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The demand for motor fuel should decline when its price rises, but how exactly does that happen? Do people drive less … reduced-form regressions show that while the VKTs driven by gasoline cars decrease when the price of gasoline rises, their … the VKTs and the fuel economy of diesel cars appear to be insensitive to changes in the price of diesel. Latent class …
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content. By raising prices for diesel to a level higher than that of petrol, this proposal would eliminate the price advantage …, the present analysis undertakes a comparative analysis of price elasticities for both fuel types. Drawing on household … panel data from Germany, we fail to reject the hypothesis that the fuel price elasticities for petrol and diesel are equal …
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identifies the rebound effect in private transport by allowing for the possibility that fuel price elasticities - from which … literature suggesting that the response in individual travel demand to price increases is stronger than to decreases. Such an … asymmetric response would necessitate reference to the fuel price elasticity derived from price decreases in order to identify …
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