De Borger, Bruno L.; Mulalic, Ismir; Rouwendal, Jan - 2013
each car owned by the household -- own and cross-price effects of increases in fuel costs per kilometre. The empirical … in response to fuel price changes. We use a large sample of detailed Danish data on two-car households to estimate -- for … results show that failure to capture substitution between cars within the household can result in substantial misspecification …