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Externalities of Policy-Induced Scrappage : The Case of Automotive Regulations

Forsythe, Connor R.; Jha, Akshaya; Michalek, Jeremy J.; … - National Bureau of Economic Research - 2022

Many transportation policies indirectly affect vehicle travel and resulting externalities by inducing changes in … within an instrumental variables (IV) framework to produce the first estimates of the fleet-size elasticities of fleet travel …-4% increase in fleet size on average. Our IV estimates of the fleet-size elasticities of fleet travel distance and gasoline …

Persistent link: https://www.econbiz.de/10013435108

The Distributional Impacts of a VMT-Gas Tax Swap

Metcalf, Gilbert E. - National Bureau of Economic Research - 2022

Using data from the 2017 National Household Travel Survey (NHTS), I find that the income elasticity of fuel intensity …

Persistent link: https://www.econbiz.de/10013334348

How Regressive are Mobility-Related User Fees and Gasoline Taxes?

Glaeser, Edward L.; Gorback, Caitlin S.; Poterba, James M. - National Bureau of Economic Research - 2022

Pigouvian taxes and user fees can address environmental externalities and efficiently fund transportation infrastructure, but these policies may place burdens on poorer households. This paper presents new evidence on the distributional consequences of the gasoline tax, bus and light rail charges...

Persistent link: https://www.econbiz.de/10013477238

Optimal Public Transportation Networks : Evidence from the World's Largest Bus Rapid Transit System in Jakarta

Kreindler, Gabriel E.; Gaduh, Arya; Graff, Tilman; … - National Bureau of Economic Research - 2023

preferences for waiting times, travel times, and transfers. We study these tradeoffs by examining the world's largest bus rapid … and aggregate travel flows from smartphone data, we analyze how new direct connections, changes in bus travel time, and …-dimensional travel costs, idiosyncratic heterogeneity induced by random wait times, and inattention, matching event-study moments from …

Persistent link: https://www.econbiz.de/10014322757

Show Me the Money! Incentives and Nudges to Shift Electric Vehicle Charge Timing

Bailey, Megan R.; Brown, David P.; Shaffer, Blake; … - National Bureau of Economic Research - 2023

We use a field experiment to measure the effectiveness of financial incentives and moral suasion "nudges" to shift the timing of electric vehicle (EV) charging. We find EV owners respond strongly to financial incentives, while nudges have no statistically discernible effect. When financial...

Persistent link: https://www.econbiz.de/10014337862

Ideology, Incidence and the Political Economy of Fuel Taxes : Evidence from the California 2018 Proposition 6

Epstein, Lucas; Muehlegger, Erich - National Bureau of Economic Research - 2024

In 2018, California voters rejected Proposition 6, a ballot initiative that sought to repeal state gasoline taxes and vehicle fees enacted as part of the 2017 Road Repair and Accountability Act. We study the relationship between support for the proposition, political ideology and the economic...

Persistent link: https://www.econbiz.de/10014528351

Customized Cash Transfers : Financial Lives and Cash-flow Preferences in Rural Kenya

Kansikas, Carolina; Mani, Anandi; Niehaus, Paul - National Bureau of Economic Research - 2023

We examine the preferences of low-income households in Kenya over the structure of unconditional cash transfers. We find, first, that most prefer lumpier transfers, and many prefer delayed receipt--unlike the structures typical of safety-net programs, but consistent with evidence on the...

Persistent link: https://www.econbiz.de/10014226127

Derisking Real Estate in China's Hybrid Economy

Xiong, Wei - National Bureau of Economic Research - 2023

This article examines the risks faced by China's real estate sector within its distinct hybrid economy, which combines market mechanisms with comprehensive state planning and government intervention. The real estate sector holds particular importance as land sale revenues are a crucial source of...

Persistent link: https://www.econbiz.de/10014250136

Strategic Complementarities in a Dynamic Model of Technology Adoption : P2P Digital Payments

Alvarez, Fernando; Argente, David; Lippi, Francesco; … - National Bureau of Economic Research - 2023

This paper develops a dynamic model of technology adoption featuring strategic complementarities: the benefits of usage increase with the number of adopters. We study the diffusion of new means of payments, where such complementarities are pervasive. We show that complementarities give rise to...

Persistent link: https://www.econbiz.de/10014287381

Has China's Growth Gone From Miracle to Malady?

Prasad, Eswar S. - National Bureau of Economic Research - 2023

China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country's low levels of financial and institutional development, state-dominated economy, and nondemocratic government. Notwithstanding the inefficient and risky growth model, the...

Persistent link: https://www.econbiz.de/10014250169