How effective are policies to reduce gasoline consumption? evaluating a quasi-natural experiment in Spain
Asensio Ruiz de Alda, Francisco Javier
Gómez-Lobo, Andrés
Matas i Prat, Anna
Universitat Autònoma de Barcelona. Departament d'Economia Aplicada

Data: 2013
Descripció: 35 p.
Resum: Using a panel of 48 provinces for four years we empirically analyze a series of temporary policies aimed at curbing fuel consumption implemented in Spain between March and June 2011. The first policy was a reduction in the speed limit in highways. The second policy was an increase in the biofuel content of fuels used in the transport sector. The third measure was a reduction of 5% in commuting and regional train fares that resulted in two major metropolitan areas reducing their overall fare for public transit. The results indicate that the speed limit reduction in highways reduced gasoline consumption by between 2% and 3%, while an increase in the biofuel content of gasoline increased this consumption. This last result is consistent with experimental evidence that indicates that mileage per liter falls with an increase in the biofuel content in gasolines. As for the reduction in transit fares, we do not find a significant effect for this policy. However, in specifications including the urban transit fare for the major cities in each province the estimated cross-price elasticity of the demand for gasoline -used as a proxy for car use- with respect to the price of transit is within the range reported in the literature. This is important since one of the main eficiency justification for subsidizing public transit rests on the positive value of this parameter and most of the estimates reported in the literature are quite dated.
Drets: Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades. Creative Commons
Llengua: Anglès
Col·lecció: Departament d'Economia Aplicada. Documents de treball
Col·lecció: Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada) ; 1303
Document: workingPaper
Matèria: Transport i Estat -- Espanya ; Carburants

Adreça alternativa:

35 p, 298.1 KB

El registre apareix a les col·leccions:
Documents de recerca > Working papers > Departament d'Economia Aplicada. Documents de treball

 Registre creat el 2013-03-11, darrera modificació el 2021-07-11

   Favorit i Compartir