Energy efficiency pays : the impact of building’s energy performance on housing values in Korea = 공동주택의 에너지 사용량이 공동주택 가격에 미치는 영향 the impact of building’s energy performance on housing values in Korea

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Formal implementation of a label and certificate system is regarded as one of the most conducive policy solutions to overcoming the residential energy efficiency gap and inducing market signals. This study aims to show otherwise: a policy-induced premium based on energy certificate dissipates while market-induced premium prevails. In essence, we show that the private market can, in fact, sell green purchasing behavior. Furthermore, this study examines variations in market premium, corroborating the heterogeneity of market premium from energy performance. In looking at these critical questions, we analyze the existence and magnitude of the market premium from energy performance of 65,678 multi-family residential buildings in Seoul, the Republic of Korea with gas use intensity and assessed property values from 2015 as our key indicators.
Advisors
Eom, Jiyongresearcher엄지용researcher
Description
한국과학기술원 :녹색경영정책프로그램,
Publisher
한국과학기술원
Issue Date
2019
Identifier
325007
Language
eng
Description

학위논문(석사) - 한국과학기술원 : 녹색경영정책프로그램, 2019.2,[vi, 33 p. :]

Keywords

Energy performance▼aresidential buildings▼amarket premium▼ahedonic model; 에너지 성능▼a주거용 건물▼a시장 프리미엄▼a헤 도닉 모델

URI
http://hdl.handle.net/10203/265990
Link
http://library.kaist.ac.kr/search/detail/view.do?bibCtrlNo=844782&flag=dissertation
Appears in Collection
MT-Theses_Master(석사논문)
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