Showing 1 - 10 of 1,170
-data on 23,000 newly purchased cars and their buyers. Our estimates reveal substantial income heterogeneity in price …
Persistent link: https://www.econbiz.de/10013167161
We identify and examine a novel welfare channel of fuel economy standards through the in-teraction with public transit and households’ location choices. A stricter emission standard for cars decreases the marginal cost of driving and triggers a shift in modal choice from public to private...
Persistent link: https://www.econbiz.de/10014516218
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 …
Persistent link: https://www.econbiz.de/10012156698
than to market price movements, primarily due to increases in tax salience, which we measure using textual analysis of … newspapers. We further show that gasoline-to-diesel substitution substantially mediates the trade-off between climate and health …
Persistent link: https://www.econbiz.de/10014295072
France and Germany, consecutive to the 2022 oil crisis, to infer how fuel tourism responds to changes in relative prices …
Persistent link: https://www.econbiz.de/10014467350
months, starting on 1 June 2022. Using the synthetic control method to compare actual prices of gasoline and diesel to those … price jump smaller than the size of the expiring tax reduction at the start of September. Our results are robust to …
Persistent link: https://www.econbiz.de/10013380895
changes to diesel and gasoline prices using a unique dataset containing the universe of price changes at fuel stations in … of price sensitive consumers, the higher the pass-through rate. Second, there is a hump-shaped relationship between the … Germany and France and a synthetic difference-in-differences strategy. Our empirical results are in line with our theoretical …
Persistent link: https://www.econbiz.de/10012544175
Unintended consequences of a pre-announced climate policy have been studied in a variety of situations. We show that early announcement of a carbon tax gives rise to a "Green-Paradox", in that it increases polluting emissions in the interim period (between announcement and actual...
Persistent link: https://www.econbiz.de/10008808232
Least-squares estimates of the response of gasoline consumption to a change in the gasoline price are biased toward … prices using gasoline taxes, but this approach tends to yield implausibly large price elasticities. We demonstrate that … zero, given the endogeneity of gasoline prices. A seemingly natural solution to this problem is to instrument for gasoline …
Persistent link: https://www.econbiz.de/10011431005
investigate this, we estimate an EASI demand system from German household data and a labour supply schedule, using wage data, and … support can be mustered without hurting equity too much. We also investigate the effects of Germany meeting its legal target …
Persistent link: https://www.econbiz.de/10012668336