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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22925 |
来源ID | Working Paper 22925 |
Are Fuel Economy Standards Regressive? | |
Lucas W. Davis; Christopher R. Knittel | |
发表日期 | 2016-12-12 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Despite widespread agreement that a carbon tax would be more efficient, many countries use fuel economy standards to reduce transportation-related carbon dioxide emissions. We pair a simple model of the automakers' profit maximization problem with unusually-rich nationally representative data on vehicle registrations to estimate the distributional impact of U.S. fuel economy standards. The key insight from the model is that fuel economy standards impose a constraint on automakers which creates an implicit subsidy for fuel-efficient vehicles and an implicit tax for fuel-inefficient vehicles. Moreover, when these obligations are tradable, permit prices make it possible to quantify the exact magnitude of these implicit subsidies and taxes. We use the model to determine which U.S. vehicles are most subsidized and taxed, and we compare the pattern of ownership of these vehicles between high- and low-income census tracts. Finally, we compare these distributional impacts with existing estimates in the literature on the distributional impact of a carbon tax. |
主题 | Public Economics ; Taxation ; Industrial Organization ; Regulatory Economics ; Industry Studies ; Environmental and Resource Economics ; Energy |
URL | https://www.nber.org/papers/w22925 |
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/580598 |
推荐引用方式 GB/T 7714 | Lucas W. Davis,Christopher R. Knittel. Are Fuel Economy Standards Regressive?. 2016. |
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 | ||
w22925.pdf(497KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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