Artikel

How do fuel taxes impact new car purchases? An evaluation using French consumer-level data

This study evaluates the impact of fuel taxes on new car purchases, using exhaustive individual-level data of monthly new car registrations in France. We use information on the car holder to account for heterogeneous preferences across purchasers, and we identify demand parameters through the large oil price fluctuations of this period. We find that the short-term sensitivity of demand with respect to fuel prices is low, particularly for corporate purchases. Using our estimates to compute elasticities, we assess the impact of a policy equalizing diesel and gasoline taxes. Such a policy reduces the share of diesel-engines without substantially changing the average fuel consumption or CO2 intensity of new cars. Alternatively, we find that a (revenue-equivalent) carbon tax has only small effects on average fuel consumption and CO2 intensity of new cars.

Language
Englisch

Bibliographic citation
Journal: Energy Economics ; ISSN: 0140-9883 ; Volume: 74 ; Year: 2018 ; Pages: 76-96 ; Amsterdam: Elsevier

Classification
Wirtschaft
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Consumer Economics: Empirical Analysis
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Automobiles; Other Transportation Equipment; Related Parts and Equipment
Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Subject
Fuel prices
Automobile demand
Carbon dioxide emissions
Environmental tax

Event
Geistige Schöpfung
(who)
Givord, Pauline
Grislain-Letrémy, Céline
Naegele, Helene
Event
Veröffentlichung
(who)
Elsevier
ZBW - Leibniz Information Centre for Economics
(where)
Amsterdam
(when)
2018

DOI
doi:10.1016/j.eneco.2018.04.042
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Givord, Pauline
  • Grislain-Letrémy, Céline
  • Naegele, Helene
  • Elsevier
  • ZBW - Leibniz Information Centre for Economics

Time of origin

  • 2018

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