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Davis, Lucas W. - 2016

Despite widespread agreement that a carbon tax would be more efficient, many countries use fuel economy standards to reduce transportation-related carbon dioxide emissions. We pair a simple model of the automakers' profit maximization problem with unusually-rich nationally representative data on...

Persistent link: https://www.econbiz.de/10012977619

The Economics of Attribute-Based Regulation : Theory and Evidence from Fuel-Economy Standards

Ito, Koichiro - 2014

This paper analyzes "attribute-based regulations," in which regulatory compliance depends upon some secondary attribute that is not the intended target of the regulation. For example, in many countries fuel-economy standards mandate that vehicles have a certain fuel economy, but heavier or...

Persistent link: https://www.econbiz.de/10013047020

The Welfare Effects of Fuel Conservation Policies in a Dual-Fuel Car Market : Evidence from India

Chugh, Randy - 2015

We estimate a model of vehicle choice and kilometers driven to analyze the long-run impacts of fuel conservation policies in the Indian car market. We simulate the effects of petrol and diesel fuel taxes and a diesel car tax, taking into account their interactions with the pre-existing petrol...

Persistent link: https://www.econbiz.de/10013032618

Gasoline Price Uncertainty and the Design of Fuel Economy Standards

Kellogg, Ryan - 2017

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 …

Persistent link: https://www.econbiz.de/10012965951

Who Values Future Energy Savings? Evidence from American Drivers

Levinson, Arik; Sager, Lutz - 2022

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

Environmental Change and Hedonic Cost Functions for Automobiles

Berry, Steven; Kortum, Samuel S.; Pakes, Ariel - 2021

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

Car Notches : Strategic Automaker Responses to Fuel Economy Policy

Sallee, James - 2013

Notches --- where small changes in behavior lead to large changes in a tax or subsidy --- figure prominently in many policies, but have been rarely examined by economists. In this paper, we analyze a class of notches associated with policies aimed at improving vehicle fuel economy. We provide...

Persistent link: https://www.econbiz.de/10013094043

How Do Gasoline Prices Affect Fleet Fuel Economy?

Li, Shanjun - 2010

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

Fuel Consumption and Gasoline Prices : The Role of Assortative Matching between Households and Automobiles

Banzhaf, H. Spencer - 2016

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

Do Consumers Recognize the Value of Fuel Economy? Evidence from Used Car Prices and Gasoline Price Fluctuations

Sallee, James - 2015

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

Persistent link: https://www.econbiz.de/10013017929

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