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dc.contributor.authorBaur, Dirken_US
dc.contributor.authorTodorova, Nedaen_US
dc.date.accessioned2019-05-29T13:15:22Z
dc.date.available2019-05-29T13:15:22Z
dc.date.issued2018en_US
dc.identifier.issn0140-9883en_US
dc.identifier.doi10.1016/j.eneco.2018.05.034en_US
dc.identifier.urihttp://hdl.handle.net/10072/381932
dc.description.abstractThis paper analyzes the oil price sensitivity of the world's largest automobile manufacturers. After controlling for systematic effects we identify a negative oil price sensitivity consistent with a fuel-cost demand effect. This effect has strengthened recently potentially due to the increased popularity of SUVs and despite efforts of major producers to start or increase the production of hybrid and electric vehicles. Tesla is the only company that displays a positive oil price sensitivity consistent with a substitution effect between combustion-engine cars and electric cars.en_US
dc.description.peerreviewedYesen_US
dc.languageEnglishen_US
dc.publisherElsevieren_US
dc.publisher.placeNetherlandsen_US
dc.relation.ispartofpagefrom252en_US
dc.relation.ispartofpageto262en_US
dc.relation.ispartofjournalEnergy Economicsen_US
dc.relation.ispartofvolume74en_US
dc.subject.fieldofresearchElectrical and Electronic Engineering not elsewhere classifieden_US
dc.subject.fieldofresearchApplied Economicsen_US
dc.subject.fieldofresearchMechanical Engineeringen_US
dc.subject.fieldofresearchcode090699en_US
dc.subject.fieldofresearchcode1402en_US
dc.subject.fieldofresearchcode0913en_US
dc.titleAutomobile manufacturers, electric vehicles and the price of oilen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Articlesen_US
dc.type.codeC - Journal Articlesen_US
dcterms.licensehttp://creativecommons.org/licenses/by-nc-nd/4.0/en_US
dc.description.versionPost-printen_US
gro.rights.copyright© 2018 Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Licence (http://creativecommons.org/licenses/by-nc-nd/4.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, providing that the work is properly cited.en_US
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