displacement between foreign and domestic consumption. When relative prices increase by 1%, the relative cross-border demand …

Least-squares estimates of the response of gasoline consumption to a change in the gasoline price 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 demonstrate that …

months, starting on 1 June 2022. Using the synthetic control method to compare actual prices of gasoline and diesel to those …

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … across U.S. states in the pass-through of oil price shocks to retail gasoline prices. We show that these differences are … primarily driven by the cost of producing and distributing gasoline, which varies with states' access to oil and gasoline …

This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when … motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian … rate due to such avoidance. The current US tax rate on gasoline is below the efficient tax rate while the current UK rate …

newspapers. We further show that gasoline-to-diesel substitution substantially mediates the trade-off between climate and health …