Determinants of Residential Space Heating Expenditures in Great Britain
This paper examines determinants of heating expenditures in Great Britain, which include socio-economic and building characteristics as well as heating technologies and meteorological observations. The authors' findings suggest that in Great Britain owners generally have higher heating expenditures than renters, which they attribute to differences in building characteristics. Further, they argue that a number of socio-economic criteria have a significant influence on heating expenditures, independent from the central heating fuel type. Hence, they recommend that policy measures should not only focus on insulation standards but also on different household types.
© 2008 Kiel Institute for the World Economy
Helena Meier, Katrin Rehdanz