MARC Record from Library of Congress

LEADER: 02368nam a22003377a 4500
001 2005619200
003 DLC
005 20090827111609.0
007 cr |||||||||||
008 050825s2005 mau sb 000 0 eng
010 $a 2005619200
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aFeng, Ye.
245 10 $aVehicle choices, miles driven, and pollution policies$h[electronic resource] /$cYe Feng, Don Fullerton, Li Gan.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2005.
490 1 $aNBER working paper series ;$vworking paper 11553
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 8/25/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"Mobile sources contribute large percentages of each pollutant, but technology is not yet available to measure and tax emissions from each vehicle. We build a behavioral model of household choices about vehicles and miles traveled. The ideal-but-unavailable emissions tax would encourage drivers to abate emissions through many behaviors, some of which involve market transactions that can be observed for feasible market incentives (such as a gas tax, subsidy to new cars, or tax by vehicle type). Our model can calculate behavioral effects of each such price and thus calculate car choices, miles, and emissions.A nested logit structure is used to model discrete choices among different vehicle bundles. We also consider continuous choices of miles driven and the age of each vehicle. We propose a consistent estimation method for both discrete and continuous demands in one step, to capture the interactive effects of simultaneous decisions. Results are compared with those of the traditional sequential estimation procedure"--National Bureau of Economic Research web site.
650 0 $aPollution$xGovernment policy$xMathematical models.
650 0 $aAutomobiles$xPurchasing$xMathematical models.
650 0 $aAutomobile driving$xEconomic aspects.
700 1 $aFullerton, Don.
700 1 $aGan, Li.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 11553.
856 40 $uhttp://papers.nber.org/papers/W11553