scholarly journals What Matters for Consumer Sentiment? World Oil Price or Retail Gasoline Price?

2020 ◽  
Author(s):  
Sofronis Clerides ◽  
Styliani-Iris Krokida ◽  
Neophytos Lambertides ◽  
Dimitris A. Tsouknidis
Keyword(s):  
Oil Price ◽  
Consumer Sentiment ◽  
Gasoline Price ◽  
Retail Gasoline ◽  
What Matters

What matters for consumer sentiment in the euro area? World crude oil price or retail gasoline price?

2021 ◽  
pp. 105743
Author(s):  
Sofronis Clerides ◽  
Styliani-Iris Krokida ◽  
Neophytos Lambertides ◽  
Dimitris Tsouknidis
Keyword(s):  
Crude Oil ◽  
Euro Area ◽  
Oil Price ◽  
Consumer Sentiment ◽  
Crude Oil Price ◽  
Gasoline Price ◽  
Retail Gasoline ◽  
What Matters

scholarly journals Gasoline Taxes and Consumer Behavior

2014 ◽  
Vol 6 (4) ◽  
pp. 302-342 ◽  
Author(s):  
Shanjun Li ◽  
Joshua Linn ◽  
Erich Muehlegger
Keyword(s):  
Gasoline Prices ◽  
Government Revenue ◽  
Gasoline Price ◽  
Consumer Responses ◽  
Gasoline Tax ◽  
Retail Gasoline ◽  
Gasoline Taxes ◽  
Tax Changes ◽  
Automobile Use ◽  
Robust Evidence

Gasoline taxes can be employed to correct externalities from automobile use and to raise government revenue. Our understanding of the optimal gasoline tax and the efficacy of existing taxes is largely based on empirical analysis of consumer responses to gasoline price changes. In this paper, we examine directly how gasoline taxes affect gasoline consumption as distinct from tax-inclusive retail gasoline prices. We find robust evidence that consumers respond more strongly to gasoline tax changes under a variety of model specifications. We discuss two potential reasons for our main findings as well as their implications. (JEL D12, H21, H25, H31, L71, Q35)

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