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The Demand for Automobile Fuel: A Survey of Elasticities

Authors: Graham, Daniel J.; Glaister, Stephen

Source: Journal of Transport Economics and Policy (JTEP), Volume 36, Number 1, 1 January 2002 , pp. 1-25(25)

Publisher: Journal of Transport Economics and Policy

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Abstract:

A survey is made of the international research on the response of motorists to fuel price changes and an assessment of the orders of magnitude of the relevant income and price effects. The paper highlights some new results and directions that have appeared in the literature. The evidence shows important differences between the long- and short-run price elasticities of fuel consumption.

Document Type: Research Article

Publication date: January 1, 2002

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  • JTEP is international both in terms of authors and readership. Since it first appeared, more than 650 papers have been published from Europe, North America, the Pacific Rim/Australasia, Africa, Asia, and South America. This international variety is also reflected in the readership.

    Published three times a year, the journal covers all modes of transport and a wide variety of economic themes, including: Passenger Transport, Freight Transport, Shipping, Aviation, Transport Infrastructure, Environment & Energy, Traffic, Planning and Policy, Safety, Costs & Pricing, Competition, Evaluation, Productivity, Demand & Elasticities, Service Quality, Economies of Scale, Economics Regulation and Choice.

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