We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro-data on 23,000 newly purchased cars and their buyers. Our estimates reveal substantial income heterogeneity in price elasticity and electric vehicle (EV) adoption. While CO2 levies...

Do consumers value the fuel economy of cars? In this paper we examine this question, taking advantage of the recent introduction of hybrid and battery-electric vehicles, which promise to reduce the use of fossil fuels in road transport, and hence carbon emissions and dependence on oil imports....

This study examines attention effects in the market for hybrid vehicles. We show that local media coverage, gasoline price changes and unprecedented record gasoline prices have a significant causal impact on the consumers' attention. As attention is not directly observable, we analyze online...

In the current paper, we quantify the effect that fuel prices have on vehicle prices' responsiveness to fuel economy. We apply a hedonic price model to the German automobile market by using data on detailed technical specifications of high-sales vehicles of three sequential model years. In the...

Far from protecting the environment, most rail transit lines use more energy per passenger mile, and many generate more greenhouse gases, than the average passenger automobile. Rail transit provides no guarantee that a city will save energy or meet greenhouse gas targets. While most rail transit...

We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro-data on 23,000 newly purchased cars and their buyers. Our estimates reveal substantial income heterogeneity in price elasticity and electric vehicle (EV) adoption. While CO2 levies...

Dieses Grünbuch möchte als Katalysator wirken, um auf allen Ebenen der europäischen Gesellschaft – sei es auf EU-Gemeinschaftsebene, sei es auf einzelstaatlicher, regionaler oder kommunaler Ebene – auf eine erneuerte Energieeffizienz-Initiative hinzuwirken. ... Wettbewerbsfähigkeit und...

This paper examines the energy savings, environmental benefits, and economic impact of green roof systems applied to a "micro" region in Western Turkey. This subdivision (Artur) in Karaaægaç, Izmir, consists of 1729 residential units, mostly used as summer homes. The units are in 45m2, 60m2,...

Identifying the incidence of free-ridership is significant to a range of issues relevant to program evaluation, including the calculation of net program benefits and more general assessments of political acceptability. Estimates of free-ridership in the area of energy policy frequently rely on...