Klier, Thomas; Linn, Joshua - In: Annual Review of Resource Economics 3 (2011) 1, pp. 445-462
This article presents an overview of the economics literature on the effect of corporate average fuel economy (CAFE) standards on the new vehicle market. Since 1978, CAFE has imposed fuel economy standards for cars and light trucks sold in the U.S. market. This article reviews the history of the...
