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significant positive association between increased fuel economy and increased driving, and a significantly negative fuel-price …
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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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