气候变化领域集成服务门户(CCPortal): Will energy efficiency affect appliance price? An empirical analysis of refrigerators in China based on hedonic price model

CCPortal

DOI	10.1016/j.enpol.2020.111818
	Will energy efficiency affect appliance price? An empirical analysis of refrigerators in China based on hedonic price model
	Zhang Y.; Tao W.
发表日期	2020
ISSN	03014215
卷号	147
英文摘要	Household appliances consume a considerable amount of energy. Consumers' choice of household appliances with different energy efficiency levels affects their future energy consumption. Therefore, guiding consumers to choose energy-efficient appliances is important. Consumers purchase household appliances to enjoy the utility of the products' attributes. Which attributes are important when choosing household appliances? Will energy efficiency level affect appliance price that consumers pay for? To answer these questions, a hedonic price model is used to quantify the utility value of appliance attributes and explore key appliance attributes through three dimensions, namely, policy, platform, and product attributes. Consumers' preferences for different appliance attributes can be revealed by empirically analyzing the relationship between these attributes and appliance price. Refrigerator data were crawled from a large e-commerce website in China, and data of 1612 products were obtained after data cleaning. Results show that attributes, such as energy efficiency label and brand, have an important impact on refrigerator price. The results have important implications for the further development of China's appliance enterprises and energy efficiency label. © 2020 Elsevier Ltd
关键词	Energy efficiency label Energy-efficient appliance Hedonic price model
英文关键词	Domestic appliances; Energy utilization; Refrigerators; Consumers' preferences; E-commerce websites; Empirical analysis; Energy-efficient appliances; Future energies; Hedonic price model; Product attributes; Three dimensions; Energy efficiency; consumption behavior; electronic commerce; electronic equipment; energy efficiency; energy use; future prospect; hedonic analysis; model test; policy approach; price dynamics; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204962
作者单位	School of Management and Economics, Beijing Institute of Technology, Beijing, 100081, China; Center for Energy & Environmental Policy Research, Beijing Institute of Technology, Beijing, 100081, China; Sustainable Development Research Institute for Economy and Society of Beijing, Beijing, 100081, China; Collaborative Innovation Center of Electric Vehicles in Beijing, Beijing, 100081, China
推荐引用方式 GB/T 7714	Zhang Y.,Tao W.. Will energy efficiency affect appliance price? An empirical analysis of refrigerators in China based on hedonic price model[J],2020,147.
APA	Zhang Y.,&Tao W..(2020).Will energy efficiency affect appliance price? An empirical analysis of refrigerators in China based on hedonic price model.Energy Policy,147.
MLA	Zhang Y.,et al."Will energy efficiency affect appliance price? An empirical analysis of refrigerators in China based on hedonic price model".Energy Policy 147(2020).