Housing market capitalization of thermal integrity
研究住房市场是否将能源效率投资资本化，通过明尼苏达州节能住房示范项目的数据，用特征回归分析热工完整性因素对房价的影响。
The extent to which housing markets capitalize investments in energy efficiency is important to observe. The uncertainty now associated with this process can lead households to allocate resources inefficiently in the production of thermal comfort, by substituting more fuel inputs for less capital. From a policy perspective, the end result of this is the continued construction of units in the housing stock with sub-optimal levels of energy efficiency. This study is a cross-sectional analysis of houses constructed through the Energy Efficient Housing Demonstration Program of the Minnesota Housing Finance Agency. Values of investments in energy efficiency are derived from a hedonic regression which includes a vector of thermal integrity factors as an independent variable.