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The incidence of taxes on consumers and producers plays a central role in evaluating energy tax policy, yet the literature testing the main predictions of the tax incidence model is sparse. In this paper, we examine the pass-through rate of state gasoline and diesel taxes to retail prices, and...
Persistent link: https://www.econbiz.de/10013128885
away from regular shelf-price products and towards promotional items in order to save money on overall grocery expenditures …. On average, consumers are able to decrease the net price paid per grocery item by 5-11% in response to a 100% increase in …
Persistent link: https://www.econbiz.de/10012759677
messages, and compliance with youth access restrictions. We find that cigarette price is an important determinant of both … smoking participation and conditional demand. The estimated price elasticity of participation is -0.63. The likelihood of … participation decreases with anti-smoking sentiment and increases with exposure to cigarette advertising. The estimated price …
Persistent link: https://www.econbiz.de/10013147363
Policy-makers have instituted a variety of fuel economy tax policies -- polices that tax or subsidize new vehicle purchases on the basis of fuel economy performance -- in the hopes of improving fleet fuel economy and reducing gasoline consumption. This article reviews existing policies and...
Persistent link: https://www.econbiz.de/10013137016
Fuel economy standards change the composition of the vehicle fleet, potentially influencing accident safety. I introduce a model of the fleet that captures risks across interactions between vehicle types while simultaneously recovering estimates of unobserved driving safety behavior. The model...
Persistent link: https://www.econbiz.de/10013107512
The United States consumed more petroleum-based liquid fuel per capita than any other OECD-high-income country - 30 percent more than the second-highest country (Canada) and 40 percent more than the third-highest (Luxemburg). This paper examines the main channels through which reductions in U.S....
Persistent link: https://www.econbiz.de/10013112835
hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to …
Persistent link: https://www.econbiz.de/10013125922
. Although a large existing literature examines the sensitivity of gasoline consumption to changes in price, these estimates may … responsiveness of consumption to an average change in price. We address these challenges using a variety of methods including …
Persistent link: https://www.econbiz.de/10012753236
A low carbon fuel standard (LCFS) seeks to reduce greenhouse gas emissions by limiting a fuel producer's carbon emissions per unit of output. California has launched an LCFS for transportation fuels; others have called for a national LCFS. We show that this policy decreases production of...
Persistent link: https://www.econbiz.de/10012753878
Despite widespread agreement that a carbon tax would be more efficient, many countries use fuel economy standards to reduce transportation-related carbon dioxide emissions. We pair a simple model of the automakers' profit maximization problem with unusually-rich nationally representative data on...
Persistent link: https://www.econbiz.de/10012977619