Show simple item record Timmins, Christopher en_US Li, Shanjun von Haefen, Roger H. 2011-06-21T17:30:48Z 2011-06-21T17:30:48Z 2009 en_US
dc.identifier.citation Li,Shanjun;Timmins,Christopher;von Haefen,Roger H.. 2009. How Do Gasoline Prices Affect Fleet Fuel Economy?. American Economic Journal-Economic Policy 1(2): 113-137. en_US
dc.identifier.issn 1945-7731 en_US
dc.description.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. en_US
dc.language.iso en_US en_US
dc.publisher AMER ECONOMIC ASSOC en_US
dc.relation.isversionof doi:10.1257/pol.1.2.113 en_US
dc.subject united-states en_US
dc.subject cafe standards en_US
dc.subject scrappage en_US
dc.subject efficiency en_US
dc.subject taxes en_US
dc.subject determinants en_US
dc.subject demand en_US
dc.subject market en_US
dc.subject stocks en_US
dc.subject sales en_US
dc.subject economics en_US
dc.title How Do Gasoline Prices Affect Fleet Fuel Economy? en_US
dc.title.alternative en_US
dc.description.version Version of Record en_US 2009-8-0 en_US
duke.description.endpage 137 en_US
duke.description.issue 2 en_US
duke.description.startpage 113 en_US
duke.description.volume 1 en_US
dc.relation.journal American Economic Journal-Economic Policy en_US

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