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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)