Energy Literacy and Energy-related Financial Literacy in Iran: Case of Northwestern Academic Community
Empowering citizens is the most effective way in order to make effective decisions to speed up energy conservation in residential sector. The aim of this study is to investigate the impact of economic and financial literacy on energy literacy and energy awareness in the north west of Iran. The study...
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Language: | English |
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Iranian Association for Energy Economics
2021-08-01
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Series: | Environmental Energy and Economic Research |
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Online Access: | https://www.eeer.ir/article_130425_b98cc960b2b1cdae7b819c6551437d70.pdf |
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author | Davoud Hamidi Razi Reza Ranjpour Mohammad Ali Motafakker Azad |
author_facet | Davoud Hamidi Razi Reza Ranjpour Mohammad Ali Motafakker Azad |
author_sort | Davoud Hamidi Razi |
collection | DOAJ |
description | Empowering citizens is the most effective way in order to make effective decisions to speed up energy conservation in residential sector. The aim of this study is to investigate the impact of economic and financial literacy on energy literacy and energy awareness in the north west of Iran. The study population consisted of employees and professors of universities in the three provinces of East Azerbaijan, West Azerbaijan and Ardabil that were completed and analyzed 500 questionnaires after sampling. According to the results of Logit model, economic and financial literacy had a significant and positive effect on energy literacy index (selection of heating systems A and B) and energy awareness (energy bills or costs awareness) and the result was confirmed in all the estimation models for three carriers. As the area of the house’s infrastructure area increases, energy literacy increases. Education and age have a negative and positive effect on energy awareness, respectively. The results suggest that investing in promoting energy-related economic and financial literacy for citizens to stimulate energy savings. |
format | Article |
id | doaj-art-a100d63ac48c4cacb858dfe9e9bb964f |
institution | Matheson Library |
issn | 2538-4988 2676-4997 |
language | English |
publishDate | 2021-08-01 |
publisher | Iranian Association for Energy Economics |
record_format | Article |
series | Environmental Energy and Economic Research |
spelling | doaj-art-a100d63ac48c4cacb858dfe9e9bb964f2025-07-12T12:06:28ZengIranian Association for Energy EconomicsEnvironmental Energy and Economic Research2538-49882676-49972021-08-015311410.22097/eeer.2021.277525.1189130425Energy Literacy and Energy-related Financial Literacy in Iran: Case of Northwestern Academic CommunityDavoud Hamidi Razi0Reza Ranjpour1Mohammad Ali Motafakker Azad2University of Tabriz, Tabriz, IranUniversity of Tabriz, Tabriz, IranUniversity of Tabriz, Tabriz, IranEmpowering citizens is the most effective way in order to make effective decisions to speed up energy conservation in residential sector. The aim of this study is to investigate the impact of economic and financial literacy on energy literacy and energy awareness in the north west of Iran. The study population consisted of employees and professors of universities in the three provinces of East Azerbaijan, West Azerbaijan and Ardabil that were completed and analyzed 500 questionnaires after sampling. According to the results of Logit model, economic and financial literacy had a significant and positive effect on energy literacy index (selection of heating systems A and B) and energy awareness (energy bills or costs awareness) and the result was confirmed in all the estimation models for three carriers. As the area of the house’s infrastructure area increases, energy literacy increases. Education and age have a negative and positive effect on energy awareness, respectively. The results suggest that investing in promoting energy-related economic and financial literacy for citizens to stimulate energy savings.https://www.eeer.ir/article_130425_b98cc960b2b1cdae7b819c6551437d70.pdfenergy literacyenergy awarenesseconomic literacyenergy conservationdiscrete models |
spellingShingle | Davoud Hamidi Razi Reza Ranjpour Mohammad Ali Motafakker Azad Energy Literacy and Energy-related Financial Literacy in Iran: Case of Northwestern Academic Community Environmental Energy and Economic Research energy literacy energy awareness economic literacy energy conservation discrete models |
title | Energy Literacy and Energy-related Financial Literacy in Iran: Case of Northwestern Academic Community |
title_full | Energy Literacy and Energy-related Financial Literacy in Iran: Case of Northwestern Academic Community |
title_fullStr | Energy Literacy and Energy-related Financial Literacy in Iran: Case of Northwestern Academic Community |
title_full_unstemmed | Energy Literacy and Energy-related Financial Literacy in Iran: Case of Northwestern Academic Community |
title_short | Energy Literacy and Energy-related Financial Literacy in Iran: Case of Northwestern Academic Community |
title_sort | energy literacy and energy related financial literacy in iran case of northwestern academic community |
topic | energy literacy energy awareness economic literacy energy conservation discrete models |
url | https://www.eeer.ir/article_130425_b98cc960b2b1cdae7b819c6551437d70.pdf |
work_keys_str_mv | AT davoudhamidirazi energyliteracyandenergyrelatedfinancialliteracyinirancaseofnorthwesternacademiccommunity AT rezaranjpour energyliteracyandenergyrelatedfinancialliteracyinirancaseofnorthwesternacademiccommunity AT mohammadalimotafakkerazad energyliteracyandenergyrelatedfinancialliteracyinirancaseofnorthwesternacademiccommunity |