Showing 1 - 10 of 32
Focusing on travel survey data from Germany, this paper investigates the determinants of automobile travel, with the specific aim of quantifying the effects of fuel prices and fuel economy. The analysis is predicated on the notion that car mileage is a two-stage decision process, comprising the...
Persistent link: https://www.econbiz.de/10012722842
In addition to efficiency standards and consumer information, car-related taxes constitute one of three pillars of the European Commission's strategy to reduce CO2 emissions from passenger cars. A longstanding question concerns the effectiveness of such taxes in determining the car-purchasing...
Persistent link: https://www.econbiz.de/10012708361
Germany's energy transition has been accompanied by a near doubling of power prices for private households since the outset of the new millennium. Millions of poor households and those that are close to the poverty threshold are likely to suffer from these increases in electricity cost. Focusing...
Persistent link: https://www.econbiz.de/10013025738
Discrete-continuous models have become a common technique for addressing selectivity biases in data sets with endogenously partitioned observational units. Alternative two-stage approaches have been suggested by LEE (1983), DUBIN and MCFADDEN (1984), and DAHL (2002), all of which capture the...
Persistent link: https://www.econbiz.de/10013000542
We specify a system of equations that fully reflects the supply and demand sides of the market for agricultural open space at equilibrium. Although simple, the system is exceedingly flexible and allows for household and parcel heterogeneity. We derive an empirical model directly from the...
Persistent link: https://www.econbiz.de/10013144584
Within the context of the current political discussion over base realignments and closures (BRACs) in Germany, this study provides policy guidance by examining the economic consequences to the surrounding community. We identify the causal effect of a reduction in military personnel on a number...
Persistent link: https://www.econbiz.de/10013144586
This paper proposes a variant of the classical HAUSMAN specification test commonly employed to decide whether the estimation of a random-effects model is a viable alternative to estimating fixed effects. Whereas the classical test probes the equality of fixed- and random effects, the proposed...
Persistent link: https://www.econbiz.de/10013147994
A longstanding question in the study of energy demand concerns the role of information as a determinant of home-efficiency improvements. Although the provision of information via home energy audits is frequently asserted to be an effective means for governments to encourage the implementation of...
Persistent link: https://www.econbiz.de/10013065966
We provide evidence that motorists respond to short-run fluctuations in fuel prices at the gas pump and not on the road. Employing variants of censored panel regression to control for unobserved heterogeneity and censoring of the dependent variable, we find that the fuel price has a large and...
Persistent link: https://www.econbiz.de/10013086474
Drawing on household data from Germany, this study econometrically analyzes the determinants of automobile ownership, focusing specifically on the extent to which decreases in family size translate into fewer cars at the national level. Beyond identifying several variables over which policy...
Persistent link: https://www.econbiz.de/10013088593