Arbeitspapier
Do High Oil Prices Matter? – Evidence on the Mobility Behavior of German Households
Focusing on travel survey data from Germany, this paper investigates the determinants of automobile travel, with the specific aim of quantifying the effects of fuel prices and fuel economy. The analysis is predicated on the notion that car mileage is a two-stage decision process, comprising the discrete choice of whether to own a car and the continuous choice of distance traveled. To capture this process, we employ censored regression models consisting of Probit and OLS estimators, which allows us to gauge the extent to which sample selectivity may bias the results. Our elasticity estimates indicate a significant positive association between increased fuel economy and increased driving, and a significantly negative fuel-price elasticity, which ranges between -35% and -41%. Taken together, these results suggest that fuel taxes are likely to be a more effective policy measure in reducing emissions than fuel- efficiency standards.
- ISBN
-
978-3-86788-076-3
- Sprache
-
Englisch
- Erschienen in
-
Series: Ruhr Economic Papers ; No. 72
- Klassifikation
-
Wirtschaft
Household Production and Intrahousehold Allocation
Energy: Demand and Supply; Prices
- Thema
-
Automobile travel
rebound effect
two-part model
Motorisierter Individualverkehr
Privater Haushalt
Kraftfahrzeug
Energiesparen
Benzin
Preis
Mineralölsteuer
Ökosteuer
Steuerwirkung
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Frondel, Manuel
Vance, Colin
- Ereignis
-
Veröffentlichung
- (wer)
-
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
- (wo)
-
Essen
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Frondel, Manuel
- Vance, Colin
- Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
Entstanden
- 2008
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