Arbeitspapier

Future Pain at the Diesel Pump? Potential Effects of the European Commission's Energy Taxation Proposal

The Energy Tax Directive recently proposed by the European Commission envisages to tax fuels based on their energy content. By raising prices for diesel to a level higher than that of petrol, this proposal would eliminate the price advantage currently enjoyed by diesel in most EU Member States. To explore the implications of such a tax regime for automobile travel, the present analysis undertakes a comparative analysis of price elasticities for both fuel types. Drawing on household panel data from Germany, we fail to reject the hypothesis that the fuel price elasticities for petrol and diesel are equal. With our uniform fuel price elasticity estimates being on the order of -0.5 to -0.42, the typical finding from the empirical literature that the elasticities gleaned from household-level data are generally larger than those from aggregate time-series data is reconfirmed.

ISBN
978-3-86788-325-2
Sprache
Englisch

Erschienen in
Series: Ruhr Economic Papers ; No. 280

Klassifikation
Wirtschaft
Industry Studies: Utilities and Transportation: Government Policy
Data: Tables and Charts
Thema
Fuel taxation
fuel price elasticities
household data
automobile travel
panel

Ereignis
Geistige Schöpfung
(wer)
Frondel, Manuel
Vance, Colin
Ereignis
Veröffentlichung
(wer)
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
(wo)
Essen
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Frondel, Manuel
  • Vance, Colin
  • Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)

Entstanden

  • 2011

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