FUEL CONSUMPTION FOR ROAD TRANSPORT IN THE USA - A COMMENT

A recent article in this journal econometrically estimated the relationship between US car and truck fuel economy and the price of fuel, without considering the effect of legally mandated fuel economy standards for new vehicles. There is considerable evidence that the standards have played an important role in recent fuel economy improvements. An alternative approach to estimating the fuel price responsiveness of new vehicle fuel economy based on vehicle sales data and capital operating cost trade-off analysis of fuel efficient vehicle design and technology suggests short- and long-run elasticities in the vicinity of 0.25 and 0.5, respectively. For abstract of the previous article see TRIS 376748. (Author/TRRL)

  • Availability:
  • Corporate Authors:

    Butterworth Scientific Limited

    Journals Division, P.O. Box 63, Westbury House, Bury
    Guildford, Surrey  England  GU2 5BH
  • Authors:
    • Greene, D L
    • Roberts, G F
  • Publication Date: 1984-2

Media Info

  • Features: Figures; References; Tables;
  • Pagination: p. 145-147
  • Serial:
    • Energy Economics
    • Volume: 6
    • Issue Number: 2
    • Publisher: Butterworth Scientific Limited
    • ISSN: 0140-9883

Subject/Index Terms

Filing Info

  • Accession Number: 00387241
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD, TRIS
  • Created Date: Aug 30 1984 12:00AM