Replication data for: How Do Gasoline Prices Affect Fleet Fuel Economy?
Principal Investigator(s): View help for Principal Investigator(s) Shanjun Li; Christopher Timmins; Roger H. von Haefen
Version: View help for Version V1
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| AEJPol-20070058_data | 10/13/2019 01:45:AM | ||
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text/plain | 14.6 KB | 10/12/2019 09:45:PM |
Project Citation:
Li, Shanjun, Timmins, Christopher, and von Haefen, Roger H. Replication data for: How Do Gasoline Prices Affect Fleet Fuel Economy? Nashville, TN: American Economic Association [publisher], 2009. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114543V1
Project Description
Summary:
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Exploiting a rich dataset of passenger vehicle registrations in 20 US
MSAs from 1997 to 2005, we examine the effects of gasoline prices
on the automotive fleet's composition. We find that high gasoline
prices affect fleet fuel economy through two channels: shifting new
auto purchases towards more fuel-efficient vehicles, and speeding
the scrappage of older, less fuel-efficient used vehicles. Policy simulations
suggest that a 10 percent increase in gasoline prices from
2005 levels will generate a 0.22 percent increase in fleet fuel economy
in the short run and a 2.04 percent increase in the long run.
(JEL H25, L11, L69, L71)
Scope of Project
JEL Classification:
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H25 Business Taxes and Subsidies including sales and value-added (VAT)
L11 Production, Pricing, and Market Structure; Size Distribution of Firms
L69 Industry Studies: Manufacturing: Other
L71 Mining, Extraction, and Refining: Hydrocarbon Fuels
H25 Business Taxes and Subsidies including sales and value-added (VAT)
L11 Production, Pricing, and Market Structure; Size Distribution of Firms
L69 Industry Studies: Manufacturing: Other
L71 Mining, Extraction, and Refining: Hydrocarbon Fuels
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