Fig. 6
From: The effect of an electricity tax on aggregate electricity consumption: evidence from Basel
Placebo estimates for specification (ii). 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 23 cities with at most twice Basel’s pre-tax root mean squared prediction error