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http://hdl.handle.net/1893/36477
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DC Field | Value | Language |
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dc.contributor.author | Sejas-Portillo, Rodolfo | en_UK |
dc.contributor.author | Moro, Mirko | en_UK |
dc.contributor.author | Stowasser, Till | en_UK |
dc.date.accessioned | 2024-11-15T01:01:48Z | - |
dc.date.available | 2024-11-15T01:01:48Z | - |
dc.identifier.uri | http://hdl.handle.net/1893/36477 | - |
dc.description.abstract | Using British data on over 7 million residential-property sales, we find that the provision of simplified energy-efficiency (EE) information leads to important market effects. UK legislation requires the use of an energy label that shows an EE rating score (1–100) mapped into arbitrary color-coded rating bands (A–G). Applying a regression-discontinuity design, we document significant price discontinuities at rating-band thresholds, providing evidence of heuristic thinking in the market. Importantly, these price discontinuities influence market behavior as sellers are more likely to make EE investments if their property is just below a threshold. We discuss policy considerations and avenues for future research. | en_UK |
dc.language.iso | en | en_UK |
dc.publisher | American Economic Association | en_UK |
dc.relation | Sejas-Portillo R, Moro M & Stowasser T (2024) The Simpler the Better? Threshold Effects of Energy Labels on Property Prices and Energy-Efficiency Investments. <i>American Economic Journal: Applied Economics</i>. | en_UK |
dc.rights | This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. | en_UK |
dc.subject | JEL: D12 | en_UK |
dc.subject | D40 | en_UK |
dc.subject | D83 | en_UK |
dc.subject | D91 | en_UK |
dc.subject | L15 | en_UK |
dc.subject | Q48 | en_UK |
dc.subject | R31 | en_UK |
dc.title | The Simpler the Better? Threshold Effects of Energy Labels on Property Prices and Energy-Efficiency Investments | en_UK |
dc.type | Journal Article | en_UK |
dc.rights.embargodate | 2028-06-20 | en_UK |
dc.rights.embargoreason | [The_Simpler_The_Better_Nov2023.pdf] The publisher has not responded to our queries therefore there is an embargo on the full text of the work. | en_UK |
dc.citation.jtitle | American Economic Journal: Applied Economics | en_UK |
dc.citation.issn | 1945-7790 | en_UK |
dc.citation.issn | 1945-7782 | en_UK |
dc.citation.peerreviewed | Refereed | en_UK |
dc.type.status | AM - Accepted Manuscript | en_UK |
dc.type.status | NA - Not Applicable (or Unknown) | en_UK |
dc.author.email | mirko.moro@stir.ac.uk | en_UK |
dc.description.notes | Output Status: Forthcoming | en_UK |
dc.contributor.affiliation | London School of Economics | en_UK |
dc.contributor.affiliation | Economics | en_UK |
dc.contributor.affiliation | Economics | en_UK |
dc.identifier.wtid | 2048671 | en_UK |
dc.date.accepted | 2024-06-20 | en_UK |
dcterms.dateAccepted | 2024-06-20 | en_UK |
dc.date.filedepositdate | 2024-10-03 | en_UK |
rioxxterms.apc | not required | en_UK |
rioxxterms.version | AM | en_UK |
local.rioxx.author | Sejas-Portillo, Rodolfo| | en_UK |
local.rioxx.author | Moro, Mirko| | en_UK |
local.rioxx.author | Stowasser, Till| | en_UK |
local.rioxx.project | Internal Project|University of Stirling|https://isni.org/isni/0000000122484331 | en_UK |
local.rioxx.freetoreaddate | 2028-06-20 | en_UK |
local.rioxx.licence | http://www.rioxx.net/licenses/under-embargo-all-rights-reserved||2028-06-19 | en_UK |
local.rioxx.licence | http://www.rioxx.net/licenses/all-rights-reserved|2028-06-20| | en_UK |
local.rioxx.filename | The_Simpler_The_Better_Nov2023.pdf | en_UK |
local.rioxx.filecount | 2 | en_UK |
local.rioxx.source | 1945-7790 | en_UK |
Appears in Collections: | Economics Journal Articles |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
The_Simpler_The_Better_Nov2023.pdf | Fulltext - Accepted Version | 2.16 MB | Adobe PDF | Under Embargo until 2028-06-20 Request a copy |
The_Simpler_The_Better_ Online_Appendix.pdf | 1.21 MB | Adobe PDF | View/Open |
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