Showing 1 - 10 of 608
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
reflects both the high pre-existing tax on petrol fuel and the high own-price elasticities of fuel demand in India. A tax on …
Persistent link: https://www.econbiz.de/10012458208
We estimate the effect of competition on incumbent firm pricing by using high frequency price data and the precise geographic location for all gas stations in California. Using an event study design, we find that the entry of a new station is associated with a 2.5 cent decrease in prices at...
Persistent link: https://www.econbiz.de/10015361445
different fuel economies change in response to shocks to the price of gasoline, we estimate the relationship between vehicle …
Persistent link: https://www.econbiz.de/10012457227
vehicle fuel supply. In 2013, the fraction of ethanol in the gasoline pool effectively reached 10%, the ethanol capacity of … the dominant U.S. gasoline blend (the "E10 blend wall"). During 2013-2015, the price of RINs--tradeable electronic …
Persistent link: https://www.econbiz.de/10012457325
Traditional least squares estimates of the responsiveness of gasoline consumption to changes in gasoline prices are … biased toward zero, given the endogeneity of gasoline prices. A seemingly natural solution to this problem is to instrument … for gasoline prices using gasoline taxes, but this approach tends to yield implausibly large price elasticities. We …
Persistent link: https://www.econbiz.de/10012457686
the fact that many countries provide subsidies for gasoline and diesel. This paper examines global fuel subsidies using … the latest available data from the World Bank, finding that road-sector subsidies for gasoline and diesel totaled $110 … supply and demand elasticities, the total annual deadweight loss worldwide is $44 billion. Incorporating external costs …
Persistent link: https://www.econbiz.de/10012458927