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The dramatic increase in gasoline prices from close to $1 in 1999 to $4 at their peak in 2008 made it much more … expensive for consumers to operate an automobile. In this paper we investigate whether consumers have adjusted to gasoline price … car markets. We find that a $1 increase in gasoline price changes the market shares of the most and least fuel …
Persistent link: https://www.econbiz.de/10012463059
to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …
Persistent link: https://www.econbiz.de/10012464197
Daily city-level expenditures and prices are used to estimate the price responsiveness of gasoline demand in the U ….S. Using a frequency of purchase model that explicitly acknowledges the distinction between gasoline demand and gasoline … expenditures, we consistently find the price elasticity of demand to be an order of magnitude larger than estimates from recent …
Persistent link: https://www.econbiz.de/10012456331
patterns is important, especially for the poor. Combining anthropometric and time-use data for India, we construct a … consumption data to examine how caloric requirements coupled with household expenditures shape food demand. Our applications …
Persistent link: https://www.econbiz.de/10012456973
Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...
Persistent link: https://www.econbiz.de/10012599357
Did the 1973 and 1979 gasoline price rises change consumer views about the relative quality of different cars? This … hedonic model that takes gasoline costs into account is developed and some of its theoretical implications are outlined … to analyze the prices of U.S. passenger cars in the used market during 1970-1981. If one does not take gasoline costs …
Persistent link: https://www.econbiz.de/10012477888
electricity generation, the increasing substitutability of electric for gasoline vehicles, and the durability of the vehicle stock … subsidy for electric vehicles and the optimal ban on the production of gasoline vehicles both give about the same efficiency … improvement, but the latter leads to a sharp increase in gasoline vehicle production just before the ban. Phasing out gasoline …
Persistent link: https://www.econbiz.de/10012479328
elasticities of demand for gasoline consumption. We have three main findings. First, our elasticity estimates of roughly -0.37 are …
Persistent link: https://www.econbiz.de/10012480431
Regulators attest that tightened energy efficiency standards save consumers money. Efficient light bulbs, appliances, and vehicles cost more upfront but reduce energy expenses by more than enough to compensate. We use survey data on American cars and their drivers to examine whether individual...
Persistent link: https://www.econbiz.de/10012482438
We leverage a natural experiment, where a large national automotive racing organization switched from leaded to unleaded fuel, to study how ambient lead exposure and nutrition impact learning in elementary school. The average race emitted more than 10 kilograms of lead -- a quantity similar to...
Persistent link: https://www.econbiz.de/10012482468