Impact of energy price increases on households: an illustration

Book · Thu Jan 01 04:00:00 EST 1976

OSTI ID:7351694

Stucker, J P

Estimates of the impact of energy prices on household consumption indicate: (1) that direct energy expenditures are regressive (i.e., as income increases, the proportion spent for energy declines); (2) that indirect energy expenditures, which represent over half of all energy transactions, are regressive; and (3) energy taxes are also regressive, especially utility gas taxes. Estimates were made by input-output analysis using 1960 and 1961 data, which was updated to reflect current prices. Tables analyze both direct and indirect expenditures by income level and percent of total budget. Food and fuel comparisons show that in 1972 and 1973 the average household income before taxes was $10,185, of which nearly 16% went for food and 10% for energy. The implications for public policy of the results of this study are discussed. (DCK)

• Research Organization: Rand Corp., Santa Monica, CA 90406
• OSTI ID: 7351694
• Report Number(s): P-5585
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101 -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
BUILDINGS
CHARGES
ENERGY
ENERGY CONSUMPTION
HOUSES
INCOME
MATHEMATICS
RESIDENTIAL BUILDINGS
RESIDENTIAL SECTOR
STATISTICS
TAXES