17:30 29 October 2013
Location: Central House
We use cross-sectional household survey data in England between 2002 and 2010 to explore potential barriers to ownership of three common energy efficiency measures (loft insulation, cavity wall insulation and full double glazing) in residential properties. There is little compelling evidence that credit constraints, as proxied by income, education or means-tested benefit receipt, inhibit ownership. Failures in landlord-tenant relationships, though, are a key issue: private renters are significantly less likely to own the measures than other tenure groups. More broadly, it is the characteristics of the dwelling rather than the occupants which are most strongly related to ownership of the measures. However, relatively few factors are consistently associated with lower ownership rates over time and measures, suggesting that policies to encourage increased take-up may need to be tailored to the specific efficiency measure.
About the speaker:
George Stoye is a research economist at the Institute for Fiscal Studies. He joined the institute in 2011 after completing an MSc in Economics at University College London. His research includes work on environmental policy, focusing on domestic energy and transport taxation, and health care markets in the UK.