Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7404227 | Energy Policy | 2013 | 9 Pages |
Abstract
This paper estimates the price and income elasticities of demand for gasoline in China. Our estimates of the intermediate-run price elasticity of gasoline demand range between â0.497 and â0.196, and our estimates of the intermediate-run income elasticity of gasoline demand range between 1.01 and 1.05. We also extend previous studies to estimate the vehicle miles traveled (VMT) elasticity and obtain a range from â0.882 to â0.579.
Keywords
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Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
C.-Y. Cynthia Lin, Jieyin (Jean) Zeng,