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Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...
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identification strategy to estimate the effect of the price of gasoline on consumer demand for fuel economy. We control for … unobserved vehicle and consumer characteristics by using within model-year changes in the price of gasoline and vehicle sales. We … due to the increase in the price of gasoline. On the other hand, an increase in the gasoline tax would only modestly …
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