Template-type: ReDIF-Paper 1.0
Author-Name: Canepa, Alessandra 
Author-Email: alessandra.canepa@unito.it
Author-Name: Chersoni, Giulia     
Author-Email: giulia.chersoni@eurac.edu
Author-Name: Fontana, Magda 
Author-Email: magda.fontana@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: The Role of Environmental and Financial Motivations in the Adoption of EnergySaving Technologies: Evidence from European Union Data.
Abstract: This paper investigates whether households’ environmental and financial motivations affect their
investments in energy-saving technologies. Exploiting a comprehensive dataset covering 30 European
countries, we investigate whether financially motivated and environmentally minded households present
different adoption paths. T he results show that environmental and financial motivations play an essential role in
the decision to adopt energy-saving technologies, thus paving the way for policy actions targeted at enhancing
consumer awareness. Our analysis also reveals that environmentally and financially motivated households exhibit
different socio-economic profiles. We find that environmentally minded, highly educated households living in
urban areas with a large family size are more likely to adopt energy-saving technologies than their counterparts
with low levels of education living in rural locations. In addition, their financial situation is an important factor in
explaining the adoption patterns of financially motivated households. From a methodological point of view, our
analysis exploits both parametric and nonparametric methods. We use stochastic dominance analysis to rank the
distribution functions of household behaviours and the logit model to investigate the socio-economic profiles of
different groups.
Length: pages 29
Creation-Date: 2023-06
File-URL: https://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2023dip/wp_09_2023.pdf
File-Format: Application/PDF
Handle: RePEc:uto:dipeco:202309