Industrialized Cyclist Notepad

Gas taxes in different countries

Via Econbrowser, writing about Knittel’s new paper.


Japan is in but China and Turkey are out
January 12, 2012, 08:56
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Japan to reduce oil imports from Iran in line with US sanctions after snub from China – The Washington Post.

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.

Automobiles on Steroids
January 12, 2012, 08:38
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From a paper by Christopher Knittel in American Economic Review (pdf).

click to enlarge

Since 1980, horsepower has more than doubled, and average weight has gone way up, so mpg gains have been largely canceled.

U.S. tries to leverage China with Iran sanctions
January 12, 2012, 04:12
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The terms of the sanctions set arbitrarily by US govt. Could see this coming from the cheap seats.

And let’s just keep this little bit handy —

Actually that’s Judy Miller residue
January 12, 2012, 01:18
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