| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16987 |
| 来源ID | Working Paper 16987 |
| The Cost of Fuel Economy in the Indian Passenger Vehicle Market | |
| Randy Chugh; Maureen L. Cropper; Urvashi Narain | |
| 发表日期 | 2011-04-28 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of purchasing a more fuel-efficient vehicle and compare it to the benefit of lower fuel costs over the life of the vehicle. We use hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to compute 95 percent confidence intervals for the marginal cost to the consumer of an increase in fuel economy. We find that the associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market segments, for the years 2002 through 2006. Thus, we fail to consistently reject the hypothesis that consumers appropriately value fuel economy. When we reject the null hypothesis, the marginal cost of additional fuel economy exceeds the present value of fuel savings, suggesting that consumers may, in fact, be overvaluing fuel economy. |
| 主题 | Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy |
| URL | https://www.nber.org/papers/w16987 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574662 |
| 推荐引用方式 GB/T 7714 | Randy Chugh,Maureen L. Cropper,Urvashi Narain. The Cost of Fuel Economy in the Indian Passenger Vehicle Market. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16987.pdf（316KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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