time yield strong evidence that petrol and diesel demand are more price elastic already in the short run than previous … studies suggest. In particular, we present evidence that diesel demand in Europe tends to be more price elastic than petrol …

to an excessive economic driving-style. The current US tax rate on gasoline is way below the efficient tax rate while the …

This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when … motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian … rate due to such avoidance. The current US tax rate on gasoline is below the efficient tax rate while the current UK rate …

The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … convergence ; law of one price ; gasoline ; international taxation ; European integration ; panel unit roots … test for the absolute versus relative version of the law of one price (LOOP) and estimate the speed of convergence as well …

The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price differences between …