Replication data for: Vehicle Scrappage and Gasoline Policy

Mark R. Jacobsen & Arthur A. Van Benthem
We estimate the sensitivity of scrap decisions to changes in used car values and show how this \"scrap elasticity\" produces emissions leakage under fuel efficiency standards, a process known as the Gruenspecht effect. We first estimate the effect of gasoline prices on used vehicle values and scrappage of vehicles with different fuel economies. We then estimate the scrap elasticity itself, which we find to be -0.7. When applied in a model of fuel economy standards,...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.