Charles Sims, Bongkyun Kim and Matthew Murray, 2016
Archives for September 2016
The Impact of Increased Fuel Economy for Light-Duty Vehicles on the Distribution of Income in the United States
This report describes the results of statistical estimation of models of scrappage rates and survival probabilities as a function of vehicle age for U.S. light-duty vehicles. The data used are counts of vehicles in operation by vehicle type and model year for calendar years 2002-2020, which allows scrappage functions to be estimated for years 2003-2020.