For efficiency, tax energy

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dc.contributor.authorFrondel, Manuel
dc.contributor.authorVance, Colin
dc.date.accessioned2013-10-25T13:30:35Z
dc.date.available2013-10-25T13:30:35Z
dc.date.issued2013-10-25
dc.description.abstractUsing household travel diary data collected in Germany between 1997 and 2012, we employ an instrumental variable (IV) approach to estimate fuel price and efficiency elasticities. The aim is to gauge the relative impacts of fuel economy standards and fuel taxes on distance traveled. We find that the magnitude of the elasticity estimates are statistically indistinguishable: higher fuel prices reduce driving by the same degree as higher fuel efficiency increases driving. This finding indicates an offsetting effect of fuel efficiency standards on the effectiveness of fuel taxation, calling into question the efficacy of the European Commission’s current efforts to legislate CO2 emissions limits for new cars given prevailing high fuel taxes.en
dc.identifier.urihttp://hdl.handle.net/2003/31143
dc.identifier.urihttp://dx.doi.org/10.17877/DE290R-5623
dc.language.isoende
dc.relation.ispartofseriesDiscussion Paper / SFB 823;42/2013en
dc.subjectautomobile travelen
dc.subjectinstrumental variable approachen
dc.subjectrebound effecten
dc.subject.ddc310
dc.subject.ddc330
dc.subject.ddc620
dc.titleFor efficiency, tax energyen
dc.typeTextde
dc.type.publicationtypeworkingPaperde
dcterms.accessRightsopen access

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Sonderforschungsbereich (SFB) 823