Re-identifying the rebound: What about asymmetry?

Energy Journal

Volumn 34, Issue 4, 2013, Pages 43-54

  Frondel, Manuel ^a   Vance, Colin ^b  

^a RUHR UNIVERSITY BOCHUM   (Germany)

^b JACOBS UNIVERSITY BREMEN   (Germany)

Author keywords

Automobile travel; Panel estimation models; Price asymmetry

Indexed keywords

EID: 84880609590     PISSN: 01956574     EISSN: None     Source Type: Trade Journal    
DOI: 10.5547/01956574.34.4.3     Document Type: Article

References (35)

1. Adeyemi, O.L., D.C. Broadstock, M. Chitnis, L.C. Hunt and G. Judge (2010). "Asymmetric Price Responses and the underlying Energy Demand Trend: Are they Substitutes or Complements? Evidence from Modelling OECD Aggregate Energy Demand," Energy Economics 32: 1157-1164. http://dx.doi.org/10.1016/ j.eneco.2010.04.003
2. Adeyemi, O.L., and L.C. Hunt (2007). "Modelling OECD Industrial Energy Demand: Asymmetric Price Responses and Energy-Saving Technical Change," Energy Economics 29: 693-709. http:// dx.doi.org/10.1016/j.eneco. 2007.01.007 (Pubitemid 46796626)
3. Angrist, J.D., and J.S. Pischke (2009). Mostly Harmless Econometrics-An Empiricists Companion. Princeton University Press.
4. Berkhout, P.H.G., J.C. Musken and J.W. Velthuisjen (2000). "Defining the Rebound Effect." Energy Policy 28: 425-432. http://dx.doi.org/10.1016/ S0301-4215(00)00022-7 (Pubitemid 30325358)
5. Bettendorf, L., S.A. van der Geest and M. Varkevisser (2003). "Price Asymmetry in the Dutch Retail Gasoline Market." Energy Economics 25: 669-689. http://dx.doi.org/10.1016/S0140-9883(03) 00035-5 (Pubitemid 37261995)
6. Binswanger, M. (2001). "Technological Progress and Sustainable Development: What About the Rebound Effect?" Ecological Economics 36: 119-132. http://dx.doi.org/10.1016/S0921-8009(00) 00214-7 (Pubitemid 32065217)
7. Borenstein, S., A.C. Cameron and R. Gilbert (1997). "Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes?" Quarterly Journal of Economics 112(1): 305-339. http://dx.doi.org/ 10.1162/003355397555118 (Pubitemid 27456797)
8. Breusch, T., and A. Pagan (1979). "A simple Test for Heteroscedasticity and Random Coefficient Variation." Econometrica 47: 1287-1294. http://dx.doi.org/10.2307/1911963
9. Brookes, L. (2000). "Energy Efficiency Fallacies Revisited." Energy Policy 28: 355-367. http://dx. doi.org/10.1016/S0301-4215(00)00030-6
10. Crandall, R.W. (1992). "Corporate Average Fuel Economy Standards." Journal of Economic Perspectives 6 (2): 171-180. http://dx.doi.org/10.1257/jep.6.2.171
11. Dargay, J.M. (1992). The Irreversible Effects of High Oil Prices: Empirical Evidence for the Demand for Motor Fuels in France, Germany, and the UK, in Energy Demand: Evidence and Expectations, ed. D.Hawdon, London: Academic Press, 165-182
12. Dargay, J.M. (1993). "Demand Elasticities. A Comment." Journal of Transport Economics and Policy 27 (1): 87-90
13. Dargay, J.M., and D. Gately (1994). "Oil Demand in the Industrialized Countries." The Energy Journal, Special Issue on the Changing World Petroleum Market, 39-67
14. Dargay, J.M., and D. Gately (1997). "The Demand for Transportation Fuels: Imperfect Price-Reversibility." Transportation Research Part B: Methodological 31 (1): 71-82. http://dx.doi.org/10.1016/ S0191-2615(96)00014-8
15. Destatis (Federal Statistical Office Germany) (2012). http://www.destatis.de/. Frondel, M., J. Peters and C. Vance (2008). "Identifying the Rebound: Evidence from a German Household Panel." The Energy Journal 29 (4): 154-163. http://dx.doi.org/10.5547/ISSN0195- 6574-EJ-Vol29-No4-7
16. Frondel, M., N. Ritter and C. Vance (2012). "Heterogeneity in the Rebound: Further Evidence for Germany." Energy Economics 34: 388-394. http://dx.doi.org/10.1016/j.eneco.2011.10.016
