Projecting the fuel efficiency of conventional vehicles: The role of regulations, gasoline taxes and autonomous technical change
The fuel efficiency of conventional private vehicles is a key input in the design of several economic and environmental policies. Reliable projections of the fuel efficiency variable can improve estimates on the future emission savings from policies promoting vehicle replacement, and on future reven...
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2022
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| Schriftenreihe: | OECD Environment Working Papers
no.198 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | The fuel efficiency of conventional private vehicles is a key input in the design of several economic and environmental policies. Reliable projections of the fuel efficiency variable can improve estimates on the future emission savings from policies promoting vehicle replacement, and on future revenues from fuel taxes. This paper examines the evolution of fuel efficiency using data on cars entering the US market from 1984 to 2020. It uses a series of new indexes for the gasoline cost in OECD countries and the stringency of fuel economy regulations. The paper shows that the effect of fuel prices and taxes is significant and robust. Doubling the user cost of gasoline with a stringent carbon tax will cause an irreversible increase in fuel efficiency by 6-11%. Increasing the stringency of the US CAFE standards by 10% raises average fuel efficiency by 2-3%. The impact of cross-market regulations is ambiguous. |
| Beschreibung: | 1 Online-Ressource (39 p.) 21 x 28cm. |
| DOI: | 10.1787/13b94818-en |
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| spelling | Tikoudis, Ioannis VerfasserIn aut Projecting the fuel efficiency of conventional vehicles The role of regulations, gasoline taxes and autonomous technical change Ioannis, Tikoudis, Rose Mba, Mebiame and Walid, Oueslati Paris OECD Publishing 2022 1 Online-Ressource (39 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Environment Working Papers no.198 The fuel efficiency of conventional private vehicles is a key input in the design of several economic and environmental policies. Reliable projections of the fuel efficiency variable can improve estimates on the future emission savings from policies promoting vehicle replacement, and on future revenues from fuel taxes. This paper examines the evolution of fuel efficiency using data on cars entering the US market from 1984 to 2020. It uses a series of new indexes for the gasoline cost in OECD countries and the stringency of fuel economy regulations. The paper shows that the effect of fuel prices and taxes is significant and robust. Doubling the user cost of gasoline with a stringent carbon tax will cause an irreversible increase in fuel efficiency by 6-11%. Increasing the stringency of the US CAFE standards by 10% raises average fuel efficiency by 2-3%. The impact of cross-market regulations is ambiguous. Energy Environment Taxation Transport Economics Mebiame, Rose Mba MitwirkendeR ctb Oueslati, Walid MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/13b94818-en Volltext |
| spellingShingle | Tikoudis, Ioannis Projecting the fuel efficiency of conventional vehicles The role of regulations, gasoline taxes and autonomous technical change Energy Environment Taxation Transport Economics |
| title | Projecting the fuel efficiency of conventional vehicles The role of regulations, gasoline taxes and autonomous technical change |
| title_auth | Projecting the fuel efficiency of conventional vehicles The role of regulations, gasoline taxes and autonomous technical change |
| title_exact_search | Projecting the fuel efficiency of conventional vehicles The role of regulations, gasoline taxes and autonomous technical change |
| title_full | Projecting the fuel efficiency of conventional vehicles The role of regulations, gasoline taxes and autonomous technical change Ioannis, Tikoudis, Rose Mba, Mebiame and Walid, Oueslati |
| title_fullStr | Projecting the fuel efficiency of conventional vehicles The role of regulations, gasoline taxes and autonomous technical change Ioannis, Tikoudis, Rose Mba, Mebiame and Walid, Oueslati |
| title_full_unstemmed | Projecting the fuel efficiency of conventional vehicles The role of regulations, gasoline taxes and autonomous technical change Ioannis, Tikoudis, Rose Mba, Mebiame and Walid, Oueslati |
| title_short | Projecting the fuel efficiency of conventional vehicles |
| title_sort | projecting the fuel efficiency of conventional vehicles the role of regulations gasoline taxes and autonomous technical change |
| title_sub | The role of regulations, gasoline taxes and autonomous technical change |
| topic | Energy Environment Taxation Transport Economics |
| topic_facet | Energy Environment Taxation Transport Economics |
| url | https://doi.org/10.1787/13b94818-en |
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