Who Values Future Energy Savings? Evidence from American Drivers
Who Values Future Energy Savings? Evidence from American Drivers
复制标题
谁重视未来的节能?
DOI:
10.1086/722577
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发表时间:
2020
影响因子:
3.6
通讯作者:
Lutz Sager
中科院分区:
文献类型:
--
作者:
Arik Levinson;Lutz Sager
Regulators attest that energy efficiency standards save consumers money. More efficient light bulbs, appliances, and vehicles would cost more up front but reduce energy expenses by enough to compensate. Using data on American drivers and cars, we show this to be true, but only on average. Many drivers could save money in less fuel-efficient cars. In fact, we find little correlation between mileage and fuel economy. A driver’s income, sex, age, and education are far more closely associated with their vehicle’s fuel economy. Rich drivers are not more sensitive to fuel costs, undermining claims that borrowing constraints explain the mismatch.