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If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
Customer service
All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com
Sale & Press
If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com
Since 1999, the Japanese Ministry of Economy, Trade and Industry (METI) regulates under the name "Top Runner Program" 21 consumer product markets by obliging all manufacturers of a same product category to meet at least the highest energy efficiency performance available in the market at the time of standard setting. This study extends previous literature by reviewing economic arguments for and against energy efficiency policies and conducting a positive welfare analysis based on industrial organization theory. It turns out that, although the existence of market failures might justify market intervention to decrease energy consumption, it is much less clear whether energy efficiency standards are a suitable instrument to achieve this goal. Theoretical results of this study give an indication on likely winners and losers of the regulation, challenge the proposition that energy efficiency standards necessarily lead to a decrease in energy consumption in the relevant market and reveal some possibly unintended economic, environmental and distributive consequences.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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