Klier - Article
Type de publication:
Journal ArticleSource:
Journal of Public Economics, Volume 133, Fascicule January 2016 (2016)URL:
http://www.sciencedirect.com/science/article/pii/S0047272715002030Mots-clés:
European carbon dioxide emissions rate standards, Passenger vehicles, Technology adoption, U.S. greenhouse gas emissions rate standardsRésumé:
Many countries are tightening passenger vehicle fuel economy standards. The literature on
passenger vehicle standards has used structural models to estimate their welfare effects. This
paper provides the first empirical evidence on the effects of recently tightened fuel economy
standards on technology adoption. Specifically, it investigates changes in the rate and direction
of technology adoption, that is, the extent to which technology is used to increase fuel economy
at the expense of other vehicle attributes. We find that recent U.S. and European standards have
both increased the rate of technology adoption and affected the direction of technology adoption.
Producers reduced horsepower and torque compared to a counterfactual in which fuel economy
standards remained unchanged. We estimate opportunity costs from reduced horsepower and
torque to be of similar magnitude as the gains from fuel savings.
Connexion utilisateur
Agenda
Journée du Gerpisa
Vendredi 24 Mars 2023, 14:00 - 16:00 CET
|
Journée du Gerpisa
Vendredi 28 Avril 2023, 14:00 - 16:00 CEST
|
Journée du Gerpisa
Vendredi 12 Mai 2023, 14:00 - 16:00 CEST
|
Evénement
Mercredi 17 Mai 2023, 09:00 CEST - Vendredi 19 Mai 2023, 17:00 CEST
|
Colloque du Gerpisa
Mardi 27 Juin 2023, 09:00 CEST - Vendredi 30 Juin 2023, 17:00 CEST
|