| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7405464 | Energy Policy | 2012 | 10 Pages |
Abstract
⺠Estimates trends in income and price elasticities of aggregate UK land transport demand (1850-2010). ⺠Income and price elasticities were very large in late 1800s and declined since then. ⺠In 2010, they were estimated to be 0.8 and â0.6. ⺠Future elasticities are likely to decline gradually in developed economies and faster in developing economies. ⺠Energy transitions may delay the decline in elasticities.
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Physical Sciences and Engineering
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Energy Engineering and Power Technology
Authors
Roger Fouquet,