EconPapers    
Economics at your fingertips  
 

Fuel Prices and New Vehicle Fuel Economy in Europe

Thomas Klier and Joshua Linn

Working Papers from Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research

Abstract: This paper evaluates the effect of fuel prices on new vehicle fuel economy in the eight largest European markets. The analysis spans the years 2002–2007 and uses detailed vehicle registration and specification data to control for policies, consumer preferences, and other potentially confounding factors. Fuel prices have a statistically significant effect on new vehicle fuel economy in Europe, but this estimated effect is much smaller than that for the United States. Within Europe, fuel economy responds more in the United Kingdom and France than in the other large markets. Overall, substantial changes in fuel prices would have relatively small effects on the average fuel economy of new vehicles sold in Europe. We find no evidence that diesel fuel prices have a large effect on the market share of diesel vehicles.

Date: 2011-08
New Economics Papers: this item is included in nep-ene, nep-eur and nep-hme
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://tisiphone.mit.edu/RePEc/mee/wpaper/2011-017.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to tisiphone.mit.edu:80 (No such host is known. )

Related works:
Working Paper: Fuel Prices and New Vehicle Fuel Economy in Europe (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mee:wpaper:1117

Access Statistics for this paper

More papers in Working Papers from Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research Contact information at EDIRC.
Bibliographic data for series maintained by Sharmila Ganguly ( this e-mail address is bad, please contact ).

 
Page updated 2023-12-25
Handle: RePEc:mee:wpaper:1117