Per citar aquest document: http://ddd.uab.cat/record/157975
Changes in fuel economy : an analysis of the Spanish car market
Matas i Prat, Anna
Raymond Bara, José Luís
Domínguez Moreno, Jorge Andrés

Publicació: Universitat Autònoma de Barcelona. Departament d'Economia Aplicada 2016
Descripció: 41 p.
Col·lecció: Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada) ; 16.08
Resum: This paper estimates the role that technological change and car characteristics have played in the rate of fuel consumption of vehicles over time. Using data from the Spanish car market from 1988 to 2013, we estimate a reduced form equation that relates fuel consumption with a set of car characteristics. The results for the sales-weighted sample of vehicles show that energy efficiency would have improved by 30% and 42% for petrol and diesel cars respectively had car characteristics been held constant at 1988 values. However, the shift to bigger and more fuel-consuming cars reduced the gains from technological progress. Additionally, using the results of the fuel equation we show that, besides a natural growth rate of 1. 1%, technological progress is affected by both the international price of oil and the adoption of mandatory emission standards. Moreover, according to our estimations, a 1% growth in GDP would modify car characteristics in such a way that fuel consumption would increase by around 0. 23% for petrol cars and 0. 35% for diesel cars.
Drets: L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: Creative Commons
Document: workingPaper
Matèria: Petroli -- Espanya ; Automòbils -- Espanya ; Car characteristics ; Technological change ; Fuel efficiency

Adreça alternativa: http://hdl.handle.net/2072/262450


44 p, 734.5 KB

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 Registre creat el 2016-06-13, darrera modificació el 2016-06-21



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