INDIVIDUAL RESPONSES TO RISING GASOLINE PRICES: A PANEL APPROACH

A panel survey design is used to study how individual motorists responded to rising gasoline prices during the latter half of the 1970s. Data on past and future responses to rising gasoline prices were obtained in 1975, 1976, and 1980; the responses were coded into three categories: drive less, other economy measures, and no change. Almost all drivers reported some effect of gasoline prices, and by 1980 most drivers were prepared either to drive less or to pay up to $2.00/gal to maintain their current level of driving. Analysis of trend data suggests that many drivers do eliminate some of their discretionary driving when gasoline prices rise, particularly when the rate of increase is faster than the increase in inflation.

• Record URL:
  • http://onlinepubs.trb.org/Onlinepubs/trr/1983/935/935-006.pdf
• Summary URL:
  • https://scholar.google.com/scholar_lookup?title=INDIVIDUAL+RESPONSES+TO+RISING+GASOLINE+PRICES%3A+A+PANEL+APPROACH&author=R.+Trent&author=C.+Pollard&publication_year=1983
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  • Find a library where document is available. Order URL: http://worldcat.org/isbn/030903650X
• Supplemental Notes:
  • This paper was published in Transportation Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.Research Record 935, Analysis of Issues in Energy Planning and Energy Modeling.
• Corporate Authors:

  Transportation Research Board

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• Authors:
  • Trent, Roger B
  • Pollard, Cecil R
• Publication Date: 1983

Media Info

• Media Type: Print
• Features: Figures; References;
• Pagination: pp 33-40
• Monograph Title: ANALYSIS OF ISSUES IN ENERGY PLANNING AND ENERGY MODELING
• Serial:
  • Transportation Research Record
  • Issue Number: 935
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Chemical reduction; Consumer behavior; Driving; Gasoline; Prices
• Uncontrolled Terms: Increase
• Old TRIS Terms: Reduction; User reactions
• Subject Areas: Highways; Vehicles and Equipment; I96: Vehicle Operating Costs;

Filing Info

• Accession Number: 00386801
• Record Type: Publication
• ISBN: 030903650X
• Files: TRIS, TRB
• Created Date: Aug 30 1984 12:00AM