Here is another example of state reliance on gas tax revenues ... and a silly recalcitrance to raise taxes, any taxes, any amount as Kentucky politicians pull an all-nighter to agree on a budget (Bridges, gas tax ...): One unresolved iss...
Continue reading "A higher gas tax isn't a tax increase in Kentucky" »
Yesterday we mentiond the NYTimes gas tax poll, today Tom Friedman writes about it (Who's Afraid of a Gas Tax, $$$): My gut told me this was the case, but it's great to see it confirmed by the latest New York Times/CBS News poll: America...
Continue reading "Friedman follows up on the NYT gas tax poll" »
Jeffrey Frankel at Econbrowser:
World oil prices have been highly volatile during the last decade. Over the past year they have fallen more than 50%.
Should we root for prices to go up, down, or stay the same? The economic effects of...
I'm always on the lookout for reasons to advocate a gas tax. Sometimes it is a reach, sometimes it is not. Today, it is a reach: a gas tax can help reduce smoking.
Continue reading "Solution to the cigarette tax differential problem" »
Maximilian Auffhammer at the energy blog with no name:
... The national average price for gasoline is $1.80 this week, with a minimum of $1.29 in Tulsa, Oklahoma. The external costs for a gallon of gasoline, as estimated in a now clas...
Tom Friedman, in his NYTimes column from 9/21 (Bush's Waterlogged Halo, $$$), says:Imagine - I know it is a stretch - that the president announced tomorrow that he wanted an immediate 50-cents-a-gallon gasoline tax - the "American Renewa...
Continue reading "Tom Friedman's gas tax" »
Paul J. Burke and Shuhei Nishitateno:
This study utilizes data for 144 countries from 1991 to 2010 to present the first international estimates of the gasoline price elasticity of road fatalities. We instrument each country's gasolin...
Interesting results, but the policy recommendations seem like killing an ant with a sledgehammer.
In the first study of its kind, Lawrence Berkeley National Laboratory (Berkeley Lab) researcher Alan Meier, working with Yuche Chen of t...
In a presentation titled "Alternatives for Making Federal Highway Spending More Productive," a Congressional Budget economist proposes three approaches to improving methods for spending on highway infrastructure:
To make federal highw...
An env-econ reader asks about a monetary estimate of the social costs of gasoline. I became excited about developing what is almost sure to be a somewhat bogus back-of-the-envelope estimate and using it as a front to pursue the gas tax p...
Continue reading "Social cost of gasoline" »