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  1. Regional determinants of residential energy expendi- tures and the principal-agent problem in Austria

    Hill, Daniel R.
    The aim of this paper is twofold: 1) to examine the determinants of residential energy expenditures and compare them on a regional level; and, 2) attempt to identify and measure the effect of possible principal-agent (PA) problems on residential energy efficiency in Austria. The results of this paper are partially based on findings from a master's thesis, which focused more directly on the PA problem. This paper expands on those results to include regional aspects in energy expenditures. A conditional demand model is regressed on a large number of variables representing housing characteristics, socioeconomic factors, occupancy type, and regional characteristics sourced from the...
    (application/pdf) - 22-nov-2016

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