The Diffusion of Energy Efficiency in Building | Zendy

Nils Kok | Zendy; Marquise J. McGraw | Zendy; John M. Quigley | Zendy

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The Diffusion of Energy Efficiency in Building

Author(s) -

Nils Kok,

Marquise J. McGraw,

John M. Quigley

Publication year - 2011

Publication title -

american economic review

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 16.936

H-Index - 297

eISSN - 1944-7981

pISSN - 0002-8282

DOI - 10.1257/aer.101.3.77

Subject(s) - metropolitan area , certification , diffusion , efficient energy use , economics , human capital , panel data , energy consumption , capital (architecture) , environmental economics , business , economic geography , industrial organization , natural resource economics , econometrics , economic growth , geography , engineering , physics , management , archaeology , electrical engineering , thermodynamics

We analyze the diffusion of buildings certified for energy efficiency across US property markets. Using a panel of 48 metropolitan areas (MSAs) observed over the last 15 years, we model the geographic patterns and dynamics of building certification, relating industry composition, changes in economic conditions, characteristics of the local commercial property market, and the presence of human capital, to the cross-sectional variation in energy-efficient building technologies and the diffusion of those technologies over time. Understanding the determinants and the rate at which energy-efficient building practices diffuse is important for designing policies to affect resource consumption in the built environment.

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