Abstract

We attempt to measure energy conservation effect of investment executed after building completion; i.e. investment in mending, repair or renewal. The effect is statistically estimated by means of cross sectional regression analysis, about a little more than one hundred samples of rental office buildings actually working in Tokyo area. In the regression model, energy expenditure variation is assumed to be controlled by revenue variation and investment. The energy conservation effect of investment is estimated as the coefficient of investment in the model. In this analysis, we also consider the influence of scale and age of buildings.

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