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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10301 |
DP10301 Consumer valuation of fuel costs and the effectiveness of tax policy: Evidence from the European car market | |
Frank Verboven; Laura Grigolon; Mathias Reynaert | |
发表日期 | 2014-12-14 |
出版年 | 2014 |
语种 | 英语 |
摘要 | To what extent do car buyers undervalue future fuel costs, and what does this imply for the effectiveness of alternative tax policies? To address both questions, we show it is crucial to account for consumer heterogeneity in mileage and other dimensions. We use detailed product-level data for a long panel of European countries, and exploit variation in fuel prices by engine type. We find there is only modest undervaluation of fuel costs. As a consequence, fuel taxes are unambiguously more effective in reducing fuel usage than product taxes based on fuel economy, because fuel taxes better target high mileage consumers. |
主题 | Industrial Organization |
关键词 | Effectiveness of tax policy European car market Fuel cost valuation |
URL | https://cepr.org/publications/dp10301 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539133 |
推荐引用方式 GB/T 7714 | Frank Verboven,Laura Grigolon,Mathias Reynaert. DP10301 Consumer valuation of fuel costs and the effectiveness of tax policy: Evidence from the European car market. 2014. |
条目包含的文件 | 条目无相关文件。 |
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