Analysis of future light-duty transportation energy use require estimates of the impact of fuel prices on travel and fleet fuel economy, estimates of the fuel price elasticity of travel, fuel economy, and fuel consumption are ubiquitous in the literature. However, there is substantial disagreement about the magnitude of these elasticities because travel volumes, fuel economy, and fuel consumption are dependent on several variables other than fuel price and because fuel prices have tended to be volatile during the past few decades, thereby complicating attempts to estimate long-run elasticities. Thus, the magnitude of the effect of changes in fuel taxes in US on fleet fuel economy and on travel volumes and fuel consumption is also subject to considerable disagreement. (more…)
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption ...
We know of no studies that have examined vehicle taxation incentives programs elsewhere in the world, but it seems likely that ...
Whatever the actual motivation, American policymakers perceived a need after 1973 to restrict automobile and light truck cons ...
This latter form of new car taxes can actually serve as an impediment to higher fuel economy to the extent that increased energ ...
Federal Excise Taxes placed on specific energy sources tend to reduce energy demand for these energy sources in both the short ...
