While the fuel efficiency of passenger and freight transport has improved, it may have unintentionally increased the number of cars on the road or encouraged the development of larger, more powerful vehicles. What is the nature and magnitude of these rebound effects and their policy implications?
Our latest EPSRC-funded research carried out in CIED (and led by SPRU, Sussex) has something new to say about the testing of statistical models. Available now in the journal Energy Economics and authored by Lee Stapleton, Steve Sorrell and Tim Schwanen, you can access the paper here The paper estimates the so-called ‘direct rebound effect’ associated …
