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reduced-form regressions show that while the VKTs driven by gasoline cars decrease when the price of gasoline rises, their … fuel economy tends to get worse. It is unclear why this happens. Perhaps attempts to save on gasoline-cutting on solo …. Since the price elasticity of fuel consumption is the difference between the price elasticity of VKT and the price …
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Claims of the regressivity of gasoline taxes typically rely on annual surveys of consumer income and expenditures which … show that gasoline expenditures are a larger fraction of income for very low income households than for middle or high … income. It uses data from the Consumer Expenditure Survey to reassess the claim that gasoline taxes are regressive by …
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Analyses of policies to reduce gasoline consumption have focused on two effects, a compositional effect on the fuel … micro-level data are consistent with this hypothesis. We find a $1 gas tax would reduce US gas consumption by 1.5% through …
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Traditional least squares estimates of the responsiveness of gasoline consumption to changes in gasoline prices are … biased toward zero, given the endogeneity of gasoline prices. A seemingly natural solution to this problem is to instrument … for gasoline prices using gasoline taxes, but this approach tends to yield implausibly large price elasticities. We …
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