Showing 1 - 10 of 4,046
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/10012482438
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/10012455656
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/10012457227
Smart-home technologies have been heralded as an important way to increase energy conservation. While in vitro engineering estimates provide broad optimism, little has been done to explore whether such estimates scale beyond the lab. We estimate the causal impact of smart thermostats on energy...
Persistent link: https://www.econbiz.de/10013388838
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/10012473088
electricity generation, the increasing substitutability of electric for gasoline vehicles, and the durability of the vehicle stock … subsidy for electric vehicles and the optimal ban on the production of gasoline vehicles both give about the same efficiency … improvement, but the latter leads to a sharp increase in gasoline vehicle production just before the ban. Phasing out gasoline …
Persistent link: https://www.econbiz.de/10012479328
We leverage a natural experiment, where a large national automotive racing organization switched from leaded to unleaded fuel, to study how ambient lead exposure and nutrition impact learning in elementary school. The average race emitted more than 10 kilograms of lead -- a quantity similar to...
Persistent link: https://www.econbiz.de/10012482468
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 …
Persistent link: https://www.econbiz.de/10012463059
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/10012464197
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/10012462053