Fig. 5From: The effect of an electricity tax on aggregate electricity consumption: evidence from BaselPlacebo estimates for specification (i). Notes: The figure shows the pre-tax fits and the post-tax effects for Basel and other cities which did not actually introduce an electricity tax. Panel A includes 33 other cities for which we can approximate pre-tax electricity consumption. The approximation is infeasible for Mendrisio. Panel B includes 24 cities with at most twice Basel’s pre-tax root mean squared prediction errorBack to article page