Effect of gasoline prices on car fuel efficiency

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dc.contributor.author Marrouch, Walid
dc.contributor.author Mourad, Jana
dc.date.accessioned 2020-10-05T09:16:52Z
dc.date.available 2020-10-05T09:16:52Z
dc.date.copyright 2019 en_US
dc.date.issued 2020-10-05
dc.identifier.issn 0301-4215 en_US
dc.identifier.uri http://hdl.handle.net/10725/12215 en_US
dc.description.abstract This paper explores how gasoline prices affect the sales of new and used cars in Lebanon. Using a rich dataset on monthly imported cars from 2000 to 2016, a vector autoregressive analysis is used to model different consumer choices between fuel-efficient cars, midsize cars, and fuel-inefficient cars. We report the first empirical evidence on this question from the Middle East and North Africa (MENA) region using individual automobile data. We use within sample and out-of-sample tests to examine whether gasoline prices influence the sale of fuel-efficient cars. Our results show evidence against the hypothesis that rising gasoline prices shift consumers’ demand toward the most fuel-efficient cars. en_US
dc.language.iso en en_US
dc.title Effect of gasoline prices on car fuel efficiency en_US
dc.type Article en_US
dc.description.version Published en_US
dc.title.subtitle Evidence from Lebanon en_US
dc.author.school SOB en_US
dc.author.idnumber 200200185 en_US
dc.author.department Economics en_US
dc.description.embargo N/A en_US
dc.relation.journal Energy Policy en_US
dc.journal.volume 135 en_US
dc.article.pages 111001 en_US
dc.keywords Gasoline prices en_US
dc.keywords Automobiles en_US
dc.keywords Consumer choice en_US
dc.keywords Fuel efficiency en_US
dc.keywords Imports en_US
dc.keywords Lebanon en_US
dc.identifier.doi https://doi.org/10.1016/j.enpol.2019.111001 en_US
dc.identifier.ctation Marrouch, W., & Mourad, J. (2019). Effect of gasoline prices on car fuel efficiency: Evidence from Lebanon. Energy Policy, 135, 111001. en_US
dc.author.email walid.marrouch@lau.edu.lb en_US
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url https://www.sciencedirect.com/science/article/abs/pii/S0301421519305889 en_US
dc.orcid.id https://orcid.org/0000-0001-8488-6555 en_US
dc.author.affiliation Lebanese American University en_US

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