The relationship between gasoline prices and the demand for vehicle fuel efficiency is important for environmental … if consumers respond to gasoline prices. We derive a reduced-form regression equation from theoretical micro … vehicle prices generally decline in the gasoline price. The decline is larger for inefficient vehicles, and the prices of …

to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …

to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …