Detail publikace

Household-Specific Social Norms, the Elasticity of Electricity Demand, and Carbon Emissions Reductions in the Residential Sector: Evidence from a Natural Experiment in Russia

Autor: Salim Turdaliev BSc M.A.,
Typ: Články v impaktovaných časopisech
Rok: 2023
Číslo: 0
ISSN / ISBN: 2010-0078
Publikováno v: Climate Change Economics
Místo vydání:
Klíčová slova: residential electricity demand, post-Soviet economy, social norms, natural experiment, increasing block rates, CO2 emissions.
JEL kódy: Q41, Q48, L98, L94
Citace: Turdaliev S. (2023). Household-Specific Social Norms, the Elasticity of Electricity Demand, and Carbon Emissions Reductions in the Residential Sector: Evidence from a Natural Experiment in Russia, Climate Change Economics,doi.org/10.1142/S2010007823500173
Granty: GAUK 454120 Efekt nelineárního tarifu na poptávku po energiích a investic do předmětů dlouhodobé spotřeby v tranzitivních ekonomikách: Odhady využívající mikro data a přirozený experiment
Abstrakt: 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.

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