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Sufficient Statistics for Imperfect Externality-Correcting Policies

Jacobsen, Mark R. - 2016

Pigouvian taxes can fully correct for market failures due to externalities, but actual policies are commonly forced to deviate from the Pigouvian ideal due to administrative or political constraints. This paper derives sufficient statistics, which require a minimum of market information, that...

Persistent link: https://www.econbiz.de/10012997372

Productivity in the Transportation Sector

Gordon, Robert J. - 2007

productivity (MFP) growth in the transportation industry over the postwar period, 1948-87. Official data on output and employment … data reduce the magnitude of the post-1973 productivity slowdown in transportation MFP growth from a previously reported 2 … airports, air traffic control, and highways, do not change appreciably the pattern of postwar MFP growth in transportation …

Persistent link: https://www.econbiz.de/10012778843

Trade and the Greenhouse Gas Emissions from International Freight Transport

Cristea, Anca D. - 2015

We collect extensive data on worldwide trade by transportation mode and use this to provide detailed comparisons of the … greenhouse gas emissions associated with output versus international transportation of traded goods. International transport is …

Persistent link: https://www.econbiz.de/10013037917

What's Driving Entrepreneurship and Innovation in the Transport Sector?

Choe, Derrick; Oettl, Alexander; Seamans, Robert - 2022

innovative activities in the transportation and warehousing sector of the U.S. economy. We suggest multiple avenues for future …

Persistent link: https://www.econbiz.de/10013308125

Who is Exposed to Gas Prices? How Gasoline Prices Affect Automobile Manufacturers and Dealerships

Busse, Meghan R. - 2012

Many consumers are keenly aware of gasoline prices, and consumer responses to gasoline prices have been well studied. In this paper, by contrast, we investigate how gasoline prices affect the automobile industry: manufacturers and dealerships. We estimate how changes in gasoline prices affect...

Persistent link: https://www.econbiz.de/10013096478

Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing

Ito, Koichiro - 2012

Nonlinear pricing and taxation complicate economic decisions by creating multiple marginal prices for the same good. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price variation at spatial discontinuities in electricity service...

Persistent link: https://www.econbiz.de/10013098134

The Short-Run and Long-Run Effects of Behavioral Interventions : Experimental Evidence from Energy Conservation

Allcott, Hunt - 2012

We document three remarkable features of the Opower program, in which social comparison- based home energy reports are repeatedly mailed to more than six million households nationwide. First, initial reports cause high-frequency "action and backsliding," but these cycles attenuate over time....

Persistent link: https://www.econbiz.de/10013098808

Vehicle Scrappage and Gasoline Policy

Jacobsen, Mark R. - 2013

We estimate the sensitivity of scrap decisions to changes in used car values - the "scrap elasticity" - and show how it influences used car fleets under policies aimed at reducing gasoline use. Large scrap elasticities will tend to produce emissions leakage under efficiency standards as the...

Persistent link: https://www.econbiz.de/10013081839

Site Selection Bias in Program Evaluation

Allcott, Hunt - 2013

"Site selection bias" can occur when the probability that a program is adopted or evaluated is correlated with its impacts. I test for site selection bias in the context of the Opower energy conservation programs, using 111 randomized control trials involving 8.6 million households across the...

Persistent link: https://www.econbiz.de/10013090187

Gasoline Prices, Fuel Economy, and the Energy Paradox

Allcott, Hunt - 2014

It is often asserted that consumers undervalue future gasoline costs relative to purchase prices when they choose between automobiles, or equivalently that they have high "implied discount rates" for these future energy costs. We show how this can be tested by measuring whether relative prices...

Persistent link: https://www.econbiz.de/10013064975

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