Drive less, drive better, or both? Behavioral adjustments to fuel price changes in Germany
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11690%2F22%3A10448847" target="_blank" >RIV/00216208:11690/22:10448847 - isvavai.cz</a>
Výsledek na webu
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=5un.CYjllU" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=5un.CYjllU</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.reseneeco.2022.101292" target="_blank" >10.1016/j.reseneeco.2022.101292</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Drive less, drive better, or both? Behavioral adjustments to fuel price changes in Germany
Popis výsledku v původním jazyce
The demand for motor fuel should decline when its price rises, but how exactly does that happen? Do people drive less, do they drive more carefully to conserve fuel, or do they do both? To answer these questions, we use data from the German Mobility Panel from 2004 to 2019, taking advantage of the fluctuations in motor fuel prices over time and across locales to see how they affect Vehicle Kilometers Traveled (VKT) and on-road fuel economy (expressed in kilometers per liter) for gasoline and diesel cars. Our reduced-form regressions show that while the VKTs driven by gasoline cars decrease when the price of gasoline rises, there is virtually no response among diesel cars. Likewise, the on-road fuel economy is largely unresponsive to fuel price changes, irrespective of the fuel type. Since the price elasticity of fuel consumption is the difference between the price elasticity of VKT and the price elasticity of the fuel economy, our results suggest that the fuel economy might be the "weakest link" of price-based policies that seek to address environmental externalities. (c) 2022 Elsevier B.V. All rights reserved.
Název v anglickém jazyce
Drive less, drive better, or both? Behavioral adjustments to fuel price changes in Germany
Popis výsledku anglicky
The demand for motor fuel should decline when its price rises, but how exactly does that happen? Do people drive less, do they drive more carefully to conserve fuel, or do they do both? To answer these questions, we use data from the German Mobility Panel from 2004 to 2019, taking advantage of the fluctuations in motor fuel prices over time and across locales to see how they affect Vehicle Kilometers Traveled (VKT) and on-road fuel economy (expressed in kilometers per liter) for gasoline and diesel cars. Our reduced-form regressions show that while the VKTs driven by gasoline cars decrease when the price of gasoline rises, there is virtually no response among diesel cars. Likewise, the on-road fuel economy is largely unresponsive to fuel price changes, irrespective of the fuel type. Since the price elasticity of fuel consumption is the difference between the price elasticity of VKT and the price elasticity of the fuel economy, our results suggest that the fuel economy might be the "weakest link" of price-based policies that seek to address environmental externalities. (c) 2022 Elsevier B.V. All rights reserved.
Klasifikace
Druh
J<sub>imp</sub> - Článek v periodiku v databázi Web of Science
CEP obor
—
OECD FORD obor
50201 - Economic Theory
Návaznosti výsledku
Projekt
<a href="/cs/project/GX19-26812X" target="_blank" >GX19-26812X: Excelence v ekonomickém výzkumu energetické efektivity a modelování dopadů - FE3M</a><br>
Návaznosti
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Ostatní
Rok uplatnění
2022
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Resources and Energy Economics
ISSN
0928-7655
e-ISSN
1873-0221
Svazek periodika
68
Číslo periodika v rámci svazku
May 2022
Stát vydavatele periodika
NL - Nizozemsko
Počet stran výsledku
21
Strana od-do
101292
Kód UT WoS článku
000767988200002
EID výsledku v databázi Scopus
2-s2.0-85124316150