Fuel economy and the price of gasoline: Evidence from fueling-level micro data q

被引：12
作者：
Knittel, Christopher R. [1 ,2 ]
Tanaka, Shinsuke [3 ]
机构：
[1] MIT, Cambridge, MA 02139 USA
[2] NBER, Cambridge, MA 02138 USA
[3] Tufts Univ, Medford, MA 02155 USA
来源：
JOURNAL OF PUBLIC ECONOMICS | 2021年 / 202卷
关键词：
Price elasticity of on-road fuel economy; Driving habit formation; Gasoline consumption; EFFICIENCY; ELASTICITY; STANDARDS; DEMAND; POLLUTION;
D O I：
10.1016/j.jpubeco.2021.104496
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The short-term elasticity of gasoline consumption is determined by both vehicle distances traveled and the efficiency with which each mile is driven. Rarely is the latter observed. We use novel micro-level data on on-road fuel consumption and fuel prices in Japan to estimate both the contemporaneous and dynamic effects of gasoline prices on on-road fuel economy. Our estimate of the contemporaneous price elasticity of on-road fuel economy is approximately 0.07, suggesting that approximately 19% of the price elasticity of gasoline consumption comes from improvements in fuel-conserving behavior. We also find limited habit formation of fuel economy changes; fuel economy effectively responds only to current gasoline prices. This is consistent with substantial utility costs for behavioral adjustments in fuel saving. (c) 2021 Elsevier B.V. All rights reserved.
引用
收藏
页数：8
相关论文
共 50 条
  • [41] Pass-through of oil supply shocks to domestic gasoline prices: evidence from daily data
    Shioji, Etsuro
    ENERGY ECONOMICS, 2021, 98
  • [42] The price elasticity of marijuana demand: evidence from crowd-sourced transaction data
    Adam J. Davis
    Karl R. Geisler
    Mark W. Nichols
    Empirical Economics, 2016, 50 : 1171 - 1192
  • [43] The price and income elasticities of the top clothing exporters: Evidence from a panel data analysis
    Baiardi, Donatella
    Bianchi, Carluccio
    Lorenzini, Eleonora
    JOURNAL OF ASIAN ECONOMICS, 2015, 38 : 14 - 30
  • [44] The price elasticity of marijuana demand: evidence from crowd-sourced transaction data
    Davis, Adam J.
    Geisler, Karl R.
    Nichols, Mark W.
    EMPIRICAL ECONOMICS, 2016, 50 (04) : 1171 - 1192
  • [45] Multidimensional Energy Poverty and Mental Health: Micro-Level Evidence from Ghana
    Lin, Boqiang
    Okyere, Michael Adu
    INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH, 2020, 17 (18) : 1 - 19
  • [46] Household appliance ownership and income inequality: Evidence from micro data in China
    Li, Yating
    Fei, Yinxin
    Zhang, Xiao-Bing
    Qin, Ping
    CHINA ECONOMIC REVIEW, 2019, 56
  • [47] Housing wealth, financial wealth, and consumption: New evidence from micro data
    Bostic, Raphael
    Gabriel, Stuart
    Painter, Gary
    REGIONAL SCIENCE AND URBAN ECONOMICS, 2009, 39 (01) : 79 - 89
  • [48] Is the Corporate Average Fuel Economy Scheme Effective at Improving Vehicle Fuel Efficiency in a Small-Scale Market? Evidence from Taiwan
    Lin, Hwa
    Huang, Yun-Hsun
    Wu, Jung-Hua
    ENERGIES, 2024, 17 (21)
  • [49] Impact of pollution level, death rate and illness on economic growth: evidence from the global economy
    Moinak Maiti
    Pravin Jadhav
    SN Business & Economics, 1 (9):
  • [50] The temporal-spatial evolution characteristics of shadow economy in China: Empirical evidence using prefecture level data
    Yang, Xiaolei
    Yang, Mian
    CITIES, 2024, 145
12345