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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 …
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We estimate the effect of gasoline prices on short-run equilibrium prices and sales of new and used cars of different … fuel economies. We find that gasoline prices have larger effects on the prices of used cars than of new cars, but that they … environmental tax on gasoline, and to investigate whether consumers are myopic about future gasoline costs when they buy cars. …
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expensive for consumers to operate an automobile. In this paper we investigate whether consumers have adjusted to gasoline price … car markets. We find that a $1 increase in gasoline price changes the market shares of the most and least fuel …-efficient quartiles of new cars by +20% and -24%, respectively. In contrast, the same gasoline price increase changes the market shares of …
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