THE INFLUENCE OF THE PRICE OF GASOLINE ON VEHICLE USE IN MULTIVEHICLE HOUSEHOLDS
Two-thirds of the households in the United States that own motor vehicles own two or more. Multiple vehicle ownership permits households to substitute travel by fuel-efficient vehicles for travel by inefficient vehicles in response to higher fuel prices. Travel demand equations were estimated for one-, two-, and three-vehicle households by using disaggregate data from a monthly diary of vehicle use from April 1978 to March 1981. Three individual equations and a combined equation for small cars, large cars, and trucks were estimated. Price and fuel efficiency elasticities were allowed to vary according to the type of other vehicle owned by the household. In response to a 25 percent increase in gasoline price, the model predicts a 5 percent decline in vehicle use, but only a 0.2 percent increase in overall fuel efficiency is due to shifts to smaller vehicles.
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Supplemental Notes:
- 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. Publication of this paper sponsored by Committee on Energy Conservation and Transportation Demand.
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Authors:
- Greene, David L
- Hu, Patricia S
- Publication Date: 1984
Media Info
- Media Type: Print
- Features: References; Tables;
- Pagination: pp 19-24
- Monograph Title: Methodologies for considering technical energy issues in urban transportation planning
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Serial:
- Transportation Research Record
- Issue Number: 988
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Automobile travel; Compact automobiles; Elasticity (Mechanics); Gasoline; Households; Impact studies; Large automobiles; Modal shift; Prices; Travel demand; Trucks
- Old TRIS Terms: Large car; Small car
- Subject Areas: Highways; Motor Carriers; Planning and Forecasting; Society; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 00450305
- Record Type: Publication
- ISBN: 0309037727
- Report/Paper Numbers: HS-038 878
- Files: HSL, TRIS, TRB
- Created Date: Nov 30 1985 12:00AM