The development and critical review of annual stock and gross investment data for residential energy-using capital
Author(s)
Braid, Ralph Malcolm.
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Show full item recordAbstract
The purpose of this paper is to develop pooled time-series
cross-sectional stock and gross investment data for residential
energy-using capital by state over the period 1960 to 1974. In the
process of doing so, it is necessary to examine theoretical issues and
empirical techniques, and to evaluate the accuracy of data sources
currently available. One section of the paper is devoted to a careful
theoretical and empirical discussion of appliance depreciation rates and
their relationship to average appliance lifetimes. Another discusses
benchmarking techniques and the conditions under which they are liable to
be effective. The remainder of the paper concerns the development and
evaluation of the actual data series. Whereas most of the discussion
focuses on household appliances, the techniques discussed, evaluated, and
utilized should be of wider interest. Similar techniques will allow
construction of accurate gross investment data for household heating
equipment.
Date issued
1978-06Publisher
MIT Energy Laboratory
Other identifiers
06552195
Series/Report no.
MIT-EL78-036
Keywords
Household appliances., Inventories |z United States., Depreciation |z United States.
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