Daily city-level expenditures and prices are used to estimate the price responsiveness of gasoline demand in the U ….S. Using a frequency of purchase model that explicitly acknowledges the distinction between gasoline demand and gasoline … expenditures, we consistently find the price elasticity of demand to be an order of magnitude larger than estimates from recent …

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 …

The dramatic increase in gasoline prices from close to $1 in 1999 to $4 at their peak in 2008 made it much more … expensive for consumers to operate an automobile. In this paper we investigate whether consumers have adjusted to gasoline price … car markets. We find that a $1 increase in gasoline price changes the market shares of the most and least fuel …

Analyses of policies to reduce gasoline consumption have focused on two effects, a compositional effect on the fuel …

different fuel economies change in response to shocks to the price of gasoline, we estimate the relationship between vehicle …

What are the implications of gasoline price volatility for the design of fuel economy policies? I show that this … of gasoline. When the regulator is constrained to use a fixed standard, I show that the usual approach to setting the … bind if the realized gasoline price is sufficiently high. Instead, the optimal fixed standard will be relatively relaxed …

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise … elasticity of demand under increasing-block prices and compare conditional and unconditional elasticities analytically and … empirically. We test the hypothesis that price elasticity may depend on price structure, beyond technical differences in …

Econometric estimates of the responsiveness of health-related consumer demand to higher prices are often key … ingredients for policy analysis. Drawing on several examples, especially that of cigarette demand, we review the potential … advantages and challenges of synthesizing econometric evidence on the price-responsiveness of consumer demand. We argue that the …

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 equilibrium prices and sales of both new and used vehicles of …