Policies towards a more efficient car fleet
Transportation within the EU, as in most of the industrialized world, shows an increasing trend in CO2 emissions. This calls for measures both to decrease the amount of transportation and/or to increase the efficiency in the vehicle fleet. The present paper addresses the latter by providing a simple and transparent analytical model that illustrates how different policy measures address different parts of an interlinked system, which determines the composition of the future car fleet. Apart from being simple, and thereby providing an intuitive framework, the model highlights the difference between initial responses to policies and the outcome in equilibrium both in the short and the long run.
|Date of creation:||18 Dec 2008|
|Date of revision:|
|Publication status:||Forthcoming in Energy Policy.|
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- Greene, David L. & Patterson, Philip D. & Singh, Margaret & Li, Jia, 2005. "Feebates, rebates and gas-guzzler taxes: a study of incentives for increased fuel economy," Energy Policy, Elsevier, vol. 33(6), pages 757-775, April.
- Fang, Hao Audrey, 2008. "A discrete-continuous model of households' vehicle choice and usage, with an application to the effects of residential density," Transportation Research Part B: Methodological, Elsevier, vol. 42(9), pages 736-758, November.
- Denise DiPasquale & William C. Wheaton, 1992. "The Markets for Real Estate Assets and Space: A Conceptual Framework," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 20(2), pages 181-198.
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