期刊
RAND JOURNAL OF ECONOMICS
卷 39, 期 2, 页码 530-546出版社
BLACKWELL PUBLISHING
DOI: 10.1111/j.0741-6261.2008.00026.x
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This article describes a household production model in which energy-efficient durable goods cost less to operate so households may use them more. The model is estimated using household-level data from a field trial in which participants received high-efficiency clothes washers free of charge. The estimation strategy exploits this quasi-random replacement of washers to derive precise estimates of the household production technology and a demand function for clothes washing. During the field trial, households increased clothes washing on average by 5.6% after receiving a high-efficiency washer, implying a price elasticity of -.06. The complete model is used to evaluate the cost-effectiveness of recent changes in minimum efficiency standards for clothes washers.
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