This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window
Open in New Tab
Open in same window
American Economic Journal: Economic Policy: Vol. 1 No. 2 (August 2009)
AEJ: Policy Volume. 1, Issue 2 | 
Previous ArticleNext Article
Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)
AEJ: Policy Forthcoming Articles
Full-text Article
Download Data Set (261.33 KB)
View Comments on This Article (0) | Login to post a comment
Previous ArticleNext Article
Expand
Quick Tools:
Print Article Summary Email Link to this Article Export CitationSign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)
Explore:
AEJ: Policy Forthcoming Articles
How Do Gasoline Prices Affect Fleet Fuel Economy?
Article Citation
Li, Shanjun,
Christopher Timmins, and
Roger H. von Haefen. 2009. "How Do Gasoline Prices Affect Fleet Fuel Economy?."
American Economic Journal: Economic Policy,
1(2): 113-37.
DOI: 10.1257/pol.1.2.113
DOI: 10.1257/pol.1.2.113
Abstract
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)
Article Full-Text Access
Full-text Article
Additional Materials
Download Data Set (261.33 KB)
Authors
Li, Shanjun (Stony Brook U, SUNY)
Timmins, Christopher (Duke U)
von Haefen, Roger H. (NC State U)
Timmins, Christopher (Duke U)
von Haefen, Roger H. (NC State U)
JEL Classifications
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
L11: Production, Pricing, and Market Structure; Size Distribution of Firms
L69: Industry Studies: Manufacturing: Other
L71: Mining, Extraction, and Refining: Hydrocarbon Fuels
Comments
View Comments on This Article (0) | Login to post a comment
