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The role of regulation, fiscal incentives and changes in tastes in the diffusion of unleaded petrol
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UNSPECIFIED (2000) The role of regulation, fiscal incentives and changes in tastes in the diffusion of unleaded petrol. OXFORD ECONOMIC PAPERS-NEW SERIES, 52 (2). pp. 326-356. ISSN 0030-7653.
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Abstract
This paper analyses the diffusion of unleaded petrol in the UK. Changes in the market share of unleaded fuel are the result of changes in the composition of the car stork and changes in the choice of fuel given the car stock We find that fuel type choices have been mainly driven by changes in tastes and learning as opposed to changes in relative prices induced by fiscal incentives. However car stock composition effects dominate the diffusion process and we find that through this route regulatory changes have made major contributions to changes in the market share of unleaded fuel.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
| Journal or Publication Title: | OXFORD ECONOMIC PAPERS-NEW SERIES | ||||
| Publisher: | OXFORD UNIV PRESS | ||||
| ISSN: | 0030-7653 | ||||
| Official Date: | April 2000 | ||||
| Dates: |
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| Volume: | 52 | ||||
| Number: | 2 | ||||
| Number of Pages: | 31 | ||||
| Page Range: | pp. 326-356 | ||||
| Publication Status: | Published |
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