EconStor >
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Essen >
Ruhr Economic Papers, RWI >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/61457
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorFrondel, Manuelen_US
dc.contributor.authorVance, Colinen_US
dc.date.accessioned2012-08-27en_US
dc.date.accessioned2012-08-27T12:58:04Z-
dc.date.available2012-08-27T12:58:04Z-
dc.date.issued2011en_US
dc.identifier.isbn978-3-86788-321-4en_US
dc.identifier.urihttp://hdl.handle.net/10419/61457-
dc.description.abstractRebound effects measure the behaviorally induced offset in the reduction of energy consumption following efficiency improvements. Using panel estimation methods and household travel diary data collected in Germany between 1997 and 2009, this study identifies the rebound effect in private transport by allowing for the possibility that fuel price elasticities - from which rebound effects can be derived - are asymmetric. This approach rests on evidence that has emerged from the empirical literature suggesting that the response in individual travel demand to price increases is stronger than to decreases. Such an asymmetric response would necessitate reference to the fuel price elasticity derived from price decreases in order to identify the rebound effect, as the rebound occurs in response to a decrease in unit cost for car travel due to improved fuel efficiency. While we fail to reject the hypothesis that the magnitude of the response to a price increase is equal to that of a price decrease, our rebound effect estimate for single-vehicle households of 58% is in line with a recent German study by Frondel, Peters, and Vance (2008).en_US
dc.language.isoengen_US
dc.publisherRWI Essenen_US
dc.relation.ispartofseriesRuhr Economic Papers 276en_US
dc.subject.jelD13en_US
dc.subject.jelQ41en_US
dc.subject.ddc330en_US
dc.subject.keywordAutomobile travelen_US
dc.subject.keywordpanel estimation modelsen_US
dc.titleRe-identifying the rebound: What about asymmetry?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn722293895en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des RWI
Ruhr Economic Papers, RWI

Files in This Item:
File Description SizeFormat
722293895.pdf250.44 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.