Elasticities of Road Traffic and Fuel Consumption with Respect to Price and Income: A Review

Authors: GOODWIN P.1; DARGAY J.1; HANLY M.1

Source: Transport Reviews, Volume 24, Number 3, May 2004 , pp. 275-292(18)

Publisher: Routledge, part of the Taylor & Francis Group

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Abstract:

This paper gives the main results of a literature review of new empirical studies, published since 1990, updating work on the effects of price and income on fuel consumption, traffic levels, and where available other indicators including fuel efficiency and car ownership. The results are broadly consistent with several earlier reviews, though not always with current practice. The work was carried out as one of two parallel 'blind' literature reviews, the other being summarized in a companion paper by Graham and Glaister: the results are broadly, though not in every respect, consistent.

Document Type: Research article

DOI: 10.1080/0144164042000181725

Affiliations: 1: ESRC Transport Studies Unit University College London London UK

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