This paper discusses the nature, and magnitude, of externalities associated with automobile
use, including local and global pollution, oil dependence, traffic congestion and traffic …

Most studies suggest that environmental taxes are regressive, making them less attractive
policy options. We consider the distributional effects of a gasoline tax increase using four …

Concerns about energy security and climate change have sparked legislators' interest in
reducing gasoline consumption by increasing corporate average fuel-economy (CAFE) …

In this paper the US gasoline demand from 1976 to 2008 is estimated using a time-varying
cointegrating regression. We find that price elasticity increased rapidly during the late 1970s …

Environmental protection is one of Europe's key values. The EU has set clear policy
objectives to achieve its environmental goals. The EU has favoured market-based …

A substantial literature examines how the Pigouvian directive that marginal taxes should
equal marginal external harms needs to be modified in light of the preexisting distortion due …

High nominal gas prices, new awareness of threats to national security, and growing
concern about global warming have reignited discussion of ways to reduce gasoline …

This paper analyzes the distributional incidence of the excise tax on gasoline in Chile using
Household Budget Surveys. The incidence is calculated with respect to both income and …

Standard Pigovian tax theory has been extended in two directions. First, many polluting
activities are difficult to tax because they are not market transactions, and so recent papers …

The economic activity of businesses and the living standards of the population are largely
dependent on inflation. Here, energy prices are of particular importance. Energy is what …