Journal
ENVIRONMENTAL RESEARCH LETTERS
Volume 10, Issue 4, Pages -Publisher
IOP PUBLISHING LTD
DOI: 10.1088/1748-9326/10/4/044015
Keywords
technology adoption; energy efficiency; consumer behavior; discrete choice
Funding
- People Programme (Marie Curie Actions) of the European Union's Seventh Framework Programme under REA grant [PIEF-GA-2012-331154]
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This paper provides novel evidence on the main factors behind consumer choices regarding investments in energy efficiency and renewable energy technologies using the OECD Survey on Household Environmental Behaviour and Attitudes. The empirical analysis is based on the estimation of binary logit regression models. Empirical results suggest that households' propensity to invest in clean energy technologies depends mainly on home ownership, income, social context and household energy conservation practices. Indeed, home owners and high-income households are more likely to invest than renters and low-income households. In addition, environmental attitudes and beliefs, as manifest in energy conservation practices or membership in an environmental non-governmental organisation, also play a relevant role in technology adoption.
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