| 来源类型 | Journal Article in Journal of Economics & Management Strategy |
| 规范类型 | 论文 |
| The effects of fuel prices and vehicle sales on fuel-saving technology adoption in passenger vehicles | |
| Thomas Klier; Yichen Zhou; Joshua Linn | |
| 发表日期 | 2020-06-18 |
| 出处 | Journal of Economics & Management Strategy |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Although economic theory suggests that both sales and fuel costs affect technology adoption by vehicle manufacturers, there is very little empirical evidence on either effect. We document a strong connection between a vehicle's sales and its energy efficiency. Using a demographics‐driven demand shifter to isolate demand‐side changes in sales, we find that a one standard deviation increase in sales raises efficiency by 0.2%, compared with a mean improvement rate of 1.4% per year between 1997 and 2013. Higher fuel prices also increase technology adoption directly by increasing willingness to pay for fuel cost savings. The results have two implications: manufacturers will continue to focus technological improvements on top selling vehicles; and fuel taxes will have larger effects on technology adoption than fuel economy standards and feebates. |
| 主题 | Electric Vehicles and Low-Carbon Fuels |
| URL | https://www.rff.org/publications/journal-articles/effects-fuel-prices-and-vehicle-sales-fuel-saving-technology-adoption-passenger-vehicles/ |
| 来源智库 | Resources for the Future (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/588326 |
| 推荐引用方式 GB/T 7714 | Thomas Klier,Yichen Zhou,Joshua Linn. The effects of fuel prices and vehicle sales on fuel-saving technology adoption in passenger vehicles. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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