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Automobiles on steroids: Product attribute trade-offs and technological progress in the automobile sector

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dc.contributor.author Knittel, Christopher Roland
dc.date.accessioned 2012-12-05T20:14:25Z
dc.date.available 2012-12-05T20:14:25Z
dc.date.issued 2011-12
dc.identifier.issn 0002-8282
dc.identifier.issn 1944-7981
dc.identifier.uri http://hdl.handle.net/1721.1/75250
dc.description.abstract This paper estimates the technological progress that has occurred since 1980 in the automobile industry and the trade-offs faced when choosing between fuel economy, weight, and engine power characteristics. The results suggest that if weight, horsepower, and torque were held at their 1980 levels, fuel economy could have increased by nearly 60 percent from 1980 to 2006. Once technological progress is considered, meeting the CAFE standards adopted in 2007 will require halting the trend in weight and engine power characteristics, but little more. In contrast, the standards recently announced by the new administration, while attainable, require nontrivial "downsizing." en_US
dc.description.sponsorship California Environmental Protection Agency. Air Resources Board en_US
dc.description.sponsorship University of California, Davis. Institute of Transportation Studies en_US
dc.language.iso en_US
dc.publisher American Economic Association en_US
dc.relation.isversionof http://dx.doi.org/10.1257/aer.101.7.3368 en_US
dc.rights Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. en_US
dc.source AEA en_US
dc.title Automobiles on steroids: Product attribute trade-offs and technological progress in the automobile sector en_US
dc.type Article en_US
dc.identifier.citation Knittel, Christopher R. “Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector.” American Economic Review 101.7 (2011): 3368–3399. Web. en_US
dc.contributor.department Sloan School of Management en_US
dc.contributor.mitauthor Knittel, Christopher Roland
dc.relation.journal American Economic Review en_US
dc.identifier.mitlicense PUBLISHER_POLICY en_US
dc.eprint.version Final published version en_US
dc.type.uri http://purl.org/eprint/type/JournalArticle en_US
eprint.status http://purl.org/eprint/status/PeerReviewed en_US
dspace.orderedauthors Knittel, Christopher R en


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