RFF Vehicle Market Model
The RFF Vehicle Market Model analyzes the US market for new passenger vehicles and light trucks using a unique dataset of 1.5 million vehicle purchase decisions.
About the Model
RFF maintains a model of the US market for new passenger vehicles and light trucks. Underpinning the model is a unique dataset of 1.5 million vehicle purchase decisions made by households during 2010-2018 and updated on a regular basis. These data include a detailed description of the vehicle purchased, other vehicles considered for purchase, and household demographics and economic characteristics. Consumer preferences for vehicle attributes are estimated from the survey data. The model integrates household preferences for vehicle attributes with manufacturer decisions of vehicle technology and pricing and of entry of new electric vehicles. This model can simulate the economic and environmental impacts of policies that affect the new vehicle market. Such policies include, but are not limited to, fuel economy and greenhouse gas standards, electric vehicle mandates and subsidies, electric vehicle charging infrastructure investments, gasoline and/or carbon taxes, and greenhouse gas cap and trade programs. Extensions of the model to the region and state level enable analysis of policies such as the zero-emissions vehicle mandate, regional carbon policies, state gasoline taxes, and electric vehicle subsidies (including charging infrastructure investments).
Model Resources
Topics
Featured Content
- Highlights
- Publications
Working Paper — Jan 21, 2022
Balancing Equity and Effectiveness for Electric Vehicle Subsidies
This working paper considers the welfare and distributional effects of electric vehicle subsidies.
Issue Brief — Sep 16, 2021
Emissions Projections under Alternative Climate Policy Proposals
In this issue brief, RFF researchers estimate the projected energy-related carbon dioxide emissions under different climate policy proposals.
Issue Brief — Apr 27, 2021
Emissions Projections for a Trio of Federal Climate Policies
Emissions Projections for a Trio of Federal Climate Policies
Issue Brief — Sep 22, 2020
Reducing the Costs of Federal Fuel Economy and Greenhouse Gas Standards by Accurately Estimating Lifetime Vehicle Miles Traveled
Reducing the Costs of Federal Fuel Economy and Greenhouse Gas Standards by Accurately Estimating Lifetime Vehicle Miles Traveled
Working Paper — Jan 21, 2022
Balancing Equity and Effectiveness for Electric Vehicle Subsidies
This working paper considers the welfare and distributional effects of electric vehicle subsidies.
Issue Brief — Sep 16, 2021
Emissions Projections under Alternative Climate Policy Proposals
In this issue brief, RFF researchers estimate the projected energy-related carbon dioxide emissions under different climate policy proposals.
Working Paper — Mar 31, 2020
Have US Fuel Economy and Greenhouse Gas Emissions Standards Improved Social Welfare?
Have US Fuel Economy and Greenhouse Gas Emissions Standards Improved Social Welfare?
Working Paper — Apr 17, 2019
Pass-Through and Welfare Effects of Regulations that Affect Product Attributes
Pass-Through and Welfare Effects of Regulations that Affect Product Attributes
