Essays on the economics of building energy performance in the residential sector

Abstract : This PhD dissertation aims at better understanding some features of the market for building energy performance in the residential sector and at evaluating the effectiveness of three policy interventions to encourage energy retrofit: Energy Performance Certificates (EPCs), tax credit for energy retrofit, and energy taxation. The first chapter of the thesis surveys the literature on building energy performance certification: there is strong evidence that households value building energy performance when buying or renting a dwelling. The second chapter provides a theoretical analysis of the impact of EPCs and shows that EPCs can decrease or increase energy consumption depending on the time horizon and the heterogeneity of energy demand in the population. The third chapter develops a simulation based on the aforementioned model and suggests that EPCs need to be supplemented by other policy instruments to reduce energy consumption. Relying on French micro-panel data, the fourth chapter econometrically analyzes the impact of a tax credit rate increase for energy retrofit and finds that it can substantially boost expenditures for investments targeted by the tax credit. The last chapter econometrically analyzes how energy prices affect households’ decisions to invest in building energy performance and does not find any statistical evidence of an effect of an increase in energy fuel price.
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Paul-Hervé Tamokoué Kamga. Essays on the economics of building energy performance in the residential sector. Economics and Finance. PSL Research University, 2018. English. ⟨NNT : 2018PSLEM052⟩. ⟨tel-02274399⟩

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