Filed under: Uncategorized | Tags: Econbrowser, energy, gas tax, gasoline tax, Holland, James Hamilton, Knittel, petrol taxes, transportation
Via Econbrowser, writing about Knittel’s new paper.
Filed under: Uncategorized | Tags: China, energy, Iran, Iran sanctions, Japan, oil imports, oil trade, Turkey
My sense is that Iran and China can work things out without “the international financial system.” Curious policy from the U.S. now, could work very much in China’s favor.
U.S allies like Japan appear to support the sanctions by “reducing” their oil imports from Iran by some unknown amount.
Filed under: Uncategorized | Tags: efficiency, horsepower, Knittel, mpg, vehicle weight
From a paper by Christopher Knittel in American Economic Review (pdf).
http://web.mit.edu/newsoffice/2011/cars-on-steroids-0104.html
Since 1980, horsepower has more than doubled, and average weight has gone way up, so mpg gains have been largely canceled.
Filed under: Uncategorized | Tags: China, exports, Geithner, Iran, Iran sanctions, oil imports, petroleum
The terms of the sanctions set arbitrarily by US govt. Could see this coming from the cheap seats.
http://www.nytimes.com/2012/01/12/world/asia/china-balks-as-geithner-presses-on-iran-curbs.html
And let’s just keep this little bit handy —