|Title||An Analysis of the Price Elasticity of Demand for Household Appliances|
|Year of Publication||2008|
|Authors||Larry L Dale, K. Sydny Fujita|
|Institution||Lawrence Berkeley National Laboratory|
This article summarizes our study of the price elasticity of demand1 for home appliances, including refrigerators, clothes washers and dishwashers. In the context of increasingly stringent appliance standards, we are interested in what kind of impact the increased manufacturing costs caused by higher efficiency requirements will have on appliance sales. We chose to study this particular set of appliances because data for the elasticity calculation was more readily available for refrigerators, clothes washers, and dishwashers than for other appliances.
|LBNL Report Number|| |