17. Frondel, M., C.M. Schmidt and C. Vance (2011). "A Regression on Climate Policy: The European Commission's Legislation to Reduce CO2 Emissions from Automobiles." Transportation Research Part A: Policy and Practice 45 (10): 1043-1051. http://dx.doi.org/10.1016/j.tra.2009.12.001
18. Frondel, M., and C. Vance (2010). "Fixed, Random, or Something in Between? A Variant of Hausman's Specification Test for Panel Data Estimators." Economics Letters 107: 327-329. http://dx. doi.org/10.1016/j.econlet.2010.02.007
19. Gately, D. (1992). "Imperfect Price-Reversibility of U.S. Gasoline Demand: Asymmetric Responses to Price Increases and Decreases." The Energy Journal 13 (4): 179-207. http://dx.doi.org/10.5547/ ISSN0195-6574-EJ-Vol13-No4- 10
20. Gately, D., and H.G. Huntington (2002). "The Asymmetric Effects of Changes in Price and Income on Energy and Oil Demand." The Energy Journal 23 (1): 19-55. http://dx.doi.org/10.5547/ ISSN0195-6574-EJ-Vol23-No1-2 (Pubitemid 34278784)
21. Griffin, J.M., and T.C. Schulman (2005). "Price Asymmetry: A Proxy for Energy Saving Technical Change." The Energy Journal 26 (2): 1-21. http://dx.doi.org/10.5547/ISSN0195-6574-EJ-Vol26- No2-1 (Pubitemid 40555954)
22. Hogan,W.W. (1993). "OECD Oil Demand Dynamics: Trends and Asymmetries," The Energy Journal 14 (1): 125-157. http://dx.doi.org/10. 5547/ISSN0195-6574-EJ-Vol14-No1-6.
23. Huntington, H.G. (2006). "A Note on Price Asymmetry As Induced Technical Change." The Energy Journal 27 (3): 1-7. http://dx.doi.org/10. 5547/ISSN0195-6574-EJ-Vol27-No3-1 (Pubitemid 44082795)
24. Khazzoom, D.J. (1980). "Economic Implications of Mandated Efficiency Standards for Household Appliances." The Energy Journal 1: 21-40
25. Meyer, J., and S. von Cramon-Taubadel (2004). "Asymmetric Price Transmission: A Survey." Journal of Agricultural Economics 50: 581-611. http://dx.doi.org/10.1111/j.1477-9552.2004.tb00116.x. (Pubitemid 40077788)
26. MOP (German Mobility Panel) (2012) Mobilitatspanel. http:// mobilitaetspanel.ifv.uni-karlsruhe.de/ de/studie/index.html
27. Rouwendal, J. (1996). "An Economic Analysis of Fuel Use Per Kilometer by Private Cars." Journal of Transport Economics and Policy 30 (1): 3-14 (Pubitemid 126653946)
28. Ryan, D.L., Y. Wang and A. Plourde (1996). "Asymmetric Price Responses of Residential Energy Demand in Ontario." Canadian Journal of Economics, 29 (Special Issue Part 1), S317-S323 (Pubitemid 126681297)
29. Sorrell, S., J. Dimitroupoulos and M. Sommerville (2009). "Empirical Estimates of the Direct Rebound Effect: A Review." Energy Policy 37: 1356-1371. http://dx.doi.org/10.1016/j.enpol.2008. 11.026
30. Sorrell, S., and J. Dimitroupoulos (2008). "The Rebound Effect: Microeconomic Definitions, Limitations, and Extensions." Ecological Economics 65 (3): 636-649. http://dx.doi.org/10.1016/j. ecolecon.2007.08.013 (Pubitemid 351381349)
31. Traill, B., D. Colman and T. Young (1978). "Estimating Irreversible Supply Elasticities." American Journal of Agricultural Economics 60: 528-531. http://dx.doi.org/10.2307/1239951
32. Tweeten, L.G., and C.L. Quance (1969a). "Positivistic Measures of Aggregate Supply Elasticities: Some New Approaches." American Journal of Agricultural Economics 51: 342-352. http://dx. doi.org/10.2307/1237584
33. Tweeten, L.G., and C.L. Quance (1969b). "Positivistic Measures of Aggregate Supply Elasticities: Some New Approaches." American Economic Review Papers and Proceedings 59: 175-183
34. Wadud, Z., G.J. Graham and R.B. Noland (2010). "Gasoline Demand with Heterogeneity in Household Responses." The Energy Journal 31 (1): 47-74. http://dx.doi.org/10.5547/ISSN0195-6574- EJ-Vol31-No1-3
35. Wolffram, R. (1971). "Positivistic Measures of Aggregate Supply Elasticities: Some New Approaches- Some Critical Notes." American Journal of Agricultural Economics 53: 356-359. http:// dx.doi.org/10.2307/1237462.