Market Transformation: What is Happening and Why?

摘要

In recent years considerable attention has been placed on market transformation forenergy using technologies. A number of studies have pursued such issues as the definition ofmarket transformation, the nature and objectives of market transformation programs andindicators of market transformation. The purpose of this paper is to present and apply aneconometric approach to the evaluation of market transformation programs which focuses on theestimation of program impacts on prices and quantities of energy efficient products. Theempirical work focuses on two case studies of energy efficient lighting in Thailand. Thesestudies used annual time series information on sales and prices of lighting products in Thailand.There are three main conclusions. First, the Compact Fluorescent Lamp Program had asignificant impact on the sales and prices of compact fluorescent lamps in Thailand for theprogram period examined. Second, the Energy Efficient Fluorescent Tube Program had asignificant impact on sales and prices of T8 tubes. Third, modeling the program response of salesand prices of lighting products in Thailand using regression analysis was generally successful inthat the regressions have good explanatory power and the majority of coefficients have plausibleand statistically significant test-statistics. Fourth, further research to refine and apply theeconometric approach to the analysis of market transformation programs appears warranted.