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Free Content Modelling Fuel Demand of Passenger Cars in Spain

A Dynamic Panel Data Analysis Using the Generalised Method of Moments

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This paper identifies the main determinants of fuel consumption by households in the passenger transport sector in Spain (private cars). We estimate a Generalised Method of Moments model using quarterly (panel) data on automotive fuel consumption by 8,000 households between 1998 and 2005. The paper shows a clear persistence of habit in fuel consumption and a strong, statistically significant relationship between household transport fuel consumption and income, price of public transport, and fuel prices. In addition, consumption is significantly related to household size, the geographical location of the household, and whether the breadwinner is an employer and an employee.

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Document Type: Research Article

Publication date: 01 May 2014

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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 four 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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