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DOI | 10.1016/j.enpol.2021.112445 |
Trade-offs between vehicle fuel economy and performance: Evidence from heterogeneous firms in China | |
Wu J.; Posen I.D.; MacLean H.L. | |
发表日期 | 2021 |
ISSN | 03014215 |
卷号 | 156 |
英文摘要 | Technological progress is an effective way to improve fuel economy in vehicles. Using a rich model-level dataset of all new passenger cars in China from 2010 to 2019, this paper estimates progress in fuel economy after controlling for increases in vehicle performance. Considering the unique structure of the automobile industry in China, we explore differences between indigenous vehicles (IV), joint venture vehicles (JV), and foreign vehicles (FV). The results show that a 10% increase in curb weight is correlated with a 6.4% increase in fuel consumption. When holding other vehicle characteristics constant, technological progress can reduce fuel consumption by 3.5% annually. Technological progress is larger for JV (3.9%) than FV (3.3%) and IV (3.1%). In particular, IV produced by firms that are also engaged in JV showed slower technological progress (2.6%) than other IV counterparts (3.9%). A majority of JV would be able to meet future fuel consumption standards on individual vehicles at the average historical rate of technological progress. In contrast, IV will face a greater challenge, especially for IV produced by firms with JV. Although weight reduction can reduce fuel consumption, it plays a limited role in regulatory compliance due to the weight-based regulations. © 2021 Elsevier Ltd |
关键词 | Fuel economyTechnological progressTrade-offVehicle compliance |
英文关键词 | Automotive industry; Economic and social effects; Fuels; Regulatory compliance; Vehicle performance; Foreign vehicles; Fuel performance; Heterogeneous firms; Joint ventures; Performance; Technological progress; Trade off; Vehicle characteristics; Vehicle compliance; Vehicle fuel economy; Fuel economy; automobile industry; compliance; fuel consumption; performance assessment; technological development; trade-off; transport vehicle; China |
语种 | 英语 |
来源期刊 | Energy Policy |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205405 |
作者单位 | College of Economics and Management, South China Agricultural University, Guangzhou, 510642, China; School of Management and Economics, Beijing Institute of Technology, Beijing, 100081, China; Department of Civil & Mineral Engineering, University of Toronto, Toronto, ON M5S 1A4, Canada; Department of Chemical Engineering & Applied Chemistry, University of Toronto, Toronto, ON M5S 3E5, Canada |
推荐引用方式 GB/T 7714 | Wu J.,Posen I.D.,MacLean H.L.. Trade-offs between vehicle fuel economy and performance: Evidence from heterogeneous firms in China[J],2021,156. |
APA | Wu J.,Posen I.D.,&MacLean H.L..(2021).Trade-offs between vehicle fuel economy and performance: Evidence from heterogeneous firms in China.Energy Policy,156. |
MLA | Wu J.,et al."Trade-offs between vehicle fuel economy and performance: Evidence from heterogeneous firms in China".Energy Policy 156(2021). |
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