2024-03-28T20:35:30Z
https://nagoya.repo.nii.ac.jp/oai
oai:nagoya.repo.nii.ac.jp:02005361
2023-04-06T07:17:15Z
659:853:854:1680587935846
Proxy Variables for Energy Saving Performance in Estimation Price Function of Home Appliances
家電製品の価格関数推定における省エネ性能の代理変数
小西, 葉子
KONISHI, Yoko
Home appliances
Energy saving label
Hedonic Price function
Point of Sales (POS)
This paper estimates the hedonic price function from January 1998 to October 2019 using Point of Sales (POS) data of TVs, air conditioners, refrigerators, rice cookers, vacuum cleaners, and washing machines. While controlling for the standard specifications of each product, POS data was used to observe whether the degree of energy-saving functions and the presence or absence of additional functions contributed to higher value added. The largest difficulty is determining what specifications are representative of each product over an approximate 20-year span to select appropriate energy-saving performance proxy variables. In the empirical results, we were able to observe the effects of past and current consumption tax increases on each product market, as well as the effects of extreme weather, such as high temperatures, on each product market. Our estimation results showed that product size/volume and energy-saving functions are effective in explaining the price model of home appliances.
departmental bulletin paper
名古屋大学大学院経済学研究科
Graduate School of Economics Nagoya University
2023-03
application/pdf
経済科学
4
70
103
117
The Economic Science
0022-9725
2434-5741
https://nagoya.repo.nii.ac.jp/record/2005361/files/08_KONISHI-Yoko.pdf
jpn