State mandates on renewable heating technologies and the housing market


Germeshausen, Robert ; Graevenitz, Kathrine von


[img]
Preview
PDF
dp19028.pdf - Published

Download (6MB)

URL: https://madoc.bib.uni-mannheim.de/52612
URN: urn:nbn:de:bsz:180-madoc-526122
Document Type: Working paper
Year of publication: 2019
The title of a journal, publication series: ZEW Discussion Papers
Volume: 19-028
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: Q42 , Q48 , Q58,
Keywords (English): Building regulations , renewable energy sources , hedonicpricing
Abstract: We study the effect of a state level mandate on renewable heating technologies on the housing market. The mandate requires a minimum share of 10 % renewable energy sources when changing the heating system in the existing building stock. As renewable energy sources are still more expensive than conventional alternatives this mandate could lower the relative price of homes in the existing building stock when a replacement of the heating system is impending. We implement a two stage difference-in-differences nearest neighbor matching approach to identify the effect on prices taking advantage of differences in regulation by location and vintage of the building stock. Our results find no evidence of an effect of the mandate on housing prices.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Citation Example and Export

Germeshausen, Robert ; Graevenitz, Kathrine von (2019) State mandates on renewable heating technologies and the housing market. Open Access ZEW Discussion Papers Mannheim 19-028 [Working paper]
[img]
Preview


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item