G2TT
来源类型Working Papers
规范类型论文
来源IDWP-2014-002
Technological Change, Vehicle Characteristics, and the Opportunity Costs of Fuel Economy Standards
Thomas Klier and Joshua Linn
发表日期2013-12
出版年2013
语种英语
摘要

Thomas Klier and Joshua Linn, December 2013

Many countries are tightening passenger vehicle fuel economy standards. In assessing the welfare effects of standards, the literature has not properly accounted either for their effects on the rate of technology adoption, or for improvements in vehicle characteristics in the absence of tightening standards. A dynamic model shows that accounting for both factors has ambiguous effects on estimated welfare costs. We find that recent U.S. and European standards have affected the rate of technology adoption as well as horsepower and torque. Estimated welfare losses from reduced horsepower and torque are of similar magnitude to the welfare gains from fuel savings.

JEL codes: L62, Q4, Q5

Keywords: passenger vehicles, U.S. greenhouse gas emissions rate standards, European carbon dioxide emissions rate standards, technology adoption

关键词passenger vehicles U
URLhttp://ceepr.mit.edu/publications/working-papers/610
来源智库Center for Energy and Environmental Policy Research (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/172763
推荐引用方式
GB/T 7714
Thomas Klier and Joshua Linn. Technological Change, Vehicle Characteristics, and the Opportunity Costs of Fuel Economy Standards. 2013.
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