Retirement decision and household’s gasoline consumption: Evidence from a Regression Discontinuity Design

IF 14.2 2区 经济学 Q1 ECONOMICS Energy Economics Pub Date : 2025-04-01 Epub Date: 2025-03-11 DOI:10.1016/j.eneco.2025.108374
Nicola Francescutto
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Abstract

I employ household-level data over 2006–2017 to quantify the impact of retirement on gasoline consumption. Based on a fuzzy regression discontinuity design, I show that gasoline consumption declines by 32–36 percent on average over my different specifications. The reduction reaches 59–66 percent when I restrict the sample to single-person households. I further find that the probability to use any gasoline decreases by 5–6 percent at retirement (13–16 percent for single-person households). These findings suggest that demographic trends represent an important driver of CO2 emissions associated with private mobility in developed countries.
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退休决策与家庭汽油消费:来自回归不连续设计的证据
我使用2006-2017年的家庭数据来量化退休对汽油消费的影响。基于模糊回归不连续设计,我展示了不同规格的汽油消耗量平均下降32 - 36%。当我将样本限制在单身家庭时,降幅达到了59 - 66%。我进一步发现,退休后使用汽油的可能性降低了5 - 6%(单身家庭减少了13 - 16%)。这些发现表明,人口趋势是发达国家与私人交通相关的二氧化碳排放的重要驱动因素。
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来源期刊
Energy Economics
Energy Economics ECONOMICS-
CiteScore
18.60
自引率
12.50%
发文量
524
期刊介绍: Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.
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