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Table 1 Variable values and weights with the three main specifications

From: The effect of an electricity tax on aggregate electricity consumption: evidence from Basel

 

Observed

Unweighted

Hypothetical

     
 

Basel

average

(i)

 

(ii)

 

(iii)

 
   

Values

Weights

Values

Weights

Values

Weights

Variables

        

Consumption 1985

13.104

12.758

13.074

0.063

12.999

13.051

Consumption 1986

13.318

13.093

13.399

0.065

13.394

13.435

Consumption 1987

13.701

13.297

13.698

0.099

13.511

13.508

Consumption 1988

13.849

13.526

13.824

0.078

13.884

13.897

Consumption 1989

13.999

13.753

14.055

0.089

14.088

14.084

Consumption 1990

14.380

13.977

14.298

0.059

14.252

14.240

Consumption 1991

14.224

14.281

14.307

0.062

14.511

14.532

Consumption 1992

14.516

14.308

14.646

0.052

14.636

14.650

Consumption 1993

14.708

14.197

14.623

0.058

14.473

14.479

Consumption 1994

14.674

14.211

14.655

0.068

14.640

14.613

Consumption 1995

14.607

14.287

14.648

0.118

14.550

14.560

Consumption 1996

14.600

14.361

14.655

0.057

14.511

14.568

Consumption 1997

14.901

14.281

14.683

0.067

14.748

14.798

Consumption 1998

14.746

14.517

14.893

0.066

14.930

14.956

Avg. consumption

14.238

13.918

14.247

14.223

0.646

14.241

Avg. electricity intensity

0.047

0.048

0.048

0.047

0.347

0.047

0.324

Electric heating

0.011

0.068

0.062

0.021

0.007

0.020

0.499

Electric boiler

0.180

0.283

0.317

0.235

0.000

0.230

0.001

Rooms per apartment

3.079

3.611

3.730

3.357

0.000

3.289

0.000

Avg. income

69018

61027

62746

61799

0.000

62054

0.016

Working-age population

0.673

0.668

0.668

0.679

0.000

0.684

0.015

Avg. age

43.112

39.074

39.136

41.108

0.000

41.629

0.061

Heating-degree days

3039.771

3505.875

3515.670

3384.192

0.000

3361.517

0.004

Cooling-degree days

158.812

113.361

99.355

115.774

0.000

118.230

0.080

  1. Notes: The table shows the pre-tax levels of electricity consumption, its average, and its determinants for Basel, for an unweighted average of the other cities, and for three specifications (i), (ii), and (iii). The columns with the header “values” report weighted averages of these variables across cities. The columns with the header “weights” report the variable weights. The specifications differ with respect to the variables to be approximated. These are all pre-tax electricity consumption levels in specification (i), the average pre-tax electricity consumption and the determinants of electricity consumption in specification (ii), and only the determinants in specification (iii)