Data for: Hidden regimes and the demand for carbon dioxide from motor-gasoline

Abstract of associated article: Perhaps the most tactile source of anthropogenic carbon dioxide (CO2) emissions stem from vehicle-use. Because consumers are well aware of their price and quantity decisions it is likely that consumer demand for CO2 emissions from motor-gasoline are quite responsive to the overall state of the economy. Using a structurally identified Markov-switching demand model I find that CO2 emissions respond asymmetrically to changes in income and the price of gasoline in expansionary and contracting states of the economy. The findings of this paper indicate that flexible policy instruments have the potential to mitigate undue burden on consumers and producers compared to their static counterparts.

相关研究论文摘要：人为二氧化碳（CO₂）排放最具直观感知性的来源当属机动车使用活动。由于消费者明确知晓自身的价格与数量决策逻辑，其对车用汽油所产生的二氧化碳排放的需求，很可能对整体经济运行状况具有较强的响应敏感性。本文采用结构识别马尔可夫转换（Markov-switching）需求模型，研究发现：在经济扩张与经济收缩阶段，二氧化碳排放对收入变动与汽油价格变化的响应存在非对称性。本文研究结果表明，相较于静态政策工具，柔性政策工具具备缓解消费者与生产者不必要负担的潜力。