EVALUATING FUEL-ECONOMY MANDATES: AN EXPLORATORY COST-BENEFIT ANALYSIS

This study documents the magnitude and distribution of the benefits and costs of Federally imposed fuel-economy mandates for automobiles of the type legislated in the Energy Policy and Conservation Act of 1975. Fuel-economy mandates are designed to increase new-car fuel economy and thus decrease total gasoline consumption. However, they also alter automobile production costs and prices, decrease driving costs, and probably stimulate more travel. They affect the auto industry, people who are employed in the industry, and people with an ownership interest in the industry. They affect the people who own and drive new cars and the people who buy those cars used. They affect tax receipts from automobile and gasoline purchases. This study develops and illustrates methods of predicting the incidence and severity of these effects and of estimating the net social costs and benefits of different levels of mandated fuel economy for 1985. See also the companion note RAND/N--1006-DOE. (ERA citation 05:016038)

  • Supplemental Notes:
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  • Corporate Authors:

    RAND Corporation

    1776 Main Street, P.O. Box 2138
    Santa Monica, CA  USA  90407-2138

    Department of Energy

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    Washington, DC  USA  20585
  • Authors:
    • Stucker, J P
    • Burright, B K
    • Mooz, W E
  • Publication Date: 1980-2

Media Info

  • Pagination: 174 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00318366
  • Record Type: Publication
  • Source Agency: National Technical Information Service
  • Contract Numbers: EX-76-C-01-2337
  • Files: TRIS
  • Created Date: Sep 16 1981 12:00AM