This paper presents an overview of the economics literature on the effect of Corporate Average Fuel Economy (CAFE) standards on the new vehicle market. Since 1978, CAFE has imposed fuel economy standards for cars and light trucks sold in the U.S. market. This paper reviews the history of the...

The carbon Kuznetz curve (CKC) hypothesis assumes that carbon dioxide emissions initially increase in tandem with output but start decreasing at higher levels of output. This paper considers the internal validity of estimating the CKC in an integrated framework of carbon dioxide emissions,...

This paper disaggregates a UK Input-Output (IO) table for 2004 based on household income quintiles from published survey data. In addition to the Input-Output disaggregation, the household components of a UK Income Expenditure (I-E) account used to inform a Social Accounting Matrix (SAM),have...

The mainstream view in economics has been a key factor in designing climate policies. Given that the controversy over the “efficiency paradox” has shown that mainstream economics is not neutral in the way it deals with climate change, the purpose of this paper is to investigate what insights...

Purpose – The purpose of this paper is to survey the empirical literature on the causal relationship between energy consumption and economic growth. Design/methodology/approach – The four major hypotheses (growth, conservation, neutrality, and feedback) are briefly outlined with respect to...

The shift of the Indian economy to a higher trajectory of growth over the last two decades has been primarily associated with urbanisation and rapid motorisation both as a cause and as an effect. Motorised passenger transport is now being considered as a fulcrum for inclusive growth in India....

This paper uses disaggregated data from a broad cross-section of countries to empirically assess differences in energy consumption profiles across countries. We find empirical support for the energy ladder hypothesis, which contends that as an economy develops it transits away from a heavier...

The mitigation of climate change (CC) and responding to potential energy shortage (ES) are two important factors that highlight the need for a change in the concept of «competition for sustainability». The problems entailed by CC and EE hypotheses provide firms with an opportunity to jump to a...

This work enters into the topic of one of the world´s most increasing economy, the economy of China. It will treat the question, how a country, hence a political system which was such closed and had a quite small economical standard and growth rate was able to improve in a tremendous way. This...

This paper exploits unique features of a recently introduced tariff schedule for natural gas in Buenos Aires to estimate the short-run impact of price shocks on residential energy utilization. The schedule induces a non-linear and nonmonotonic relationship between households’ accumulated...