In the U.S., the regulatory approach to automobile fuel choices has consisted almost exclusively of mandated changes in autos and fuel availability. This contrasts with Europe, where di®erential taxes and fees have been used to encourage the use of unleaded gasoline and diesel fuel. I use data for 48 states from 1980 to 1989 to estimate the e®ect of price di®erences between leaded and unleaded ...

Firms increasingly face both opportunities and risks: on the positive side, they can exploit fastburgeoning markets in emerging economies and leverage low factor costs in these countries; on the negative side, they face mounting cost pressures due to intensi…ed competition and eroding price premium due to fast commoditization and shorter product life cycles. The new competitive landscape of the...

in this paper, vehicle’s fuel consumption and exhaust emissions are investigated in different driving conditions based on driving segments clustering. driving data collection is performed using global positioning systems in real traffic conditions. the driving data is clustered into five groups using k-means clustering technique. vehicle’s fuel consumption and exhaust emissions (i.e. hc, nox a...

387 R ecent increases in international oil prices have resulted in substantial fuel subsidies in many developing and emerging market economies. After a long period of stability over the last two decades, international oil prices increased substantially from 2002. Prices increased from around US$25 per barrel in January 2003 to over US$65 per barrel by August 2005, an increase of about 260 perce...

In this paper we make use of detailed, transaction-level data on automobile purchases and monthly, ZIP-code level data on retail gasoline prices to investigate the effect of fuel prices on four aspects of automobile purchasing in the U.S.: market shares, new car prices, trade-in utilization, and new car inventories. We find statistically and economically significant effects in all four aspects,...

0016-2361/$ see front matter 2012 Elsevier Ltd. A http://dx.doi.org/10.1016/j.fuel.2012.03.031 ⇑ Corresponding author. Tel.: +60 16 590 3110; fax E-mail address: [email protected] (H.C. Ong). Increased biodiesel production is being proposed as one solution to the need to ease the impact of increased demand for crude oil and to reduce emissions of greenhouse gases. Despite this, biodiesel has ye...

In this paper we propose a new and highly tractable structural approach to spot price modeling and derivative pricing in electricity markets, thus extending the growing branch of literature which describes power price dynamics via its primary supply and demand factors. Using a bid stack approach, our model translates the demand for power and the prices of fuels, used in the power generation pro...

Reducing fuel consumption is a major goal for the aviation community due to environmental concern and fuel price uncertainty. The Federal Aviation Administration (FAA) is currently developing and implementing Air Traffic Management (ATM) technologies to ensure reliable operational performance that is robust to delays caused by congestion and weather. These technologies will reduce planned and u...

This study was conducted with the central aim of ascertaining the socioeconomic impacts of kerosene (paraffin) pricing on alternative sources of energy in Ibadan, a city in South West Nigeria. Data were collected through a survey of residential properties in Ibadan metropolis. Both descriptive statistics and multinomial logistic regression model were used for the empirical analysis. The models ...