Utilizad este identificador para citar o enlazar este documento: http://hdl.handle.net/2072/262450

Changes in fuel economy: an analysis of the Spanish car market
Matas i Prat, Anna; Raymond Bara, José Luís; Domínguez Moreno, Jorge Andrés
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.
05-2016
Car characteristics
Technological change
Fuel efficiency
33 - Economia
Petroli -- Espanya
Automòbils -- Espanya
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/
41 p.
Documento de trabajo
Universitat Autònoma de Barcelona. Departament d'Economia Aplicada
Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada);16.08
         

Documentos con el texto completo de este documento

Ficheros Tamaño Formato
wpdea1608.pdf 752.1 KB PDF

Mostrar el registro completo del ítem

Documentos relacionados

Otros documentos del mismo autor/a

Matas i Prat, Anna; Raymond Bara, José Luís; Roig Sabaté, José Luis
Asensio Ruiz de Alda, Francisco Javier; Matas i Prat, Anna; Raymond Bara, José Luis