Arbeitspapier
Fuel efficiency improvements - feedback mechanisms and distributional effects in the oil market
We study the interactions between fuel efficiency improvements in the transport sector and the oil market, where the efficiency improvements are policy-induced in certain regions of the world We are especially interested in feedback mechanisms of fuel efficiency such as the rebound effect, carbon leakages and the "green paradox", but also the distributional effects via oil price changes for different regions, sectors and oil producers. An intertemporal numerical model of the international oil market is introduced, where OPEC-Core producers have market power. We find that the rebound effect has a noticeable effect on the transport sector, but also on other sectors through lower oil prices in the regions that introduce the policy. There is a small green paradox effect in the sense that oil consumption increases initially when the fuel efficiency measures are gradually implemented. Finally, there will be significant carbon leakages if the policy is not implemented in all regions, with leakage rates of 35 per cent or higher. Non-OPEC producers will suffer more than OPEC producers by fuel efficiency policies due to high production costs.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Papers ; No. 839
- Klassifikation
-
Wirtschaft
Market Structure, Pricing, and Design: Monopoly
Climate; Natural Disasters and Their Management; Global Warming
Transportation Economics: Government Pricing and Policy
- Thema
-
Fuel efficiency
transport
oil market
market power
distribution: feedback mechanisms
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Aune, Finn Roar
Bøeng, Ann Christin
Kverndokk, Snorre
Lindholt, Lars
Rosendahl, Knut Einar
- Ereignis
-
Veröffentlichung
- (wer)
-
Statistics Norway, Research Department
- (wo)
-
Oslo
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Aune, Finn Roar
- Bøeng, Ann Christin
- Kverndokk, Snorre
- Lindholt, Lars
- Rosendahl, Knut Einar
- Statistics Norway, Research Department
Entstanden
- 2016
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