Habit formation and consumption of energy for heating: evidence from a panel of Danish households

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

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
OriginalsprogEngelsk
TidsskriftEnergy Journal
Vol/bind28
Udgave nummer2
Sider (fra-til)35-54
ISSN0195-6574
StatusUdgivet - 2007

Bibliografisk note

JEL Classification: D12, Q41

ID: 1385503