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Analysis of Gasoline Demand and Tax Impact on Consumption Patterns by Income Levels

This document explores various aspects of consumption patterns and gasoline demand in the U.S., focusing on the relationship between income, consumption, and tax reforms. Key figures illustrate joint distributions, density of log consumption, and shape-invariant Engel curves for food and alcohol shares. It also examines the impact of tax reforms on budget shares and welfare gains across different income deciles, utilizing data from Blundell, Horowitz, and Parey (2008, 2009). The analysis emphasizes the conditional mean of gasoline demand across various income quartiles.

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Analysis of Gasoline Demand and Tax Impact on Consumption Patterns by Income Levels

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  1. Figure 3b: Typical Joint Distribution in Micro-Data

  2. Fig 3a: The Density of Log Consumption: FES

  3. Fig 3c: Shape Invariant Engel Curve: Food Share

  4. Fig 3d: Shape Invariant Engel Curve: Alcohol Share

  5. Figure 10a: US Gasoline Demand: Conditional Mean for Upper Quartile of Income Blundell, Horowitz and Parey (2008)

  6. Figure 10a: US Gasoline Demand: Conditional Mean for Median Income Blundell, Horowitz and Parey (2008)

  7. Figure 10a: US Gasoline Demand: Conditional Mean for 25% Income Blundell, Horowitz and Parey (2008)

  8. Figure 8c: DWL as a % of Tax Paid Blundell, Horowitz and Parey (2008)

  9. Figure 13a Median Gasoline Demand at Median Income Blundell, Horowitz and Parey (2009)

  10. Figure 13b Median Gasoline Demand at 75% Income Blundell, Horowitz and Parey (2009)

  11. Figure 13d Gasoline Demand Quantiles at Median Income Blundell, Horowitz and Parey (2009)

  12. Figure 13e Gasoline Demand Quantiles at Median Income Blundell, Horowitz and Parey (2009)

  13. Figure 8a: Distance as an Instrument for Gasoline Price

  14. Figure 8b: Nonparametric Exogeneity Test, By Income Blundell, Horowitz and Parey (2008)

  15. Indirect Taxation – UK case

  16. Impact on budget share of an additional hour worked Conditional on income and prices Source: QUAIDS on UK FES, MR1

  17. Effect of base broadening reform with earnings tax reform compensation, by expenditure decile

  18. Effect of base broadening reform with earnings tax instruments as compensation (MRII), by income decile

  19. Reform revenue neutral and designed to leave effective tax rates on earnings unchanged EMTR: before and after indirect tax reform

  20. Reform revenue neutral and designed to leave effective tax rates on earnings unchanged PTR: before and after indirect tax reform

  21. Welfare gains - Distribution of EV/x by ln(x) ln x Source: MRII

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