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- An economic model of home appliance replacement: application . . .
We use information about age distribution of refrigerators (REFs) and examine how family size, household income, and age of household’s head affect the replacement cycle of REFs Our empirical results reveal that (1) large-sized, (2) high-income, and (3) young households replace REFs more rapidly
- Household appliance ownership and income inequality: Evidence . . .
In order to analyze the effect of income distribution on appliance ownership, we construct two measures to describe the income inequality levels in different communities Generally speaking, Gini index is usually used when considering income inequality issues
- The Effect of Income on Appliances in U. S. Households
Household income can affect the number and cost-related attributes and types of appliances, like televisions, that most households have
- The Household Appliance Stock, Income, and Electricity Demand . . .
Results show that as income increases, households rely less on electricity for space and water heating, but the number of electronic appliances increases with income The changing stock suggests that the mechanism through which energy reduction occurs differs across income levels
- The Effect of Income on Appliances in U. S. Households
In Figure 7, answering machines in the home increase from 37 percent for the lowest income levels up to 76 percent at the highest income level At the higher income levels, the percentage appears to flatten off
- 7 Reasons Why the Major Home Appliance Market is Forecasted . . .
According to Grand View Research, the growing housing sector in the southeast region of the U S , as well as a rise in consumer spending in this region, will help drive the market for large household appliances in the forecast period
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