Increasing Motor Vehicle Fuel Efficiency through Technological Change - The Role of Fuel Taxes
(2011) NEKM01 20111Department of Economics
- Abstract
- This study examines the effects of automotive fuel taxes on technoloical innovation in the field of motor vehicle fuel efficiency. The analysis is conducted using patent data on a panel of OECD countries over the period 1978-2007. A complementary analysis is also conducted using the average level of CO2 emissions from newly registered passenger cars in EU countries over the period 2001-2007, so as to further analyze the impact of the patenting activity that has been observed. The overall results show that both fuel prices and taxes have played a significant role in encouraging patent applications. Further, the results strongly indicate that the effect of taxes is greater than the effect of end-user prices, emphasizing the potential of... (More)
- This study examines the effects of automotive fuel taxes on technoloical innovation in the field of motor vehicle fuel efficiency. The analysis is conducted using patent data on a panel of OECD countries over the period 1978-2007. A complementary analysis is also conducted using the average level of CO2 emissions from newly registered passenger cars in EU countries over the period 2001-2007, so as to further analyze the impact of the patenting activity that has been observed. The overall results show that both fuel prices and taxes have played a significant role in encouraging patent applications. Further, the results strongly indicate that the effect of taxes is greater than the effect of end-user prices, emphasizing the potential of taxes to serve as credible indicators of future market conditions. A negative correlation between fuel end-user prices and average CO2 emissions is also found, yet of a less convincing significance. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1895392
- author
- Marking, Annika LU
- supervisor
-
- Olof Ejermo LU
- organization
- course
- NEKM01 20111
- year
- 2011
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Environmental policy, innovation, automotive industry, fuel efficiency, fuel taxes
- language
- English
- id
- 1895392
- date added to LUP
- 2011-05-16 16:01:52
- date last changed
- 2019-09-04 14:56:12
@misc{1895392, abstract = {{This study examines the effects of automotive fuel taxes on technoloical innovation in the field of motor vehicle fuel efficiency. The analysis is conducted using patent data on a panel of OECD countries over the period 1978-2007. A complementary analysis is also conducted using the average level of CO2 emissions from newly registered passenger cars in EU countries over the period 2001-2007, so as to further analyze the impact of the patenting activity that has been observed. The overall results show that both fuel prices and taxes have played a significant role in encouraging patent applications. Further, the results strongly indicate that the effect of taxes is greater than the effect of end-user prices, emphasizing the potential of taxes to serve as credible indicators of future market conditions. A negative correlation between fuel end-user prices and average CO2 emissions is also found, yet of a less convincing significance.}}, author = {{Marking, Annika}}, language = {{eng}}, note = {{Student Paper}}, title = {{Increasing Motor Vehicle Fuel Efficiency through Technological Change - The Role of Fuel Taxes}}, year = {{2011}}, }