RIV/00216208:11230/23:10465468 - isvavai.cz</a>
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=f7pmQzCld1" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=f7pmQzCld1</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1142/S2010007823500173" target="_blank" >10.1142/S2010007823500173</a>
Alternative languages
Result language
angličtina
Original language name
HOUSEHOLD-SPECIFIC SOCIAL NORMS, THE ELASTICITY OF ELECTRICITY DEMAND, AND CARBON EMISSION REDUCTIONS IN THE RESIDENTIAL SECTOR: EVIDENCE FROM A NATURAL EXPERIMENT IN RUSSIA
Original language description
In this paper, I estimate the price elasticity of residential electricity demand using household-level panel data for Russia. The study takes advantage of the variation in tariffs across regions and over time, as well as the introduction of increasing block rate (IBR) schemes in a number of regions. I show that in those regions consumers appear to be aware of the block cut-offs, even though the latter are based on the prescribed social norms and are household and dwelling specific, to the point that there are up to a total of 31 different tier cut-offs. Based on these results, I estimate the price elasticity of electricity demand to be around -0.1. I also predict the associated changes in electricity consumption, CO2 emissions, and revenues if similar IBR policies are implemented countrywide.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50201 - Economic Theory
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Climate Change Economics
ISSN
2010-0078
e-ISSN
2010-0086
Volume of the periodical
14
Issue of the periodical within the volume
03
Country of publishing house
SG - SINGAPORE
Number of pages
29
Pages from-to
2350017
UT code for WoS article
000974729200001
EID of the result in the Scopus database
2-s2.0-85158910820