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

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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
Original languageEnglish
JournalEnergy Journal
Volume28
Issue number2
Pages (from-to)35-54
ISSN0195-6574
Publication statusPublished - 2007

ID: 1385503