Automobile fuel economy: What is it worth?

被引：35

作者：

Espey, M ^{[1
]}

Nair, S

机构：

[1] Clemson Univ, Clemson, SC 29634 USA

[2] Symphony serv India Pvt Ltd, IRI AIG GOC, Bangalore 4560025, Karnataka, India

来源：

CONTEMPORARY ECONOMIC POLICY | 2005年 / 23卷 / 03期

关键词：

D O I：

10.1093/cep/byi024

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

=The marginal value of increased automobile fuel economy is estimated using a hedonic model of 2001 model year automobiles sold in the United States. This value is then compared to the average expected lifetime fuel savings attributable to increased fuel economy. Results indicate that automobile buyers fully internalize fuel cost savings attributable to improved fuel economy at low discount rates, and may partially internalize other perceived benefits of improved fuel economy such as reduction in global warming or fossil fuel dependence.

引用

页码：317 / 323

页数：7

共 25 条

[1] ECONOMETRIC ISSUES OF ESTIMATING HEDONIC PRICE FUNCTIONS - WITH AN APPLICATION TO THE UNITED-STATES MARKET FOR AUTOMOBILES [J].