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calculate elasticities and to simulate the effects of alternative pollution control policies such as taxes on gasoline, on … characteristics. We find expected signs for coefficients on price and income. Car choices are relatively inelastic, however, either to … taxes on cars or to taxes on gas or distance. Thus emissions are more affected by taxes on gasoline than by taxes on …
Persistent link: https://www.econbiz.de/10013050156
Economists promote energy taxes as cost-effective. But policymakers raise concerns about their regressivity, or disproportional burden on poorer families, preferring to set energy efficiency standards instead. I first show that in theory, regulations targeting energy efficiency are more...
Persistent link: https://www.econbiz.de/10012977268
Analyses of policies to reduce gasoline consumption have focused on two effects, a compositional effect on the fuel …
Persistent link: https://www.econbiz.de/10012976987
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/10013032618
What are the implications of gasoline price volatility for the design of fuel economy policies? I show that this … bind if the realized gasoline price is sufficiently high. Instead, the optimal fixed standard will be relatively relaxed … and may be non-binding even at the expected gasoline price. Finally, I show that although an attribute-based standard …
Persistent link: https://www.econbiz.de/10012965951
Regulators attest that tightened energy efficiency standards save consumers money. Efficient light bulbs, appliances, and vehicles cost more upfront but reduce energy expenses by more than enough to compensate. We use survey data on American cars and their drivers to examine whether individual...
Persistent link: https://www.econbiz.de/10014089918
Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...
Persistent link: https://www.econbiz.de/10013064941
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/10012758243
different fuel economies change in response to shocks to the price of gasoline, we estimate the relationship between vehicle …, and therefore different remaining lifetimes. By seeing how price differences across high and low mileage vehicles of …
Persistent link: https://www.econbiz.de/10013017929
This paper focuses on how changes in the economic and regulatory environment have affected production costs and product characteristics in the automobile industry. We estimate cost functions characteristics. Then we examine how this cost surface has changed over time and how these changes relate...
Persistent link: https://www.econbiz.de/10013240320