Automobiles on steroids: Product attribute trade-offs and technological progress in the automobile sector
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, fu...
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Format: | Article |
Language: | en_US |
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American Economic Association
2012
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Online Access: | http://hdl.handle.net/1721.1/75250 https://orcid.org/0000-0002-7654-8641 |