MEASURING THE LONG-RUN FUEL DEMAND OF CARS

Long-run fuel demand for cars is estimated by figuring separately total vehicle stock, mean fuel intensity, and mean annual driving distance, based on a new data set consisting of 12 OECD countries from 1973 to 1992. A large part of the estimated long-run fuel price elasticity arises from changes in mean fuel intensity, while the long-run income elasticity arises largely from changes in the number of cars. The effects of changed taxes on car ownership and use are significant, but smaller than from a change in fuel tax.

  • Availability:
  • Corporate Authors:

    University of Bath

    Claverton Down
    Bath, Avon  United Kingdom  BA2 7AY
  • Authors:
    • Johansson, O
    • Schipper, L
  • Publication Date: 1997-9

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00763804
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 19 1999 12:00AM