A Regional Econometric Analysis of Energy Prices and Economic Activity
构建了一个结合动态成本函数、消费者燃料需求方程和人口模型的区域计量经济模型,用于评估纽约州渐进式汽油税对经济的影响,发现若通胀影响小,该政策可提高州产出和收入。
An econometric model of the interactions between energy demand and regional economic activity is discussed. The model combines dynamic cost functions, consumer fuel demand equations, and a demographic model, all within the context of a regional econometric model. The model is used to estimate the effects of a graduated fifty-cent gasoline tax on the New York State economy. The gasoline tax revenues are rebated to users in the form of reduced State taxes. The results suggest that this policy would lead to higher State output and income if the inflationary impacts of the tax are minimal.